6816 SW 4th Place
GAINESVILLE, FL 32607
- – beds
- – baths
- 12,296 sqft
- 15,246 sqft lot
- $138 per sqft
- 1983 build
- – on site
Under contract-accepting backup offers. Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
Last checked:
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Last updated Apr 7, 2025
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MLS# O6274431 —
The Building
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Year Built:1983
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New Construction:false
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Construction Materials:Block
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Roof:Shingle
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Foundation Details:Slab
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# of Buildings:2
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Fireplace:false
Room Dimensions
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Living Area:12296
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Turnpike North on I-75 north, Take Exit 26 to W Newberry Rd, take left(W) left on NW75 St, Left on SW8th Ave the Left on SW 67 terrace and Left on SW 4th Place.
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Latitude:29.648858
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Longitude:-82.415487
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Coordinates:-82.415487, 29.648858
The Property
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Parcel Number:06655070005
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:0.35
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Lot Size Area:15246
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Lot Size SqFt:15246
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Lot Size Units:Square Feet
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Total Acres:1/2 to less than 1
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Zoning:R-3
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12001C0293E
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Additional Parcels:true
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Additional Parcels Description:06655-070-009
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (321) 945-2367
- Office phone:
- (407) 440-4032
Taxes
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Tax Year:2023
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Tax Lot:5
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Tax Legal Description:CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 4478/1237
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Tax Book Number:M-19
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Tax Annual Amount:$15,405
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/O6274431
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Laundry Closet
The Community
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Subdivision Name:CEDAR RIDGE VILLAS
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:16
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/25
Mar 29, 2025
|
Pending | STELLAR_MLS | $1,699,000 | |
2/13/25
Feb 13, 2025
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Relisted | STELLAR_MLS | $1,699,000 | |
2/6/25
Feb 6, 2025
|
Pending | STELLAR_MLS | $1,699,000 |