200/202 NE 205TH STREET, SUWANNEE, FL, 32692
Active98 days on marketListed May 5, 2026MLS #GC540082
About this home
200/202 NE 205TH STREET
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.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
1,920
Sqft
0.1 ac
Lot size
2002
Year built
Two
Levels
$286
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,791 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,791/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Suwannee
Get to know Suwannee. See the full Suwannee guide →
SUWANNEE 32692 — neighborhood snapshot
Population
67
Median age
78.7
Avg household
1.72
For the school run
Dixie County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Suwannee market
$270K → $438K
Suwannee median sold, yr/yr
95.0%
Sale-to-list ratio (12 mo)
Median sold price, Suwannee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 91% above the SUWANNEE 32692 median. See the full Suwannee market guide →
Paper trail
This home's history
Reality check
What actually sold near 200/202 NE 205TH STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$335,000
78 SE 901 AVENUE
3 bd · 2 ba · 1,680 sqft · $199/sqft · 229 DOM
Sold · Nov ’25$242,000
28 NE 229TH STREET
3 bd · 2 ba · 1,212 sqft · $200/sqft · 68 DOM
Sold · Mar ’26$190,000
54 SE 910 AVENUE UNIT 2141
3 bd · 2 ba · 1,161 sqft · $164/sqft · 183 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 200/202 NE 205TH STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 200/202 NE 205TH STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
200/202 NE 205TH STREET FAQs
What would the monthly payment be for 200/202 NE 205TH STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,791/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 200/202 NE 205TH STREET?+
The most recent tax bill on record (2025) was $1,794. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Suwannee?+
At $550,000, this home is listed about 38% above the Suwannee median of $399,000. The market section on this page shows how the area is trending.
Which schools are assigned to 200/202 NE 205TH STREET?+
Dixie County High School (high), James M. Anderson Elementary School (elementary), Old Town Elementary School (elementary) — Dixie County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$550,000 runs 91% above the SUWANNEE 32692 median — but at 1,920 sqft it's also 33% larger than the typical Suwannee listing.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
98 days on market against a Suwannee median of 1 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Dixie County High School, James M. Anderson Elementary School, Old Town Elementary School — Old Town Elementary School rates 4 of 5. Always verify assignments with the district.
Listing courtesy of UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY · Brad Smith. MLS #GC540082.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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