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200/202 SE 205th St, Suwannee, FL, 32692

4beds
5baths
1,920sqft
$550,000
$286price/sqft
$3,719/moest. monthly cost
$148,760/yrincome needed

About This Home

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.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

--
Ruth Rains Middle SchoolGrades 5-720.4 mi
2/10
Dixie County High SchoolGrades 8-1220.7 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Coastal
  • Roof: Metal
  • Construction materials: Vinyl Siding,Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave Hood,Electric Range,Range Hood,Refrigerator
  • Laundry features: Laundry Room,W/D Hookups

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Ceiling Fan(s),Elevator,Fireplace,Laminate Counters,Wood Cabinets
  • Door features: French Doors
  • Window features: Double Pane Windows,Blinds
  • Flooring: Luxury Vinyl Planking,Tile
  • Fireplace features: Electric
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Master Bathroom

  • Features: Combo Tub & Shower,Walk-in Shower

Master Bedroom

  • Features: 2 Master Suites

Property

Details

  • Parcel number: 3013123285000M0011

Features

  • Levels: 2+ Story
  • Patio & porch: Porch
  • Exterior features: Balcony
  • Topography of land: Level
  • Residential vegetation: Grassed

Lot

  • Features: Multiple Lots,Square

Parking

  • Parking features: Driveway,Under House,Asphalt,Concrete
  • Has uncovered spaces: Yes