200/202 NE 205TH STREET at

200/202 NE 205TH STREET

For sale Days on market 154

$550,000

$286/sq ft

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Overview

Bedroom

Bath

Year Built

2002

Sqft

1920

Property Type

1/2 Duplex

Property 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 Details

MLS#

GC540082

Total Floor in Bldg

Address

200/202 205TH NE

City

SUWANNEE

State/county

Zip/Postal Code

32692

Area

Demory Hill

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,793

Maint Fee

$--

Tax Year

2025

Dishwasher

Microwave

Range

Range Hood

Refrigerator

Water

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