Overview
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.
Virtual Tour
Address
- Street200/202 205TH
- CitySuwannee
- SubdivisionDEMORY HILL
- CountyDixie
- StateFL
- Zip32692
- MLS #GC540082
Interior
- AppliancesDishwasher, Microwave, Range, Range Hood, Refrigerator
- Bathrooms Full4
- Bathrooms Half1
- Bathrooms Total Integer5
- Bedrooms Total4
- CoolingCentral Air
- CoolingYes
- Fireplace FeaturesElectric
- FireplaceYes
- FlooringLuxury Vinyl, Tile
- FurnishedFurnished
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
- Laundry FeaturesElectric Dryer Hookup, Laundry Closet, Washer Hookup
- LevelsTwo
- Living Area1,920
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
- Rooms Total3
- Window FeaturesBlinds
Exterior
Structure
- Architectural StyleCoastal
- Building Area Total2,456
- Construction MaterialsVinyl Siding
- Foundation DetailsStilt/On Piling
- Property ConditionCompleted
- Stories Total1
- Year Built2002
Utilities
- SewerPublic Sewer
- UtilitiesBB/HS Internet Available
- Water SourcePublic
Financial
- Parcel Number3013123285000M0011
- Tax Annual Amount1,794
- Tax BlockM
- Tax Book Number0
- Tax Legal Description30 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
- Tax Lot1
- Tax Year2025
- ZoningRESID
Location
- CountryUnited States
- County Or ParishDixie
- DirectionsFrom 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.
- Latitude29
- Longitude-83
- MLS Area Major32692 - Suwannee
- Postal Code32692
- Street Direction PrefixNE
- Street Name205TH
- Street Number200/202
- Street Number Numeric200
- Street SuffixSTREET
- Subdivision NameDEMORY HILL
- Unparsed Address200/202 NE 205TH STREET
Listing Info
- Contract Status Change DateMay 5, 2026
- Cumulative Days On Market154
- Days On Market154
- List AORGainesville-Alachua
- List Agent AORGainesville-Alachua
- List Agent Emailbradsmith@ucsmith.com
- List Agent Full NameBrad Smith
- List Agent Key73ad80405335bbd9398dccb893e04946
- List Agent MLS ID254000055
- List Agent Preferred Phone352-221-5256
- List Office Key2667c29518fdb9257ec2a7e5fb3bd9d0
- List Office MLS ID259505573
- List Office NameUNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
- List Office Phone352-463-7770
- List Price550,000
- Listing Contract DateMay 5, 2026
- Listing IDGC540082
- Listing Key007fc853dc7d5f50db62a1d100400a63
- Listing TermsCash, Conventional
- MLS StatusActive
- Modification TimestampMay 6, 2026
- On Market DateMay 5, 2026
- Original Entry TimestampMay 5, 2026
- Original List Price550,000
- Originating System Keystellar
- Originating System NameStellar MLS
- OwnershipFee Simple
- Photos Change TimestampMay 5, 2026
- Photos Count48
- Source System Key789665837
- Special Listing ConditionsNone
- Status Change TimestampMay 5, 2026
Features & Amenities
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