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Key Details
Sold Price $515,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,768 sqft
Price per Sqft $186
Subdivision Forest Park Sub
MLS Listing ID GC539342
Sold Date 08/18/26
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1947
Annual Tax Amount $8,985
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Exceptional investment opportunity just blocks from the University of Florida. This 5-bedroom, 3-bathroom property is perfectly positioned for consistent rental demand and long-term appreciation in one of Gainesville's most sought-after locations. Currently leased at $4,000/month through July 2027, this property offers immediate, stable cash flow with minimal downtime—making it an ideal turnkey addition to any portfolio. The home features a spacious layout with a combined living and dining area, a functional kitchen, and durable tile flooring throughout for low maintenance. Situated on over a quarter-acre lot, the property provides ample outdoor space—an added bonus for tenants in this high-demand area. A garage conversion completed in 2020 expanded the home to include an additional bedroom and bathroom, maximizing rental potential and overall value. Whether you're looking to secure steady income or own a prime piece of property near campus, this is a rare opportunity to invest in a location that consistently performs.
Location
State FL
County Alachua
Community Forest Park Sub
Area 32603 - Gainesville
Zoning RSF1
Interior
Interior Features Ninguno
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Other
Utilities Available Public
View Y/N No
Water Access No
Roof Type Shingle
Exposure South
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Brick,HardiPlank Type
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Angela Stewart STEWART REALTY & MANAGEMENT, LLC
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Valerie Dailey
Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790
Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790