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200/202 NE 205TH ST,  SUWANNEE, FL 32692

MLS# GC540082.  4 beds.  4.5 baths.  Half Duplex.  Active

$1,794 in taxes (2025)

$550,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY ((352-463-7770))
  • Listing Agent: Brad Smith ((352-221-5256))
  • Days on yellowkey: 18
  • Property Type: Half Duplex
  • Beds: 4
  • Baths: 4.5
  • Living Area Square Feet: 1920
  • Built 2002
  • Taxes: $1,794 (2025)
  • Garage Spaces: ()
  • Square Feet: 2456
  • Fees: $0
  • Dixie County
  • Terms: Cash, Conventional
  • Subdivision Info:
  • Occupancy Information: Vacant
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  • Subdivision Name: DEMORY HILL
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  • Parking Description: Driveway, Basement
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  • View:Water
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/5/2026Sale18GC540082listed for sale$550,000-223.9413MLS




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