573 1st St, Cedar Key, FL 32625

Nestled in the heart of downtown Cedar Key, this stunning townhome offers the perfect blend of coastal charm and modern convenience. Whether you are looking for a lucrative income-producing rental or a peaceful year-round sanctuary, this property delivers the ultimate Gulf Coast lifestyle. The unique layout begins on the first level, which houses two generous master bedrooms, each with its own private bath. This floor is designed for ease and organization, featuring a convenient laundry closet and extensive storage with great closet space in both the hallway and bedrooms. One of the master suites opens directly onto a private porch, perfect for a quiet morning breath of salt air. Head up the interior stairs or use the separate exterior entrance to reach the expansive second level. This bright, open living space is designed for unforgettable evenings with family, featuring rich hardwood floors, a dedicated dining area, and a large kitchen with stainless steel appliances and floor to ceiling pantry cabinets. Another full bath on this level adds convenience for guests. The living room flows seamlessly onto a spacious balcony porch, the perfect spot for coffee or sun down cocktails overlooking the downtown vibe. For the outdoor enthusiast, the oversized parking area beneath the home is a rare find, providing ample space for large boats. You'll be just steps away from world-class fishing and relaxing boat runs on the Gulf. The best of Cedar Key is right at your doorstep: take a stroll or hop on a golf cart to explore local restaurants, charming shops, the library, the museum, and the nearby small beach. The county fishing pier is just steps away to throw your line for today's catch. If you crave nature, the Cedar Key National Wildlife Refuge is just 20 minutes away, offering incredible hiking and wildlife viewing in your own backyard. This exceptional property features two master suites with private baths, a convenient upstairs full bath, and beautiful hardwood floors throughout. The spacious upstairs living area and large kitchen are perfect for family gatherings, while the dual balconies offer peaceful spots for morning coffee or evening drinks. With its prime downtown location, flexible interior and exterior stair access, and expansive under-home parking for large boats, this home is a rare find—whether you choose to live here year-round or utilize it as a premier income-producing property. Come home to Key Lime Cottage and find yourself in the heart of our island community!