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$183,500
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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. More info here: https://fdem-resmit.my.site.com/servlet/servlet.FileDownload?file=015cr000002gIIk. 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!
Full Property Details
Full Property Details for 7 55th St
General
- Price: $183,500
- Taxes: $2,152 (2023)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC535080
- Updated: 1/7/2026
- Added to Site: 78 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Attic Fan, Ceiling Fan(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
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground, Deck, Solar Cover, Solar Power Pump
- Spa Description: Above Ground
- Security/Safety: Fire Alarm, Security Gate, Security Lights, Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Private Mailbox, Rain Gutters, Storage
- Deck/Patio: Deck, Enclosed, Front Porch, Rear Porch, Screened
- Porch/Patio/Deck: Deck, Enclosed, Front Porch, Rear Porch, Screened
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 34498 - Yankeetown
- County: Levy
- Development Name: 34498 - Yankeetown
- Subdivision: A F KNOTTS LAND COMPANYS 01
- Driving Directions: From HWY 40 W, Turn left onto 55th St. Property is approx. 0.1 mile on the right.
- Direction Faces: East
School Information
- Elementary School: Yankeetown School-LV
- Middle School: Cedar Key High School-LV
- High School: Cedar Key High School-LV
Community
- Community Name: 34498 - Yankeetown
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Heat Pump, Heat Recovery Unit, Solar
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Solar, Water Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Metal
- Windows: Blinds, Double Pane Windows
- Stories/Levels: One
- Square Feet: 884
- Sq. Ft. Source: Public Records
- Year Built: 1972
Additional Structures
- Other Structures: Guest House, Other, Shed(s), Storage, Workshop
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,621
- Lot Size: 29621
- Frontage: Street Dead-End
- Street/Road Desc.: Gravel
- Fencing (Description): Board, Fenced, Wire
Green Features
- Energy Efficient: HVAC, Insulation, Lighting, Pool, Thermostat
- Energy Generation: Solar
- Indoor Air Quality: Air Filters MERV 10+, Moisture Control, No Smoking-Interior Buildg, No/Low VOC Flooring, No/Low VOC Paint/Finish, Ventilation
- Water Conservation: Low-Flow Fixtures
Financial Considerations
- Tax Amount: $2,152.1
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: 05-17-16 YANKEETOWN BLK 15 LOTS 9 10 11 & 12 OR BOOK 1487 PAGE 55
- Flood Zone Info: AE
- APN: 803000000
- Property ID: 803000000
- Block/Lot/Section: 15
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Schools
Schools serving 7 55th St
School District:Levy County School District
| Name | Grades | Distance |
|---|---|---|
Yankeetown School 4500 Highway 40 West, Yankeetown, FL 34498 | PK-8 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 55th St
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$183,500
-5.66%
MLS
12/20/2025
Price Reduced
$194,500
-2.26%
MLS
11/14/2025
Price Reduced
$199,000
-2.93%
MLS
10/30/2025
Listed
$205,000
64%
MLS
3/11/2019
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7 55th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,242
—
$155,213
1%
2024
$2,242
-20%
$153,431
4%
2023
$2,795
15%
$148,190
18%
2021
$2,425
-7%
$125,862
-11%
2022
$2,613
8%
$140,673
41%
2021
$2,425
123%
$100,019
20%
2019
$1,089
27%
$83,533
34%
2018
$856
15%
$62,442
2%
2017
$743
8%
$61,158
2%
2016
$685
-11%
$59,900
1%
2015
$769
—
$59,484
—
2014
$768
-48%
$59,252
-11%
2013
$1,481
—
$66,262
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 55th St
7 55th Street, Yankeetown, FL 34498 (MLS# GC535080) is a Single Family property with 2 bedrooms and 1 full bathroom. 7 55th Street is currently listed for $183,500 and was received on October 30, 2025. Want to learn more about 7 55th Street? Do you have questions about finding other Single Family real estate for sale in Yankeetown? You can browse all Yankeetown real estate or contact a Coldwell Banker agent to request more information.

