Half Duplex at 200/202 NE 205TH ST, SUWANNEE
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$550,000

200/202 NE 205TH ST
SUWANNEE, FL 32692
Listed by Brad Smith · UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Bedrooms
4
Bathrooms
4.5
Living area
1,920 sqft
Year built
2002

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.

Highlights

Fireplace

Property details

MLS
Stellar MLS
MLS #
MFRGC540082
Property type
Half Duplex
Subdivision
DEMORY HILL
Status
Active
Days on market
N/A
On market date
May 5, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1 acres
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Walkability

Blended score for SUWANNEE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

8
Very car-dependent
out of 100
EPA National Walkability Index
2.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

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Est. monthly payment
$3,462/mo
$110,000 down
$440,000 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated May 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.