7 55th Street, Yankeetown, FL 34498

$162,500
2
BD
1
BA
884
SqFt

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Sold Price
$162,500
List Price
$170,000
Closing Date
Feb 13, 2026
MLS#
GC535080
Type
Single Family Residential
Property Style
Single Family
Bedrooms
2
Bathrooms
1
Living Area
884
Lot Size
29,621
Subdivision
A F Knotts Land Companys 01
Year Built
1972

Property Description

Move-In Ready Homestead with Guest House and Elevation Perk This flood-resistant concrete block home on 2/3-acre in historic Yankeetown has a very special feature: It’s one of the few Florida homes accepted into the new Elevate Florida program. This transferable program helps owners raise homes in coastal regions above flood zones. It pays up to $220,000, while the owner pays one-fourth or less of the total elevating costs. The owners have completed all of the paperwork through stage 2 of this process, including inspections. Main Home Features: • Completely Updated Interior: Custom waterproof wall panels, elevated GFCI outlets and stucco-protected walls. • Updated Kitchen & Bath: New cabinets, stainless appliances, and updated bathroom with new shower, toilet, and vanity. • Energy-Efficient Systems: Three 12,000 BTU hybrid solar-assisted mini-split systems cool and heat the property, with an average summer electric bill of just $150. • Water Systems: City water with a softener, reverse osmosis filtration, and a 2-year-old septic system (inspected October 2024). • Metal Roof: Durable Galvalume roof with prior wind mitigation and 4-point inspections. Detached Guest House: • 13x30 concrete block structure with metal roof, full kitchen, murphy bed, and updated bath. • Includes laundry hookup, a home theater, private deck and water feature. Additional Features: • Workshop Shed: New 10x16 solar-powered shed with flood vents and concrete anchorage. • Solar Energy: Independent solar panel arrays total 3,700 watts, none attached to the home’s roof, preserving insurance rates. • Outdoor Amenities: 20x20 galvanized carport, fully fenced yard, buried irrigation, above-ground pool with solar filtration, and low-maintenance rock garden. Edible Landscaping: The property boasts mature fruit trees (orange, grapefruit, olive, and mulberry), and pecan trees, plus elderberry, grapes, and figs. Prime Location: A few blocks from the Withlacoochee River boat launch, post office, library, and women’s club. Yankeetown’s quaint charm includes annual events, a local elementary school, and proximity to world-class kayaking and fishing. *•*•* Current flood insurance is assumable, providing peace of mind and affordability for new owners *•*•* Historic Yankeetown: A peaceful village with vibrant community life and rich history, including its Elvis Presley connection during the filming of Follow That Dream. This unique property blends Old Florida charm with modern upgrades. Schedule your showing today!

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Block, Stucco
Style
One Story
Interior
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
Appliances
Electric Water Heater, Kitchen Reverse Osmosis System, Range, Refrigerator, Water Softener
Exterior
Lighting, Private Mailbox, Rain Gutters, Storage
Roof
Metal
High School
Cedar Key High School-LV
Middle School
Cedar Key High School-Lv
Elementary School
Yankeetown School-Lv
Located Near
City Limits, Level, Oversized Lot, Street Dead-End
Utilities
BB/HS Internet Available, Electricity Connected, Water Connected
Floor
Ceramic Tile
Heating
Heat Pump, Heat Recovery Unit, Solar
Cooling
Mini-Split Unit(s), Attic Fan
Pool
Yes
Pool Type
Private

Listing courtesy of PROPERTUNITY REAL ESTATE PROS. Selling Office: PROPERTUNITY REAL ESTATE PROS.

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