FOR SALE
550 1st St UNIT 202
Cedar Key, FL 32625
1 Bed
1 Bath
560 sqft
- 1 Bed
- 1 Bath
- 560 sqft
1 Bed
1 Bath
560 sqft
Local Information
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Description
Introducing a beautiful one bedroom/one bath condo at Island Place in the picturesque Cedar Key. This unit offers a fresh and modern aesthetic, perfect for those seeking a contemporary coastal retreat. The condo boasts a breathtaking water view, allowing residents to immerse themselves in the serenity of the surrounding environment. All furnishings are included so pack a small suitcase and be ready to move right in! Beyond its captivating location, this property also presents a lucrative investment opportunity with strong rental income potential. Whether you choose to use it as a personal sanctuary or as a lucrative rental property, this condo promises a sound financial return. Additionally, Island Place offers an array of amenities to enhance your living experience, including a newly redone pool and BBQ area, perfect for enjoying leisurely afternoons. Don't miss the chance to own this exceptional condo at Island Place Unit 202 that combines impeccable style, breathtaking views, and a strong rental income potential.
Home Highlights
Parking
Open Parking
Outdoor
Deck, Pool
View
Gulf View
HOA
$603/Monthly
Price/Sqft
$455
Listed
42 days ago
Home Details for 550 1st St UNIT 202
Interior Features |
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Interior Details Number of Rooms: 3Types of Rooms: Master Bedroom, Master Bathroom |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 560 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer StackedDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Storm Window(s), Windborne Debris Protection, BlindsDoor: Sliding DoorsFlooring: Laminate, No Carpet, Tile |
Levels, Entrance, & Accessibility Levels: 2+ StoryFloors: Laminate, No Carpet, Tile |
View Has a ViewView: Gulf View |
Security Security: Smoke Detector(s) |
Exterior Features |
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Exterior Home Features Roof: MetalPatio / Porch: DeckExterior: Outdoor Grill, LightingFoundation: Coastal, Pillar/Post/Pier |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Other,Asphalt |
Pool Pool: Concrete Pool, Heated, In Ground, Fenced, Salt WaterPool |
Frontage WaterfrontWaterfront: None, Gulf FrontRoad Frontage: City Street, MaintainedRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Gulf of Mexico |
Surface & Elevation Topography: Level |
Days on Market |
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Days on Market: 42 |
Property Information |
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Year Built Year Built: 1982 |
Property Type / Style Property Type: ResidentialProperty Subtype: CondominiumArchitecture: Traditional |
Building Construction Materials: HardiPlank Type, Frame |
Property Information Included in Sale: All Furniture, Furnishings, Appliances, Electronics, Decor, Household Items, Kitchen And Bath Items.Parcel Number: 1766900000 |
Price & Status |
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Price List Price: $255,000Price Per Sqft: $455 |
Status Change & Dates Possession Timing: Close Of Escrow |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Cedar KeyCommunity: The Island Place At Cedar Key |
School Information Elementary School District: LevyJr High / Middle School District: LevyHigh School District: Levy |
Agent Information |
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Listing Agent Listing ID: 790295 |
Building |
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Building Area Building Area: 560 Square Feet |
HOA |
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Has an HOAHOA Fee: $1,808/Quarterly |
Offer |
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Listing Terms: Cash, Conventional |
Mobile R/V |
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Mobile Home Park Mobile Home Units: Feet |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Furnished |
Miscellaneous |
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Mls Number: 790295Water ViewWater View: Gulf ViewAttribution Contact: 3525435581 |
Last check for updates: about 21 hours ago
Listing courtesy of Melinda Allen, (352) 222-8585
Pelican Realty, (352) 543-5581
Caryn Stephenson, (352) 228-0420
Pelican Realty, (352) 543-5581
Source: Dixie-Gilchrist Levy Counties BOR, MLS#790295
Price History for 550 1st St UNIT 202
| Date | Price | Event | Source |
|---|---|---|---|
| 03/15/2024 | $255,000 | Listed For Sale | Dixie-Gilchrist Levy Counties BOR #790295 |
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Comparable Sales for 550 1st St UNIT 202
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Condo | $275,000 | 06/23/23 | 1 | 1 | 560 | |
0.01 | Condo | $247,500 | 05/01/23 | 1 | 1 | 560 | |
0.22 | Condo | $163,000 | 10/03/23 | 1 | 1 | 480 | |
0.23 | Condo | $116,000 | 05/11/23 | 1 | 1 | 480 | |
0.31 | Condo | $145,000 | 05/22/23 | 1 | 1 | 480 | |
0.31 | Condo | $195,000 | 05/24/23 | 1 | 1 | 672 | |
0.22 | Condo | $125,000 | 02/01/24 | 1 | 480 | ||
0.29 | Condo | $368,500 | 08/15/23 | 2 | 2 | 1,080 | |
0.31 | Condo | $415,000 | 01/24/24 | 2 | 2 | 1,080 |
What Locals Say about Cedar Key
- Gravelsherriff
- Visitor
- 5y ago
"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."
- sgwynans
- 10y ago
"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!"
- Wifey
- 10y ago
"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!!"
- Ed G.
- 13y ago
"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."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Melinda Allen, Pelican Realty
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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
550 1st St UNIT 202, Cedar Key, FL 32625 is a 1 bedroom, 1 bathroom, 560 sqft condo built in 1982. This property is currently available for sale and was listed by Dixie-Gilchrist Levy Counties BOR on Mar 15, 2024. The MLS # for this home is MLS# 790295.