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About This Home

This 2-bedroom, 2-bathroom single family at 557 1st St in Cedar Key, FL is listed for $529,000 ($213 per sqft). Built in 2000, the home offers 2,482 sqft of living space on a 0.06 acres lot.

Agent 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.

Key Features

  • Built in 2000
  • 0.06 acre lot

Property Details

2 full
2000

Monthly Cost Estimate

$2,829/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,292
Insurance$154

Estimates only. Actual payments may vary.

Location

557 1st St

Cedar Key, FL 32625

Features & Amenities

Interior Features

BlindsCeiling FansGreat RoomLaminate CounterLaundry ClosetOpen Floor Plan

Exterior Features

Additional Home(s) on PropertyCovered PorchOutdoor Lights

Property Details

Flooring

Ceramic/porcelainTileVinyl

Construction

Frame

Pool Features

Porch

Parking

Driveway

Heating

CentralElectric (Heating)

Questions & Answers

This 2-bedroom, 2-bathroom single family at 557 1st St is listed at $529,000 ($213/sqft). The estimated monthly payment is $2,292 based on 20% down at 6.5% interest.

Key features include: Built in 2000, 0.06 acre lot. Interior Features: Blinds, Ceiling Fans, Great Room. Exterior Features: Additional Home(s) on Property, Covered Porch, Outdoor Lights.

This property is listed by Angela Beckham and can be reached at 9042061257 or angiebeckham@me.com.

AB

Angela Beckham

Agent at Cedar Key Realty, Inc.

(904) 206-1257

Listed by Cedar Key Realty, Inc. · View on Broker Site

MLS# 796258· Source: listhub· Updated 160 days ago

Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

557 1st St, Cedar Key, FL 32625

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