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Ad #7649863
MLS #799134
Listing photo

Perched along the shimmering shoreline of Cedar Key, this

550 1st St 112, Cedar Key, FL 32625
$289,000
1Beds
1Baths
560Sqft
--Acres

About this property

Perched along the shimmering shoreline of Cedar Key, this gulf-front condominium delivers what discerning coastal buyers seek but rarely find: unobstructed, panoramic water views paired with true walkability to the heart of town. From morning light dancing across the Gulf to painted sunset skies, every moment on Cedar Key is framed by open water and the easy rhythm of island living. Positioned in what many consider the premier location on the island, this residence places you just steps from local dining, shopping, and the vibrant waterfront-yet feels worlds away with its elevated vantage point and sweeping views of birds and water. A dedicated parking space and golf-cart-friendly access ensure effortless movement from your front door to everything Cedar Key has to offer. Thoughtfully elevated for peace of mind, the property is undergoing a comprehensive restoration scheduled for completion in August 2026. The result will be essentially new construction within an established, high-demand complex: fresh drywall, a fully redesigned kitchen with granite counters, new appliances, updated flooring, modern paint finishes, and a reimagined bath-all complemented by curated, high-quality coastal furnishings. A new HVAC system and in-unit washer and dryer add practical comfort to the refined aesthet?ic. If you hurry, you can select colors and other options! Beyond the residence, the community itself is being revitalized, highlighted by what is widely regarded as the best pool in town-set gulf-side for uninterrupted water views-and surrounded by refreshed landscaping that enhances both privacy and curb appeal. For investors, the opportunity is equally compelling: a proven, high-performing rental property with no usage restrictions, offering immediate income potential upon completion. A superior ROI means years of a high producing unit in your portfolio. For end users, it's a turnkey coastal retreat or full-time residence where every detail has been addressed. Island Place 112 is a fully reimagined gulf-front condominium in one of Florida's most authentic waterfront communitiese imagine the possibilities! Pictures indicate current condition as well as some pictures from prior to Sept 2024 to show how it can look when completed. Buyer may be able to select colors and options, depending on timing.

Property Features

1 Beds
1 Baths
560 Sqft
Built in 1982
0.000 Acres
On Beachfront
Siding: Frame
Metal Roof
Has Swimming Pool
Has Fireplace
Electric (Heating), Central
$2,340 / yr property tax
Levy County
The Island Place at Cedar Key Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Melinda Allen

Pelican Realty

352-222-8585

Location

Map
Listing Agent: Melinda Allen 352-222-8585
Broker: Pelican Realty 352-543-5581 Listing Site
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.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

Perched along the shimmering shoreline of Cedar Key, this - photo 1
Perched along the shimmering shoreline of Cedar Key, this - photo 2
Perched along the shimmering shoreline of Cedar Key, this - photo 3
Perched along the shimmering shoreline of Cedar Key, this - photo 4
Perched along the shimmering shoreline of Cedar Key, this - photo 5
Perched along the shimmering shoreline of Cedar Key, this - photo 6
Perched along the shimmering shoreline of Cedar Key, this - photo 7
Perched along the shimmering shoreline of Cedar Key, this - photo 8
Perched along the shimmering shoreline of Cedar Key, this - photo 9
Perched along the shimmering shoreline of Cedar Key, this - photo 10
Perched along the shimmering shoreline of Cedar Key, this - photo 11
Perched along the shimmering shoreline of Cedar Key, this - photo 12
Perched along the shimmering shoreline of Cedar Key, this - photo 13
Perched along the shimmering shoreline of Cedar Key, this - photo 14
Perched along the shimmering shoreline of Cedar Key, this - photo 15
Perched along the shimmering shoreline of Cedar Key, this - photo 16
Perched along the shimmering shoreline of Cedar Key, this - photo 17
Perched along the shimmering shoreline of Cedar Key, this - photo 18
Perched along the shimmering shoreline of Cedar Key, this - photo 19
Perched along the shimmering shoreline of Cedar Key, this - photo 20
Perched along the shimmering shoreline of Cedar Key, this - photo 21
Perched along the shimmering shoreline of Cedar Key, this - photo 22

