200/202 NE 205TH STREET Suwannee, FL $ 550,000
200/202 NE 205TH STREET
$ 550,000
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200/202 NE 205TH STREET

Suwannee, FL, 32692
$ 550,000
Bedrooms4 Baths4.1 Sq 1,920

Monthly Estimate*

$ 3,386

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Apartment for sale in Suwannee, FL

for $550,000 with 4 bedrooms and 4 full baths, 1 half bath. This 1,920 square foot apartment was built in 2002 on a lot size of 0.1.

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.

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Apartment Active

Price

$ 550,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Apartment

Taxes

$ 1,793

Style

Coastal

Lot Size

0.1

Year Built

2002

Town/City

Suwannee

County/Region

Dixie

MLS | Web ID

GC540082

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities BB/HS Internet Available
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Microwave Range Range Hood Refrigerator
Zoning RESID
Patio/Porch Features Covered Porch
Architectural Style Coastal
Construction Materials Vinyl Siding
Year Built 2002
View Water
Levels Two
Property Subtype 1/2 Duplex
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 30-13-12-3285-000M-0010
County Dixie
New Construction false
Property Type Residential
Subdivision Name DEMORY HILL
Facing Direction West
Garage Y/N false
Total Rooms 3
Full Baths 4
Status Active
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.
City SUWANNEE
Senior Community Y/N false
MLS Area 32692 - Suwannee
Lot Size Units Square Feet
Lot Size Square Feet 4356
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 1793.6
Property Condition Completed
Additional Parcels Y/N true
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC540082
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 1
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
Water View Gulf/Ocean - Full
Water Access Y/N false
Water View Y/N true
Flood Zone Code VE
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Kitchen/Family Room Combo Living Room/Dining Room Combo
Flooring Luxury Vinyl Tile
Furnished Y/N Furnished
Fireplace Features Electric
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup Laundry Closet Washer Hookup
Total Bedrooms 4
Total Baths 5
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Exterior
Exterior Amenities French Doors Lighting
Parking Features Driveway Under Building
Lot Features Cleared
Water Source Public
Lot Size Area 4356
Foundation Details Stilt/On Piling
Building Area Total 2456
Lot Size Acres 0.1
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Number of Lots 2
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* Excluded Features
List By
United Country Smith & Associates - Newberry

Broker

bradsmith@ucsmith.com

Email

Affordability Calculator

$3,536
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$550,000 Listed Price

Map


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200/202 NE 205TH STREET, Suwannee, FL, 32692 is a Apartment for sale at $550,000 with 1,920 sqft and a lot size of 0.1. 200/202 NE 205TH STREET has 4 bedrooms, 4.1 baths, and was built in 2002. The property's zip code is 32692 which is in Suwannee, FL