We present an experimental observation of an oscillating Kerr cavity soliton, i.e., a time-periodic oscillating one-dimensional temporally localized structure excited in a driven nonlinear fiber cavity with a Kerr-type nonlinearity. More generally, these oscillations result from a Hopf bifurcation of a (spatially or temporally) localized state in the generic class of driven dissipative systems close to the 1 : 1 resonance tongue. Furthermore, we theoretically analyze dynamical instabilities of the one-dimensional cavity soliton, revealing oscillations and different chaotic states in previously unexplored regions of parameter space. As cavity solitons are closely related to Kerr frequency combs, we expect these dynamical regimes to be highly relevant for the field of microresonator-based frequency combs.