About This Home

This 2-bedroom, 2-bathroom single family at 549 1st St in Cedar Key, FL is listed for $459,000 ($198 per sqft). Built in 2000, the home offers 2,322 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 2000
  • 0.06 acre lot

Property Details

2 full
2000
Listing Description

Wow!! Looking for a terrific vacation rental investment? This two-unit home in downtown historic Cedar Key, Florida, is for you! With a bedroom, bath and kitchenette on each floor, you can rent this property as one unit for four people, or as two double units, separately.

This home is elevated for flood safety--but wow--the elevation really extends the water view! Perched just steps from popular "Dock Street" and its restaurants, bars, fishing pier, and outdoor fun, this location is perfect! Just a few steps in the other direction, and you will be at the coffee shop, smoothie joint, library, Art Center or "Main Street" art and gift shops.

City Park is just 1.5 blocks away, with its beach, picnic pavilions, sports court and playground. Rent a kayak there and explore the natural surroundings the island is known for. Oh my--location, location, location! Tastefully decorated, this unit recently enjoyed a refreshing update. Continue with the current independent local vacation rental management company, and you will be set to begin cashing in on closing day. Visit as often as you like, and make rental income when you are away--the very best scenario!

Monthly Cost Estimate

$2,455/mo

20% down · 6.5% · 30 years

Principal$332
Interest$1,989
Insurance$134

Estimates only. Actual payments may vary.

Location

549 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 LightsSeparate Entrance Apt

Property Details

Flooring

VinylTileCeramic/porcelain

Construction

Frame

Outdoor Features

Porch

Parking

Driveway

Heating

CentralElectric (Heating)

Questions & Answers

This 2-bedroom, 2-bathroom single family at 549 1st St is listed at $459,000 ($198/sqft). The estimated monthly payment is $2,455 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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 Vanessa Edmunds.

VE

Vanessa Edmunds

Agent at Cedar Key Realty, Inc.

Listed by Cedar Key Realty, Inc. · Broker phone: (352) 543-9899 · Broker website

MLS# 790344· Source: Dixie-Gilchrist-Levy Multiple Listing Service· 950 days on PropertySimple

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.

549 1st St, Cedar Key, FL 32625

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