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… Read More 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. Read Less
Courtesy of SAGE REAL ESTATE 352-219-2033
Listing Snapshot
Days Online
149
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
4
Square Ft.
1,584
Lot Size
0.06 Acres
Year Built
2025
MLS Number
GC523808
30 Days Snapshot Of 32601
$385k
+53%
(avg) sold price
8
+100%
homes sold
42
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 147.16, Room Count: 3, Building Area Total: 1644, Building Area Units: Square Feet, Construction Materials: "Cement Siding", "Wood Frame", Direction Faces: West, Levels: "Two", Living Area: 1584, Year Built: 2025
Lot
Lot Size Square Meters: 232, Total Acreage: 0 to less than 1/4, 0.06 acres, 2500 square feet
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