$289,000

1
Beds
1
Baths
560
Sqft

550 1st St 112, Cedar Key, FL 32625

By contacting this agent you agree to these Terms and Conditions.
Home Florida Cedar Key
Perched along the shimmering shoreline of Cedar Key, this - photo 1
Perched along the shimmering shoreline of Cedar Key, this - photo 2
Perched along the shimmering shoreline of Cedar Key, this - photo 3
Perched along the shimmering shoreline of Cedar Key, this - photo 4
Perched along the shimmering shoreline of Cedar Key, this - photo 5
MLS# 799134
Condo For Sale

Perched along the shimmering shoreline of Cedar Key, this

$289,000

550 1st St 112, Cedar Key, FL 32625

1
Beds
1
Baths
560
Sqft
--
Acres
$289,000
550 1st St 112, Cedar Key, FL 32625
1 Beds
1 Baths
560 Sqft
-- Acres
Perched along the shimmering shoreline of Cedar Key, this gulf-front condominium delivers what discerning coastal buyers seek but rarely find: unobstructed, panoramic water views paired with true walkability to the heart of town. From morning light dancing across the Gulf to painted sunset skies, every moment on Cedar Key is framed by open water and the easy rhythm of island living. Positioned in what many consider the premier location on the island, this residence places you just steps from local dining, shopping, and the vibrant waterfront-yet feels worlds away with its elevated vantage point and sweeping views of birds and water. A dedicated parking space and golf-cart-friendly access ensure effortless movement from your front door to everything Cedar Key has to offer. Thoughtfully elevated for peace of mind, the property is undergoing a comprehensive restoration scheduled for completion in August 2026. The result will be essentially new construction within an established, high-demand complex: fresh drywall, a fully redesigned kitchen with granite counters, new appliances, updated flooring, modern paint finishes, and a reimagined bath-all complemented by curated, high-quality coastal furnishings. A new HVAC system and in-unit washer and dryer add practical comfort to the refined aesthet?ic. If you hurry, you can select colors and other options! Beyond the residence, the community itself is being revitalized, highlighted by what is widely regarded as the best pool in town-set gulf-side for uninterrupted water views-and surrounded by refreshed landscaping that enhances both privacy and curb appeal. For investors, the opportunity is equally compelling: a proven, high-performing rental property with no usage restrictions, offering immediate income potential upon completion. A superior ROI means years of a high producing unit in your portfolio. For end users, it's a turnkey coastal retreat or full-time residence where every detail has been addressed. Island Place 112 is a fully reimagined gulf-front condominium in one of Florida's most authentic waterfront communitiese imagine the possibilities! Pictures indicate current condition as well as some pictures from prior to Sept 2024 to show how it can look when completed. Buyer may be able to select colors and options, depending on timing.
103 days
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Property Details

HOME DETAILS

1 Beds
1 Baths
560 Sqft
Built in 1982
0.000 Acres

BEACH & VIEW

On Beachfront

EXTERIOR

Siding: Frame
Metal Roof
Has Swimming Pool

INTERIOR

Has Fireplace
Electric (Heating), Central

FINANCIAL & COMMUNITY

$2,340 / yr property tax
Levy County
The Island Place at Cedar Key Community
See More Details

Location

Map
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Ad Statistics

Ad Number
7649863
Viewed
80 times
Listing Status
Active
Added
Apr 30, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Dixie-Gilchrist-Levy Multiple Listing Service
Source Property ID
799134
Listing Agent: Melinda Allen 352-222-8585
Broker: Pelican Realty 352-543-5581 Listing Site
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.

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These three pieces of prime island water view land are nestled - photo 2
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These three pieces of prime island water view land are nestled - photo 22

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These three pieces of prime island water view land are nestled

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Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
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ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com GolfHomes.com BarrierFreeHome.com
SUBSCRIBE
Receive notifications for new listings
Subscribe
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy