581 First St, Cedar Key, FL 32625
Property image
Property image
OFF MARKET

$481,900

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 2,482 sqft

581 First St, Cedar Key, FL 32625

Est. Refi. Payment $3,199/mo*
Refinance Your Home
Currently Off Market - Sold Nov 21, 2023 for $499,900

Home Value

Trulia Estimate
$482K
Since last month
Increased$3K (+0.6%)
Since last year
Decreased$1K (-0.3%)
Since last sale
Decreased$18K (-3.6%)
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 +84% in the last 10 years
MonthEstimated value
2026
August 2026$482K
August 2026$482K
July 2026$479K
June 2026$482K
May 2026$481K
April 2026$475K
March 2026$483K
February 2026$476K
January 2026$470K
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
841 2nd St, Cedar Key, FL
0.18
Single-Family Home
$385,000
11/18/25
3
2
3,102
652 1st St, Cedar Key, FL
0.08
Single-Family Home
$612,000
03/03/26
2
2
1,550
5051 G St, Cedar Key, FL
0.26
Single-Family Home
$600,000
03/03/26
3
2
3,196
758 5th St, Cedar Key, FL
0.22
Single-Family Home
$302,000
03/23/26
2
2
800
5011 F St, Cedar Key, FL
0.22
Single-Family Home
$215,000
04/09/26
2
2
1,272
660 1st St, Cedar Key, FL
0.09
Single-Family Home
$825,000
06/09/26
3
3.5
1,560
709 6th St, Cedar Key, FL
0.26
Single-Family Home
$325,000
05/21/26
2
2
938
782 7th St, Cedar Key, FL
0.30
Single-Family Home
$320,000
07/15/26
3
2
1,438
5010 G St, Cedar Key, FL
0.28
Single-Family Home
$285,000
04/30/26
2
2
1,399
12850 Whiddon Ave, Cedar Key, FL
0.43
Single-Family Home
$291,000
09/01/26
3
2
1,308

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
7 8 9 10 2nd St, Cedar Key, FL 32625
0.05
-
-
-
-
Off Market
557 1st St, Cedar Key, FL 32625
0.01
$529,000
2
2
1,296
For Sale
549 1st St, Cedar Key, FL 32625
0.02
$459,000
2
2
1,240
For Sale
2nd St, Cedar Key, FL 32625
0.06
-
-
-
-
Off Market
513 1st St UNIT 3, Cedar Key, FL 32625
0.03
$225,000
2
1.5
1,352
Recently Sold
511 1st St, Cedar Key, FL 32625
0.04
$190,100
2
1.5
1,152
Off Market
550 1st St UNIT 105, Cedar Key, FL 32625
0.03
$195,200
1
1
672
Off Market
550 1st St UNIT 202, Cedar Key, FL 32625
0.03
$250,000
1
1
560
Recently Sold
550 1st St UNIT 214, Cedar Key, FL 32625
0.03
$265,357
2
2
960
Recently Sold
550 1st St UNIT 113, Cedar Key, FL 32625
0.03
$329,000
1
1
560
For Sale
550 1st St UNIT 207, Cedar Key, FL 32625
0.03
$345,000
1
1
560
For Sale

Local Information

  • Map ViewExplore the area around 581 First St.
  • Schools1 Preschool School3 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
2,482 sqft
$194/sqft
Open Parking

About this House

Great income producing property. Rare opportunity to own downtown in Cedar Key. Two apartments in an elevated building not affected by storm surge. One bedroom apartment upstairs, with full kitchen. Efficiency apartment below with walk in shower. Both have views of the Gulf and downtown area. House offers opportunity for rental income while you live upstairs or rent out both. Great rental history, convenient location close to everything.
581 First St, Cedar Key, FL 32625 is a 2 bedroom, 2 bathroom, 2,482 sqft single-family home built in 2002. It last sold for the $499,900 asking price on Nov 21, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $481,900.
Last check for updates: about 10 hours ago
Listed by Lori Schleede, (352) 221-0572
Pelican Realty, (352) 543-5581
Bought with: Doris C Hellermann Pa, (352) 949-1575, Cedar Key Realty, Inc., (352) 543-9899
Source: Dixie-Gilchrist Levy Counties BOR, MLS#789321

Home Details for 581 First St

Active Status

MLS Status: Sale Closed

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2482 Square Feet
Appliances & Utilities
Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Microwave Hood, Electric Range, Refrigerator, Washer/Dryer StackedDishwasherDisposalLaundry: Laundry Closet,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,Multiple UnitsHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Window: Single Hung Windows, BlindsFlooring: Tile
Levels, Entrance, & Accessibility
Levels: 2+ StoryFloors: Tile

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: PorchOther Structures: Separate Entrance AptExterior: Balcony, LightingFoundation: Raised
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Side/Rear Entry,Under House,Brick,Concrete,Dirt,Shared Driveway
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Key West
Building
Construction Materials: HardiPlank Type, FrameNot Attached Property
Property Information
Parcel Number: 0851400400

Price & Status

Price
List Price: $499,900
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

Building

Building Area
Building Area: 2482 Square Feet

Lot Information

Lot Area: 2613.6 sqft

Offer

Listing Terms: Cash, Owner May Carry

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 789321Attribution Contact: 3525435581, carynd@gmail.com

Price and Tax history

DateEventPrice
Nov 21, 2023
Source: Dixie-Gilchrist Levy Counties BOR #789321
Sold
$499,900
Oct 25, 2023
Source: Dixie-Gilchrist Levy Counties BOR #789321
Pending
$499,900
Oct 6, 2023
Source: Dixie-Gilchrist Levy Counties BOR #789321
Listed For Sale
$499,900

Market trends in Cedar Key

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
62
6MoM

Around this home

View nearby schools on GreatSchools
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.
  • 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."
    0
    Flag
  • 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."
    0
    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
    Flag
  • 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!!"
    0
    Flag
  • 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."
    0
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Frequently asked questions about 581 First St

  • What is 581 First St estimated to be worth?
    Trulia's estimated value for 581 First St in Cedar Key, FL is $481,900.
  • What is the price history for 581 First St?
    581 First St in Cedar Key, FL last sold for $499,900 in November 2023.
  • Is Cedar Key a buyer's or seller's market?
    Cedar Key is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 581 First St?
    The closest schools to 581 First 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).
  • Does 581 First St have air conditioning?
    Yes, 581 First St in Cedar Key, FL has air conditioning.
  • Does 581 First St have laundry facilities?
    Yes, 581 First St in Cedar Key, FL has laundry facilities.

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