Residential Property - Condominium in Gainesville
Listing Price: $132,900 (Mortgage Calculator →)
Description of Property
CALLING ALL INVESTORS! Start generating passive income immediately. This fully leased 1 bed / 1 bath condo is under professional management and leased through July 31, 2026, offering a truly hands-free investment. Located just steps from UF Health Shands Hospital, the UF Dental and Vet Schools, and the VA Hospital, this unit provides unbeatable convenience for tenants. Inside, you'll find a spacious, open-concept living room and kitchen with tile flooring, and a generously sized bedroom upgraded with luxury vinyl plank flooring with no carpet. The community includes a pool, on-site laundry, and is conveniently located on a direct bus route to UF and Butler Plaza. Walk to Shands, or bike and scooter easily to campus. This location is in high demand. Don’t miss this opportunity to own a cash-flowing property in one of Gainesville’s most desirable rental areas.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: Gainesville
County: Alachua
Subdivision: Summit House
Bedrooms: 1
Bathrooms: 1
Sq. Ft. Gross: 642
Sq. Ft. Living Area: 642
Cost per (heated) sqare foot: $207
Year built: 1987
Annual Tax: $2,145
Condo Fee: $240 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Refrigerator
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Floors Total: 2
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: Pool
Lot Information
Front Exposure: East
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 15486412006
Zoning: MULTI-FAM
Pets Allowed/Pet Policies: Cats OK
Tax Legal Desc.: SUMMIT HOUSE CONDOMINIUM OR 1619/925 UNIT L-6 & AN UNDIV INT IN COMMON ELEMENTS OR 3444/0476
Section: 7
Range: 20
Listing courtesy of UNIVERSITY REALTY. 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.