Levy County property record for 550 1st St, #U208, Cedar Key, FL 32625
| Property Type | Condominium |
|---|---|
| Details | 560 sqft · built 1982 |
| Lot Size | 0.032 acres (1,372 sqft) |
| Owner | 2 Trust Names on File |
| Last Sale | $167,500 (Aug 2019) |
| Tax Bill | $4,198 (2024) |
| Deeds & Mortgages | Sep 2023 Transfer Sep 2023 Transfer + 1 more |
| Flood Zone | Zone VE (high risk) |
| APN | 17675-000-00 |
| Primary APN | 17675-000-00 |
|---|---|
| Alternative APN |
|
| Building Area | 560 sqft Living Area |
|---|---|
| 1st Floor Area | 560 sqft |
| Year Built | Built 1982 |
|---|---|
| Effective Year Built | Effective 1982 |
| Architectural Style | Condo/Apartment |
| Construction Type | Masonry / Concrete Block |
| Lot Area | 1,372 sqft (0.032 acres) |
| Street Address | 550 1ST ST, U208 |
|---|---|
| City | CEDAR KEY |
| State | FL |
| Zip | 32625-5108 |
| Property Category | Residential |
| Property Type | Residential > Condominium / Townhouse > Condominium |
| Legal Description | 32-15-13 THE ISLAND PLACE UNIT 208 OR BOOK 1705 PAGE 902 |
| Legal Range | 13E |
| Legal Township | 15S |
| Legal Section | 32 |
| Legal Subdivision | THE ISLAND PLACE |
| Jurisdiction | LEVY FL |
| Township / Civil Division | CEDAR KEY-YANKEETOWN |
| Census Block Group | 1 |
| Census Block | 1150 |
| Census Tract | 970400 |
550 1st St, #U208 is held in a trust since September 2023.
Source: Levy County records, as of May 16, 2025
| Owner of Record | 2 Trust Names on File |
|---|---|
| Mailing Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Owner Type | Company |
| Vesting | Trust, Revocable Trust |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Sep 21, 2023 | Intrafamily Transfer, Transfer |
| Sep 21, 2023 | Intrafamily Transfer, Transfer |
| Aug 23, 2019 | Warranty Deed, Transfer · Conventional Mortgage DRUMMOND COMMUNITY BANK |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Aug 23, 2019 · Amount on File |
| Deed Sale | Aug 23, 2019 · Amount on File |
| Prior Sale | Feb 12, 2016 · Amount on File |
| Deed Document Number | 2019656209 |
| Deed Book / Page | 1505 / 176 |
| Last Transfer Date | Sep 14, 2023 |
| Transfer Doc | 0017050902 |
| Record Updated | Jun 8, 2026 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | LEVY FL |
| Recording Date | Sep 21, 2023 |
| Property Address | 550 1ST ST # 208, 208, CEDAR KEY, FL 32625 |
| Document Number | 0017050902 |
| Book / Page | 1705 / 902 |
| Instrument Date | Sep 14, 2023 |
| Instrument | 724788 |
| Transaction Type | Transfer |
| Record Updated | Jan 5, 2026 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Name | Verified Name |
|---|---|
| Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | LEVY FL |
| Recording Date | Sep 21, 2023 |
| Property Address | 550 1ST ST # 208, 208, CEDAR KEY, FL 32625 |
| Document Number | 0017050900 |
| Book / Page | 1705 / 900 |
| Instrument Date | Sep 14, 2023 |
| Instrument | 724787 |
| Transaction Type | Transfer |
| Record Updated | Jan 5, 2026 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Name | Verified Name |
|---|---|
| Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Investor | Possibly a Property Investor |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LEVY FL |
| Recording Date | Aug 23, 2019 |
| Property Address | 550 1ST ST # U208, U208, CEDAR KEY, FL 32625-5108 |
| Document Number | 0015050176 |
| Book / Page | 1505 / 0176 |
| Map Reference | MB 192 PG 322 |
| Instrument Date | Aug 21, 2019 |
| Instrument | 656209 |
| Transaction Type | Transfer |
| Record Updated | Jul 29, 2022 |
| Title Company | ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,172.50 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 16550 HODGES AVE, 16550, CEDAR KEY, FL 32625-4690 |
| Name | Verified Name |
|---|---|
| Address | 4111 SW 5TH AVE, GAINESVILLE, FL 32607-2716 |
| Document Number | 0001505177 |
|---|---|
| Date | Aug 23, 2019 |
| Instrument | 1505/177 |
| Name | DRUMMOND COMMUNITY BANK |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Sep 1, 2049 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 5.75% |
| Adjustable | Adjustable Rate Rider |
| Type Change Date | Sep 1, 2026 |
| Change Frequency | Annually |
| Min Rate At Change | 3.75% |
| Max Rate At Change | 7.75% |
| Index | 1-Year CMT |
| Max Rate | 10.7% |
Source: Levy County assessment roll, as of May 16, 2025
| Type | Name |
|---|---|
| State | Florida |
| County | Levy County |
| Municipality | Cedar Key City |
| Unified School District | Levy County School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $159,375 Land $1 Building $159,374 | $159,375 Land $1 Building $159,374 | |
| 2024 | $4,198.00 (+2.04%) | ||
| 2023 | $4,114.00 (+15.17%) | $212,500 (+25%) | $212,500 (+25%) Land $1 Building $212,499 |
| 2022 | $3,572.00 | $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.
FEMA maps place 550 1st St, #U208 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 Zone | Zone VE high risk · coastal, wave action |
|---|---|
| 100-Year Floodplain | Yes 1% annual chance |
| Floodway | No |
| Base Flood Elevation | 15.0 ft |
| Flood Insurance Requirement | Required federally backed loans |
| Flood Insurance Cost | Premium on File median of 186 individual policies |
| Community Rating System | Class 9 (5% premium discount) |
| Nearby Flood Policies | 378 units insured incl. 192 condo units |
| Nearby Flood Claims | 614 (1983–2024) |
| Claims Outside the SFHA | 1 of 614 |
| Most Recent Claim | Oct 2024 · Hurricane Milton |
| Claims by Event |
|
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 risk around 550 1st St, #U208 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 Risk | Low lower than 97% of the US · lower than 96% of Florida |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CEDAR KEY WTP serves 735 people · EPA ID FL2380178 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Feb 2025 |
| Lead | Under 1 ppb (2024) action level 15 ppb |
| Water Quality | Total trihalomethanes resolved · Jan 2021 Haloacetic acids resolved · Oct 2017 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 3 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.
Source: FCC Broadband Data Collection, based on 305 locations within half a mile, as of December 31, 2025
| Provider | Max 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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