#GC521607, Rainbow Young, Listing Office: BOSSHARDT REALTY SERVICES LLC
6816 SW 4th Pl Gainesville, FL 32607
Property details
About 6816 SW 4th Pl
Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
Highlights
Virtual tour
Summary
- MLS Number: O6274431
- MLS Name: MFRMLS
- Office Name: HPL REALTY INVESTMENTS
- Office Phone: (321) 945-2367
- Listing Agent: Moshe Sheffi
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Last updated on: 3/13/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,699,000
6816 SW 4th Pl
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 01, 2022 | Home Sold | $1,500,000 |
Nov 30, 2016 | Home Sold | $195,000 |
Aug 19, 2004 | Home Sold | $640,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $320,178 | $8,006 |
2022 | $289,449 | $5,703 |
2021 | $250,908 | $5,703 |
2019 | $151,250 | $4,334 |
2018 | $157,000 | $3,969 |
2017 | $125,000 | $3,589 |
History based on county public records data.
Nearby schools
3
Myra A. Terwilliger Elementary School
Public District KG-5
0.6 mi
•301 NW 62nd St
7
Hidden Oak Elementary School
Public District KG-5
2.2 mi
•2100 Fort Clarke Blvd
6
Lawton M. Chiles Elementary School
Public District KG-5
2.2 mi
•2525 School House Rd
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 $32,338. The most common annual income of people living in Gainesville, FL is less than $<35k. Most families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 6816 SW 4th Pl in Gainesville, FL and zip code 32607 in the Cedar Ridge neighborhood. This 12,296 square foot home, which was built in 1983, sits on a 0.35 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,699,000.
In February 2025 more than 17 listings in Gainesville, FL were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 84 were sold below. In February 2025 in Gainesville, FL there were 11.2% more homes for sale than in January. The median list price of listings available in February 2025 was $316,141, while the average time on the real estate market was 80 days.