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

$550,0004 Beds5 Baths1,920 Sq. Ft.$286 / sq. ft.

SUWANNEE, FL 32692 · MLS# GC540082 · Active · DEMORY HILL

Status
Active
Type
1/2 Duplex
Year Built
2002
Days on Market
1
Lot Size
4,356 sqft
MLS #
GC540082
County
Dixie

Description of 200/202 NE 205TH STREET, SUWANNEE, FL 32692

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 for 200/202 NE 205TH STREET, SUWANNEE, FL 32692

Bathrooms Full
4
Bathrooms Half
1
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
Appliances
Dishwasher, Microwave, Range, Range Hood, Refrigerator
Flooring
Luxury Vinyl, Tile
Heating
Central, Electric
Cooling
Central Air
Furnished
Furnished
Architectural Style
Coastal
Parking Features
Driveway, Under Building
Pool Private
No
Property Condition
Completed
Direction Faces
West

Building Information for 200/202 NE 205TH STREET, SUWANNEE, FL 32692

Building Area Total
2456
Building Area Units
Square Feet
Stories Total
1
Association
No

Property Information for 200/202 NE 205TH STREET, SUWANNEE, FL 32692

Lot Features
Cleared
Lot Size Square Feet
4,356
Waterfront
No
View
Water
Construction Materials
Vinyl Siding
Roof
Metal
Exterior Features
French Doors, Lighting
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 200/202 NE 205TH STREET, SUWANNEE, FL 32692

Parcel Number
3013123285000M0011
Tax Annual Amount
$1,794
Tax Year
2025
Tax Legal Description
30 13 12 BG NE CR LOT 1 BLK M DEMORY HILL S/D RN W 300 FT S 124.18 FT TO S R/W LN OF A CRD FOR POB RN S 67D E ALG R/W LN 65.79 FT RN S 29.12 FT RN W 60.92 FT RN N 53.80 FT TO POB OR BK 41 PG 297 ORB 284 P 740 ORB 488 P 95 ORB 488 P 97 ORB 531 P 267 O RB 558 P 76
Zoning
RESID
County Or Parish
Dixie

Payment Calculator

Estimated Payment
$3,206/mo
Principal & Interest
$2,781
Property Taxes
$150
Home Insurance
$275

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

200/202 NE 205TH STREET, SUWANNEE, FL 32692 · See all Suwannee homes for sale

More information about 200/202 NE 205TH STREET, SUWANNEE, FL 32692

200/202 NE 205TH STREET is a 1/2 duplex for sale in SUWANNEE, FL 32692. This property was listed for sale on May 5, 2026 by UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY, it's currently listed at $550,000. This listing's school district is Dixie Public Schools. 200/202 NE 205TH STREET is a 4-bed, 5-bath, 1,920 sqft 1/2 duplex built in 2002.