Back to Search
TBD SE 9th St
For Sale $399,000 ($251.89 per Sq Ft)
$399,000 ($251.89 per Sq Ft)
- 4 Bedrooms
- 4 Bathrooms
- 1,584 Sq Ft
- 2,500 Sq Ft
Description
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.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $399,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,584 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 12223001001 |
| MLS # | GC523808 |
| Property ID | 320761342 |
| Lot Sqft | 2,500 |
| Zoning | U3 |
| Days on Market | 157 |
| Original List Price | $399,000 |
| Applicances | Dishwasher, Disposal, Range, Range Hood, Refrigerator% |
| Date Updated | August 27, 2024 |
| Date Created | August 14, 2024 |
Listing Provided By
Megan Atwater an agent of . Lic #3407654
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of August 27, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT