$550,000

200/202 NE 205th Street Suwannee, FL 32692 Residential - Active

  • 200/202 NE 205th Street , Suwannee, FL 32692 Main Photo

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Description

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.

Property Highlights

Property Type: Residential -
Cooling: Central Air
Heating: Central, Electric
Home Style: Coastal
Lot Size: 0.10 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $1,793
Year Built: 2002

General Information

Bedrooms: 4
Bathrooms: 4 Full 1 Half
Sqft: 1,920
County: Dixie
Subdivision: DEMORY HILL
Listed By:
Brad Smith UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY 352-463-7770

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Living Room/Dining Room Combo
French Doors
Lighting

Property Features

Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
Directions: From Old Town, Head south on SE 349 Hwy, Once you get to Suwannee, Turn left onto SE 205th St, Property will be on your right hand side. Look for the UNITED COUNTRY SMITH AND ASSOCIATES signs.
Exterior: Vinyl Siding
Fireplace: Electric
Fireplace Y/N: Yes
Flood Zone Code: VE
Flooring: Luxury Vinyl, Tile
Foundation: Stilt/On Piling
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Cleared
Lot Dimensions: 0.1
Ownership: Fee Simple
Parking: Driveway, Basement
Parking Notes: Driveway, Basement
Patio/Porch: Covered, Porch
Property Attached Y/N: No
Property Sub-Type: Half Duplex
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available
Water: Public
Water Access Y/N: No
Water View: Gulf/Ocean - Full
Windows: Blinds
Zoning: RESID
$550,000
4beds
4.5baths
1,920sqft
New to the Market Active
BEDS4 BATHS4 full 1 partial SQUARE FEET1,920 MLS#GC540082
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONDEMORY HILL

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200/202 NE 205th Street , Suwannee, FL 32692.

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Estimated Payment

$ 2,164.89 per month $1,855.06 Principal & Interest $149.42 Property Tax $160.42 Homeowner's Insurance

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