557 1st St, Cedar Key, FL 32625
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FOR SALE
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557 1st St
Cedar Key, FL 32625

  • 2 Beds
  • 2 Baths
  • 1,296 sqft

$529,000

Est. Mortgage $3,418/mo*
Get Pre-Qualified

$529,000

Est. Mortgage $3,418/mo*
Get Pre-Qualified
2 Beds
2 Baths
1,296 sqft

Local Information

  • Map ViewExplore the area around 557 1st St.
  • Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Open Parking
Outdoor
Porch
View
No Info
HOA
None
Price/Sqft
$408
Listed
180+ days ago

Home Details for 557 1st St

Active Status

MLS Status: Active

Interior Features

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
Room & Shared Space
Shared space is furnished

Exterior Features

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

Days on Market

Days on Market: 180+

Property Information

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

Price & Status

Price
List Price: $529,000Price Per Sqft: $408
Status Change & Dates
Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: Cedar KeyCommunity: Cedar Key
School Information
Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy

Agent Information

Listing Agent
Listing ID: 796258

Building

Building Area
Building Area: 1296 Square Feet

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 796258Attribution Contact: 3525439899
Last check for updates: about 13 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

Market trends in Cedar Key

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
73
5MoM

Price History for 557 1st St

DatePriceEventSource
12/23/2025$529,000Listed For SaleDixie-Gilchrist Levy Counties BOR #796258

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Property Tax and Assessment

Year2024
Tax$7,358
Assessment$394,055
Home facts updated by county records

Comparable Sales for 557 1st St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5011 F St, Cedar Key, FL
0.22
Single-Family Home
$215,000
04/09/26
2
2
1,272
652 1st St, Cedar Key, FL
0.09
Single-Family Home
$612,000
03/03/26
2
2
1,550
758 5th St, Cedar Key, FL
0.22
Single-Family Home
$302,000
03/23/26
2
2
800
681 6th St, Cedar Key, FL
0.26
Single-Family Home
$325,000
09/04/25
2
2
1,652
841 2nd St, Cedar Key, FL
0.19
Single-Family Home
$385,000
11/18/25
3
2
3,102
709 6th St, Cedar Key, FL
0.27
Single-Family Home
$325,000
05/21/26
2
2
938
660 1st St, Cedar Key, FL
0.10
Single-Family Home
$825,000
06/09/26
3
3.5
1,560
5010 G St, Cedar Key, FL
0.29
Single-Family Home
$285,000
04/30/26
2
2
1,399
5051 G St, Cedar Key, FL
0.27
Single-Family Home
$600,000
03/03/26
3
2
3,196
12303 Cedar St, Cedar Key, FL
0.75
Single-Family Home
$148,000
02/25/26
2
2
1,248

Nearby homes

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Assigned Schools

These are the assigned schools for 557 1st St.

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

  • 86 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 78 % 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

  • 54 % Say car is needed

  • 40 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Ckclamhouse
    "Easy commute to work 5 miles away. School zone is the only slow down when in session. Golf cart friendly community, so sometimes your commute may be slowed if you are behind a golf cart."
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  • Gravelsherriff
    "Long one road in one road out. Very little traffic with no curves. Straight as a gun barrel. One gas station about half way through the journey."
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    Flag
  • sgwynans
    "I have lived here for over 34 years - my entire life - with an occassional move; I always come back. It's a great place to live and raise a family, retire, or just as a getaway from the hustle and bustle of the city. Cedar Key is a charming fishing village and haven for artists of all types. We have an excellent public school educating students from Pre-K to 12th grade. Cedar Key School is currently rated an A school - it feels more like a private school than public. Also, I have always had a sense of safety in our community; it's a place where some people still don't lock their doors. I love our town and the lovely people who live here!"
    2
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  • Wifey
    "IF YOU ARE LOOKING FOR A TRUE SENSE OF COMMUNITY, GOOD OLD VALUES AND PEACE AND TRANQUILITY, THEN CEDAR KEY IS THE PLACE TO LIVE!!"
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  • Ed G.
    "CK is not built up like so much of the Gulf Coast of Florida. It's peaceful but there are some things to do (especially for the outdoors type of person). It's a long way to the WalMart for shopping and some things you take for granted in the cities aren't readily available. If you're a fisherman, a nature lover or a home body this a a great place. If you crave the night life then, for you, this is probably a weekend visit kind of place."
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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.
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.