GAINESVILLE, FL 32601 TBD SE 9TH STREET

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Presented By: SAGE REAL ESTATE with 352-219-2033. - 352-219-2033
  • MLS# GC523808
  • 08/14/2024
  • Request Tour
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  • Beds • 4
  • Baths • 4
  • SQFT • 1,584

Home Details

Pre-Construction. To be built. For more than a decade, Eastwood Construction has been Gainesville’s top developer of new homes walkable to the University of Florida and Downtown with a proven track record of building more than 100 profitable rental properties. With four bedrooms and four bathrooms, this model brings in $3400-$3500 per month in rental income and is centrally located biking distance to the University of Florida and Downtown Gainesville. This property is part of the first phase of development in this area, with more than 30 homes of similar quality planned, presenting a unique opportunity to invest in one of Gainesville’s most promising neighborhoods. This particular lot will allow for ample off street parking with a strategically placed parking area and has a large green space in the rear of the property that provides for a peaceful and natural backyard. The 4/4 floor plan presents a CAP rate at 7.4% with a levereged return at almost 11% after all debts and management fees. No HOA or local restrictions make this an ideal short or long-term rental. Optional add-ons for detached apartment are a possibility. This home is being sold pre-construction and can be completed in 8 months making it an ideal investment for Fall 2025. Photos are of a previously constructed property of similar quality and layout.
Presented By: SAGE REAL ESTATE with 352-219-2033. - 352-219-2033

Interior Features for TBD SE 9TH STREET

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

LivingAreaSourcebuilder
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringlaminate
Heating Y/NYes
Interior Amenitiesceiling fan(s), l dining
Laundry Featureslaundry closet

General for TBD SE 9TH STREET

Additional Parcels Y/NNo
Appliancesdishwasher, disposal, range, range hood, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialscement siding, wood frame
Coolingcentral air
Countyalachua
Directionshead east from university ave and main street on university ave. take a left (south) onto se 9th street. property will be on the left.
Facing Directionwest
Flood Zone Codex
Flood Zone Code XY
Full Baths4
Garage Y/NNo
HOANo
Heatingcentral, electric
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionsouth 1/2 of the 50 foot former right-of-way of a street lying adjacent to lot 11, block 2 of mcdowall's addition to the city of gainesville, fla, according to the plat thereof, as recorded in plat boo
Levelstwo
Living Area Unitssquare feet
Lot Size Square Feet2500
Lot Size Unitssquare feet
MLS Area32601 - gainesville
Minimum Leaseno minimum
ModificationTimestamp2024-08-27t17:24:46.390z
New ConstructionYes
Occupancy Typevacant
Ownershipfee simple
Property Conditionpre-construction
Property Subtypesingle family residence
Property Typeresidential
Roofshingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namemcdowall's
Tax Annual Amount297
Tax Lot11
Tax Year2023
Total Rooms3
Utilitiescable connected, electricity connected, natural gas connected, phone available, public, sewer connected, street lights, underground utilities, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2025
Zoningu3

Exterior for TBD SE 9TH STREET

Building Area Total1644
Exterior Amenitiesgarden, lighting, private mailbox, sidewalk
Foundation Detailsstem wall
Lot Size Acres0.06
Lot Size Area2500
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Andre LaFountain

Realtor / Coach
Price $399,000
MLS#GC523808
List Date 08/14/2024
Property Type Single Family
Phone 518.569.7173
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Location
  • Babcock Ranch