550 1st St, #201, Cedar Key, FL 32625 Property Records

Levy County property record for 550 1st St, #201, Cedar Key, FL 32625

Property Summary

Property TypeCondominium
Details560 sqft · built 1982
OwnerOwner Name on File
Last Sale$165,000 (May 2004)
Tax Bill$3,070 (2024)
Flood ZoneZone VE (high risk)
APN1766800000

Property Details

APN / Parcel Number

Primary APN1766800000
Alternative APN
  • 3215131766800000

Interior

Building Area560 sqft Heated Area
1st Floor Area560 sqft

Exterior

Year BuiltBuilt 1982
Construction TypeMasonry / Concrete Block

Location & Zoning

Old Parcel Number3215131766800000
Street Address550 1ST ST # 201, 201
CityCEDAR KEY
StateFL
Zip32625
Property CategoryResidential
Property TypeResidential > Condominium / Townhouse > Condominium
Legal Description32-15-13 THE ISLAND PLACE UNIT 201 OR BOOK 885 PAGE 600
Legal Range13E
Legal Township15S
Legal Section32
Legal SubdivisionTHE ISLAND PLACE
Legal Unit201
JurisdictionLEVY FL
Township / Civil DivisionCEDAR KEY-YANKEETOWN
Census Block Group1
Census Block1150
Census Tract970400

Owner

The current owner of 550 1st St, #201 bought it in May 2004.

Source: Levy County records, as of January 2, 2026

Owner of RecordOwner Name on File
Mailing Address46 SHORE RD, EAST SETAUKET, NY 11733-3921

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 3, 2004 · Amount on File
Deed SaleMay 3, 2004 · Amount on File
Prior SaleFeb 15, 2002
Deed Document Number425097
Deed Book / Page0885 / 0600
Record UpdatedJun 8, 2026

Tax Assessment & Valuation

Source: Levy County assessment roll, as of July 1, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyLevy County
MunicipalityCedar Key City
Unified School DistrictLevy County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$119,532 Land $1 Building $119,531$119,532 Land $1 Building $119,531
2024$3,070.00 (-6.97%)
2023$3,300.00 (+15.79%)$212,500 (+25%)$212,500 (+25%) Land $1 Building $212,499
2022$2,850.00$170,000$170,000 Land $1 Building $169,999

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 550 1st St, #201 in Zone VE, a high-risk coastal flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective September 15, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone VE
high risk · coastal, wave action
100-Year FloodplainYes
1% annual chance
FloodwayNo
Base Flood Elevation15.0 ft
Flood Insurance RequirementRequired
federally backed loans
Flood Insurance CostPremium on File
median of 186 individual policies
Community Rating SystemClass 9 (5% premium discount)
Nearby Flood Policies378 units insured
incl. 192 condo units
Nearby Flood Claims614 (1983–2024)
Claims Outside the SFHA1 of 614
Most Recent ClaimOct 2024 · Hurricane Milton
Claims by Event
  • Hurricane Helene, Sep 2024 · 149 claims
  • Hurricane Idalia, Aug 2023 · 100 claims
  • Tropical Storm Josephine, Oct 1996 · 91 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 550 1st St, #201 is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 97% of the US · lower than 96% of Florida
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCEDAR KEY WTP
serves 735 people · EPA ID FL2380178
Water SourceGroundwater
Last State InspectionFeb 2025
LeadUnder 1 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jan 2021
Haloacetic acids
resolved · Oct 2017
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 305 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Fiber by Central Florida
Fiber
2,000 / 2,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

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