200/202 SE 205th St, Suwannee, FL, 32692
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
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Inland Flooding
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Dixie County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,781 | $33,372 |
| Home Insurance * | $466 | $5,592 |
| Property Taxes | $275 | $3,300 |
| Electricity | $197 | $2,366 |
| Total | $3,719 | $44,628 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $550,000 |
View on Zillow