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

$550,000
  • 200/202 NE 205th Street , Suwannee, FL 32692 Main Photo

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New to the Market Active
BEDS4 BATHS4 full 1 partial SQUARE FEET1,920 MLS#GC540082
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONDEMORY HILL

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.

200/202 NE 205th Street | MLS# GC540082

This home located at 200/202 NE 205th Street , Suwannee, FL 32692 is currently listed for sale with an asking price of $550,000. This property was built in 2002 and has 4 bedrooms and 4 full and 1 partial baths with 1920 sq. ft. 200/202 NE 205th Street is located in the DEMORY HILL subdivision. Search DEMORY HILL real estate on www.realtymark.net today.

Property Features

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

Amenities

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

Feature Descriptions

Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator
Days on Site: 1
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

Listed By / Shown By

Listed By

Agency Name: UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Agency Contact: 352-463-7770

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0400

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Estimated Payment

$ 1,533.89 per month $1,224.06 Principal & Interest $149.42 Property Tax $160.42 Homeowner's Insurance

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