200/202 NE 205TH ST

$550,000

4Bedrooms
5Bathrooms
1,920Sq Ft
2002Year Built
N/AGarage
0Days on Market
0.1 acLot Size

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.

Facts & Features

MLS #
MFRGC540082
PRICE
$550,000
STATUS
Active
BEDROOMS
4
BATHROOMS
5
FULL BATHS
4
HALF BATHS
1
SQUARE FOOTAGE
1,920 sqft
ACRES
0.1
YEAR BUILT
2002
TYPE
Half Duplex
STYLE
Coastal

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
Coastal
CONSTRUCTION
Vinyl Siding
FOUNDATION
Stilt/On Piling
ROOF
Metal
FENCING
N/A
LOT DESCRIPTION
Cleared

Additional Information

DATE LISTED
May 5, 2026
DAYS ON MARKET
0
ZONING
RESID
DIRECTION FACES
West
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
200/202 NE 205TH ST
SUBDIVISION
Demory Hill
CITY
Suwannee
COUNTY
Dixie
STATE
FL
ZIP CODE
32692
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Kitchen/Family Room Combo
HEATING
Central, Electric
COOLING
Central Air
FLOORING
Tile, Luxury Vinyl
FIREPLACE
Electric
STORIES
1
APPLIANCES
Dishwasher, Microwave, Refrigerator, Range, Range Hood

School Information

DISTRICT
N/A
ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Location

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