Condos For Sale In Gainesville, FL

Condos in Gainesville is currently a favorable market for real estate buyers, with a median sale price of $172K and prices trending downward. Condos for sale in Gainesville tend to spend an average of 46 days listed before going pending and they tend to sell at or just below the list price. This suggests that the market is relatively stable, with steady demand and a good supply of available units. 

Most condos for sale in Gainesville, FL, are low to mid-rise buildings built prior to 1999. However, several newer condo buildings in the city offer more modern amenities and finishes.

One interesting aspect of the Gainesville condo market is the high proportion of rentals. