1719 NW 23rd Ave, Gainesville, FL 32605

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $245 per day and long-term for an average of $1,784 per month, based on similar listings in the area. Estimated short-term cap rate of 9.9%. Estimated long-term cap rate of 1.8%. This beautiful Gaineswood condo faces the forest canopy with southern exposure, and features numerous amenities. Upgrades in this 1558 sq ft 3 bedroom/2 bath condo include hardwood maple flooring, new insulated tempered glass windows and doors throughout, recent HVAC improvements, and a new water heater. The purchaser has the option of purchasing a coveted garage (one of only 20 for a 70-unit complex), for the additional price of $32,000. The garage is located in the most desirable covered area of the building. Gaineswood is a must-see Mid-century modern gated community. This condo is conveniently located on the 3rd floor, allowing easy access by stairs or elevator, with treetop views from two private balconies. Gaineswood amenities include atriums with koi ponds; clubhouse with swimming pool and tennis court; an art studio and workshop. Monthly HOA fee includes water, sewer, trash pick-up, pest control, reserve funds, maintenance and insurance. Gaineswood features all-concrete construction and has completed all required structural inspections and reserves studies. Gaineswood is located close to shops, UF, downtown, walking trails, Ring Park and bus lines. Please note the monthly fee foe the condo is $719/mo, and the fee for the garage is $43/mo.