#GC526490, April Strickland, Listing Office: GOLDEN RULE REAL ESTATE AND PROPERTY MANAGEMENT
TBD SE 9th St Gainesville, FL 32601
Property details
About TBD SE 9th St
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.
Highlights
Virtual tour
Summary
- MLS Number: GC523808
- MLS Name: MFRMLS
- Office Name: SAGE REAL ESTATE
- Office Phone: (352) 219-2033
- Listing Agent: Megan Atwater
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Last updated on: 3/14/2025, 9:20:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
TBD SE 9th St
$4,738
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Caring & Sharing Learning School
Public Charter PK-6
0.4 mi
•1951 SE 4th St
4
Joseph Williams Elementary School
Public Magnet KG-5
0.6 mi
•1245 SE 7th Ave
4
Idylwild Elementary School
Public District KG-5
1.5 mi
•1700 SE 35th Ave
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 $30,000. Most Gainesville, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About TBD SE 9th St
This home is located at TBD SE 9th St in Gainesville, FL and zip code 32601 in the Southeast Gainesville neighborhood. This 1,584 square foot home, which was built in 2025, sits on a 0.06 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $399,000.
In February 2025, from all listings sold in Gainesville, FL there were more than 17 sold above asking price, over 84 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Gainesville, FL between January and February 2025 increased by 11.2%. 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.