Active

$550,000

Features:
  • 4 Bedrooms
  • 5 Bathrooms
  • 1920 sq ft
Overview
  • ID: MFRGC540082
  • Bedrooms: 4
  • Bathrooms: 5
  • Size: 1920 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$550,000
HOA Fee:
N/A
Tax Amount:
$1793.6
Price per SqFt:
$286.46
Tax 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
Exterior Features
Lot Size:
4356
Lot Features:
Cleared
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Basement
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
5
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl, Tile
Levels:
Two
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
2002
Construction Type:
Vinyl Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
French Doors, Lighting
Additional Features 2:
N/A
Map
  • Address
    200/202 NE 205TH ST
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