2404 SW 31st Pl Gainesville, FL 32608
Property details
About 2404 SW 31st Pl
This updated 2-Bedroom Multifamily Unit is a standout opportunity for investors seeking strong cash flow and long-term appreciation. Fully rent-ready, the unit features new flooring, fresh interior paint, a modern kitchen with updated appliances, a stylishly renovated bathroom, and a brand-new washer and dryer. The property is ideally located just 1.8 miles—or a quick 5-minute drive—from the University of Florida, placing it squarely in the path of strong, year-round rental demand. It’s also just 6 minutes from the Florida Museum of Natural History and close to major retail hubs, including Publix, Walmart, and The Oaks Mall. This location ensures convenience for tenants and adds to the property's long-term rental appeal. Operationally, this asset is investor-friendly. All units are separately metered, and tenants are responsible for their own utilities—including water, sewer, and trash—keeping your expenses low and margins healthy. Most of the building's units have been similarly updated, which minimizes future capital expenditures and supports tenant satisfaction and retention. For serious investors looking to expand their portfolio with a low-maintenance, high-demand rental in a growth market, this property offers both immediate income and future upside.
Highlights
Virtual tour
Summary
- Flooring Type: Vinyl
- Interior: Thermostat
- Total Bedroom Count: 16
- Private Pool: No
- Exterior: Other
- Heating: Central
- Cooling: Central Air
- List Price: $825,000
- Price/SqFt: $134
- HOA Amount: $166 Monthly
- Annual Tax Amount: $7,527
- Tax Year: 2023
- Directions: Take I-75 and exit at 385B if you're heading south, or exit 384 if you're coming from the north. From Exit 385B, head west on Archer Road (SR 24) for about 2.5 miles, then turn left onto SW 31st Place. If you're exiting from 384 heading north, go east on Archer Road for about 1.8 miles and turn right onto SW 31st Place. Continue for about 0.2 miles and the property will be on your left.
- Year Built: 1981
- Living Area: 6,150 SqFt
- Lot Size: 0.2 Acres
- MLS Number: O6317305
- MLS Name: MFRMLS
- Office Name: LPT REALTY, LLC
- Office Phone: (877) 366-2213
- Listing Agent: Tyler Gibson LLC
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 25, 2024 | Home Sold | $930,000 |
| Nov 02, 2022 | Home Sold | $699,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $305,922 | $7,527 |
| 2022 | $258,262 | $4,903 |
| 2021 | $227,282 | $4,903 |
History based on county public records data.
Nearby schools
7
Expressions Learning Arts Academy
Public Charter KG-5
1.7 mi
•5408 SW 13th St
4
Carolyn Beatrice Parker Elementary School
Public District KG-5
2.3 mi
•1912 NW 5th Ave
5
Caring & Sharing Learning School
Public Charter PK-6
2.6 mi
•1951 SE 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,500. Residents of Gainesville, FL typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Soccer
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Cicis Pizza
What do the neighbors drive?
Pontiac
Mazda
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
Frequently asked questions
About 2404 SW 31st Pl
The listing price of 2404 SW 31st Pl property is $825,000.
The property 2404 SW 31st Pl is a multi located in Gainesville, Florida, 32608.
Active Listing: 2404 SW 31st Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2404 SW 31st Pl are: Expressions Learning Arts Academy (GreatSchools Rating 7/10), Carolyn Beatrice Parker Elementary School (GreatSchools Rating 4/10), Caring & Sharing Learning School (GreatSchools Rating 5/10), Westwood Middle School (GreatSchools Rating 3/10), The Einstein School Inc. (GreatSchools Rating 1/10), Abraham Lincoln Middle School (GreatSchools Rating 6/10), P.K. Yonge Developmental Research School (GreatSchools Rating 8/10), A. Quinn Jones/Exceptional Student Center (GreatSchools Rating 1/10), Gainesville High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $7,527 (source: MLS/based on county public records data).
The last sale was on January 25, 2024 for $930,000 (source: MLS/tax record).
The property 2404 SW 31st Pl is 6,150 SqFt (source: MLS/tax record).
The year of construction for 2404 SW 31st Pl is 1981.
This home is located at 2404 SW 31st Pl in Gainesville, FL and zip code 32608 in the Southwest Gainesville neighborhood. This 6,150 square foot home, which was built in 1981, sits on a 0.20 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $825,000.
Gainesville, FL housing market in June 2025 saw over 20 listings sold above listed price, more than 58 sold at listed price and over 179 sold below. In June 2025 in Gainesville, FL there were 5.3% less homes for sale than in May. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $320,487.