$529,000
2 Beds
2 Baths
1,296 sqft
557 1st St, Cedar Key, FL 32625
Est. Mortgage $3,576/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 2000
$408/sqft
Open Parking
Local Information
- Map ViewExplore the area around 557 1st St.
- Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
Downtown Cedar Key Gem with Exceptional Income Potential This unique downtown Cedar Key property offers unmatched flexibility with two completely separate living spaces, each featuring its own private entrance, full kitchen, and master suite—one on each floor. Ideal for vacation rentals, multi-generational living, or owner-occupy with income, this home adapts effortlessly to your lifestyle or investment goals. Offered fully furnished and move-in ready, the property is thoughtfully designed for comfort and convenience, allowing you to start enjoying or renting immediately. Whether used as a full-time residence, seasonal getaway, or high-demand rental, the layout provides privacy for guests while maximizing rental potential. Located in the heart of downtown Cedar Key, you're just steps from restaurants, shops, galleries, and the waterfront—everything that makes island living so desirable. A rare opportunity to own a versatile, turnkey property in one of Florida's most charming coastal communities.
Last check for updates: about 6 hours ago
Listing courtesy of Angela Beckham, (904) 206-1257
Cedar Key Realty, Inc., (352) 543-9899
Source: Dixie-Gilchrist Levy Counties BOR, MLS#796258
Home Details for 557 1st St
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MLS Status: Active |
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Master Bathroom |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1296 Square Feet |
Appliances & Utilities Appliances: Electric Cooktop, Microwave, Refrigerator, Washer/Dryer StackedLaundry: Laundry ClosetMicrowaveRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane Windows, BlindsDoor: French DoorsFlooring: Luxury Vinyl Planking, Tile |
Levels, Entrance, & Accessibility Levels: 2+ StoryFloors: Luxury Vinyl Planking, Tile |
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Exterior Home Features Roof: MetalPatio / Porch: PorchExterior: LightingFoundation: Coastal, Raised |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,Under House,Concrete |
Frontage Road Frontage: City Street, MaintainedRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level |
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Days on Market: 180+ |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: HardiPlank Type, FrameNot Attached Property |
Property Information Included in Sale: Sold Fully Furnished As ShownParcel Number: 0851400000 |
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Price List Price: $529,000Price Per Sqft: $408 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Cedar KeyCommunity: Cedar Key |
School Information Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy |
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Listing Agent Listing ID: 796258 |
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Building Area Building Area: 1296 Square Feet |
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Lot Area: 2613.6 sqft |
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Listing Terms: Cash, Conventional |
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Mobile Home Park Mobile Home Units: Feet |
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Furnished |
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Mls Number: 796258Attribution Contact: 3525439899 |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Cedar Key
At least 4 Trulia users voted on each feature.
100 % Say yards are well-kept
100 % Say it's walkable to restaurants
100 % Say they plan to stay for at least 5 years
92 % Say it's dog friendly
89 % Say people would walk alone at night
88 % Say there's wildlife
88 % Say kids play outside
83 % Say there's holiday spirit
80 % Say it's quiet
71 % Say there are community events
67 % Say parking is easy
67 % Say it's walkable to grocery stores
64 % Say streets are well-lit
55 % Say neighbors are friendly
50 % Say car is needed
40 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Cedar Key
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
62
Home Value
Trulia Estimate
$493KSince last month
Increased$6K (+1.1%)Since last year
Increased$119K (+31.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +102% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $493K |
| August 2026 | $488K |
| July 2026 | $489K |
| June 2026 | $491K |
| May 2026 | $494K |
| April 2026 | $497K |
| March 2026 | $499K |
| February 2026 | $495K |
| January 2026 | $496K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.22 | Single-Family Home | $215,000 | 04/09/26 | 2 | 2 | 1,272 | |
0.09 | Single-Family Home | $612,000 | 03/03/26 | 2 | 2 | 1,550 | |
0.22 | Single-Family Home | $302,000 | 03/23/26 | 2 | 2 | 800 | |
0.19 | Single-Family Home | $385,000 | 11/18/25 | 3 | 2 | 3,102 | |
0.27 | Single-Family Home | $325,000 | 05/21/26 | 2 | 2 | 938 | |
0.10 | Single-Family Home | $825,000 | 06/09/26 | 3 | 3.5 | 1,560 | |
0.29 | Single-Family Home | $285,000 | 04/30/26 | 2 | 2 | 1,399 | |
0.31 | Single-Family Home | $320,000 | 07/15/26 | 3 | 2 | 1,438 | |
0.27 | Single-Family Home | $600,000 | 03/03/26 | 3 | 2 | 3,196 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $479,200 | 2 | 2 | 2,482 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.01 | $459,000 | 2 | 2 | 1,240 | For Sale | |
0.06 | - | - | - | - | Off Market | |
0.02 | $225,000 | 2 | 1.5 | 1,352 | Recently Sold | |
0.02 | $188,000 | 2 | 1.5 | 1,152 | Off Market | |
0.02 | $203,000 | 1 | 1 | 672 | Off Market | |
0.03 | $250,000 | 1 | 1 | 560 | Recently Sold | |
0.03 | $265,357 | 2 | 2 | 960 | Recently Sold | |
0.03 | $329,000 | 1 | 1 | 560 | For Sale | |
0.03 | $315,000 | 1 | 1 | 560 | For Sale |
Price and Tax history
| Date | Event | Price |
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Dec 23, 2025 Source: Dixie-Gilchrist Levy Counties BOR #796258 | Listed For Sale | $529,000 |
| Year | Property tax | Tax assessment |
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| 2024 | $7,358 | $394,055 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Angela Beckham, Cedar Key Realty, Inc., (352) 543-9899
Agent Phone: (904) 206-1257
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Frequently asked questions about 557 1st St
- What is the estimated monthly payment for 557 1st St?Based on a $529,000 list price with 20% down at today's rates, the estimated monthly payment for 557 1st St in Cedar Key, FL is approximately $3,630 (about $2,867 principal & interest, $688 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 557 1st St?The closest schools to 557 1st St in Cedar Key, FL are Cedar Key High School (Pre-K/Elementary/Middle, rated 8/10), Levy Virtual Franchise (Middle/High), Levy Virtual Instruction Program (Elementary/Middle/High).
- What is 557 1st St estimated to be worth?Trulia's estimated value for 557 1st St in Cedar Key, FL is $493,300.
- Does 557 1st St have air conditioning?Yes, 557 1st St in Cedar Key, FL has air conditioning.
- Does 557 1st St have laundry facilities?Yes, 557 1st St in Cedar Key, FL has laundry facilities.
- How big is the lot at 557 1st St?The lot at 557 1st St in Cedar Key, FL is about 0.06 acres (2,614 sq ft).
557 1st St, Cedar Key, FL 32625 is a 2 bedroom, 2 bathroom, 1,296 sqft single-family home built in 2000. This property is currently available for sale and was listed by Dixie-Gilchrist Levy Counties BOR on Dec 23, 2025. The MLS # for this home is MLS# 796258.