Off-Market Condo at 2515 SW 35th Pl, Gainesville, FL 32608
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,892 per month, based on comparable local listings. Estimated long-term cap rate of 0.9%. UPPER FLOOR 3 bed/3.5 bath LOFT-STYLE condo close to the University of Florida, UF Health Shands Hospital, and shopping! This two-story unit offers a modern industrial feel with high ceilings, huge windows, exposed ductwork, and an open living space. The upgraded kitchen features granite countertops, a pantry, and a breakfast bar with pendant lighting that flows into the living area. The furnished condo has NO CARPET, with durable flooring throughout. Downstairs includes one bedroom with an en-suite bathroom, plus a half bathroom for guests. Upstairs features two more bedrooms and two bathrooms, with one bedroom designed as an open loft overlooking the main living space. The community offers an elevator and convenient access to bus routes to UF and Shands Hospital!

Property Information
Monthly Rent
$1,892
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$4082
Bedrooms
3
Bathrooms
4
SQFT
1,400
Furnished
N/A
Year built
2007
Listing Status
Off Market
MLS
GC528118

Long-term Rental Potential
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$22,704

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,892/mo

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