Residential Property - Condominium in Gainesville
Listing Price: $179,000 (Mortgage Calculator →)
Description of Property
Fully furnished 1 Bed/1 Bath condo within half a mile of the University of Florida. Incoming buyer can decide to live at the property upon lease expiration or maintain it as a rental. Currently rented through June 2026 at $1,375/month. Unit was previously used as short term rental before switching to year leases. Gross income when used as short term rental was $28,640 in 2022 and $26,248 in 2021. This is the perfect opportunity for someone looking to live in or own investment property next to campus. Approved for short term rental uses (Airbnb, VRBO, etc.) Private parking lot, parking space provided to owner. Recently updated bathroom, all new flooring, and new kitchen countertops. A/C is 5 years old. Located in the heart of downtown Gainesville directly off University Avenue and across the street from the new Santa Fe Blount Center. Directly downstairs is Karma Cream Coffee Shop, a hair salon, and restaurants. All furniture and washer/dryer included in the sale. See attachments for marketing package and disclosures.
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 677
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Gainesville
County: Alachua
Subdivision: Lofts At West University
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 677
Sq. Ft. Living Area: 677
Cost per (heated) sqare foot: $264
Year built: 2006
Annual Tax: $3,453
HOA Fee: $265 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Maintenance Grounds
Appliances: Washer
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Brick
Foundation: Other
Roof: Other
Exterior Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: Sidewalks
Lot Information
Lot Size (acres): 0.49
Lot Size (sq. ft.): 21,547 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 12936206000
Zoning: PD
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOFTS AT WEST UNIVERSITY AVENUE CONDO BK 8 PG 32 UNIT 206 & AN UNDIV INT COMMON AREA OR 4592/0824
Section: 5
Range: 20
Listing courtesy of BRG REALTY VENTURES. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.