This second floor unit at Island Place condos is a must see in Cedar Key! Exterior is in excellent condition with recent concrete fiberboard siding, deck replacement, railing replacement, and roof only 8 years old. Windows are all updated and sliding doors are impact for no worries while you're away. Not a studio, this is a full separate bedroom condo. Fully stocked kitchen will make your evenings a pleasure to cook and enjoy a great meal on your porch. Stacked washer/dryer right inside the unit to make your vacation seamless. The Gulf front pool is the best pool on the island with a view straight out to Atsena Otie. Walk one block to restaurants and shopping or rent a golf cart to enjoy the island. Dedicated parking space for this unit and onsite management company provides stellar service with superior income and none of the work at Island Place Unit 203! Excellent ROI for investors and those who wish to live here year-round are welcome!
Sold for $200,000 on 05/13/24
$200,000
550 1st St UNIT 203, Cedar Key, FL 32625
1beds
560sqft
Condominium
Built in 1982
-- sqft lot
$215,000 Zestimate®
$357/sqft
$1,157 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 08:23pm
Listed by:
Melinda Allen 352-222-8585,
Pelican Realty 352-543-5581,
Caryn Stephenson 352-228-0420,
Pelican Realty
Bought with:
Melinda Allen, 3464870
Pelican Realty
Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 790489

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Primary bathroom
- Features: Shower Only, Vanity
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
Features
- Breakfast Bar, Ceiling Fan(s), Laminate Counters
- Flooring: Laminate, No Carpet, Tile
- Doors: Sliding Doors
- Windows: Double Pane Windows, Storm Window(s), Windborne Debris Protection, Blinds
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 560
- Total interior livable area: 560 sqft
Property
Parking
- Parking features: Other, Asphalt
- Has uncovered spaces: Yes
Features
- Levels: 2+ Story
- Patio & porch: Deck
- Exterior features: Outdoor Grill, Lighting
- Pool features: Concrete Pool, Heated, In Ground, Fenced, Salt Water
- Has view: Yes
- View description: Gulf View
- Has water view: Yes
- Water view: Gulf View
- Waterfront features: None, Gulf Front
- Body of water: Gulf of Mexico
Lot
- Features: Other, Landscaped, Flood Plain
- Topography: Level
Details
- Parcel number: 1767000000
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
Materials
- HardiPlank Type, Frame
- Foundation: Coastal, Pillar/Post/Pier
- Roof: Metal
Condition
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Metered, Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Cedar Key
- Subdivision: The Island Place At Cedar Key
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,808 quarterly
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$215,000
2% more+ $4,300
With Zillow Showcase(estimated)
$219,300