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200/202 NE 205TH STREET

For Sale
$550,000

BTC: 8.56836488

ETH: 311.97885351

48 days
4 bds
4 ba
1,920 sqft

Overview

This is a rare opportunity to own a fully furnished duplex-style condo building in the heart of Suwannee, Florida, with two 2-bedroom, 2-bath units being sold together as one exceptional income-producing property. This property is ideal for vacation rentals, Airbnb use, multi-family living, or as a private coastal retreat, offering both flexibility and strong investment potential. Each unit features a bright, open-concept floor plan that has been thoughtfully designed with a coastal-inspired interior to create a relaxing and inviting atmosphere. From both units, you can enjoy panoramic, unobstructed views across the marsh that stretch all the way to the Gulf of Mexico, providing stunning sunsets and a true Old Florida experience. The property is equipped with a shared outdoor elevator that services the building, offering convenient access for both units and added ease for owners and guests. One side of the building includes a spacious screened-in entertaining area located on the ground level, which is perfect for hosting gatherings, seafood boils, or relaxing after a day on the water. This space also includes a convenient half bath, adding extra functionality to the outdoor living area. The property features elevated construction with covered space below and offers excellent short-term rental potential in a highly sought-after fishing and boating destination. This is a low-maintenance coastal property that presents a unique opportunity to own an entire building in a desirable waterfront community. Suwannee, Florida is a hidden gem located along the Gulf Coast where the Suwannee River meets the Gulf of Mexico. The area is well known for its world-class fishing, boating, and scalloping, as well as its laid-back coastal lifestyle. Outdoor enthusiasts are drawn to the area year-round for its access to natural springs, wildlife refuges, and endless waterways. The property is also conveniently located within a short drive to Chiefland and Trenton for shopping, dining, and everyday conveniences. This property is perfect for anyone looking to expand their real estate investment portfolio or own a piece of Florida’s unspoiled Gulf Coast.

Location

Florida SUWANNEE 32692 For Sale

Details

Type:
Residential
Parking:
Driveway / Under Building
Year Built:
2002
Lot:
0.10 Acres
Heating:
Central / Electric
Price/sqft:
$286
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$1,793
2025
View
Water
Furnished
Furnished
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Driveway

    • Under Building

    Property

    • Levels: Two

    • Exterior Features: French Doors / Lighting

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 3013123285000M0011

    • Zoning: RESID

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • Annual tax amount: $1,794

  • Source details

    • MLS ID: GC540082

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Stilt/On Piling

    • Fireplace Features: Electric

    • Laundry Features: Electric Dryer Hookup / Laundry Closet / Washer Hookup

    • Lot Features: Cleared

    • Patio And Porch Features: Covered / Porch

    • Window Features: Blinds

    • Direction Faces: West

    • Architectural Style: Coastal

    • Fireplace: Yes

    • Living Area: 1920

    • Water Source: Public

    • Subdivision Name: DEMORY HILL

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY