557 1st St, Cedar Key, FL 32625

$529,000
2
BD
2
BA
1,296
SqFt

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List Price
$529,000
Status
ACTIVE
MLS#
796258
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
1,296
Lot Size (Acres)
0.06
Year Built
2000

Property 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.

Additional Information

Subdivision
Cedar Key
Taxes
$7,865
Interior Features
Vaulted/Cathedral Ceilings, Ceiling Fans, Laminate Counters, Open Floor Plan
Flooring
Tile
Exterior Features
Lighting
Heating
Electric
Cooling
Electric
Roof
Metal
Utilities
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Cedar Key Realty, Inc..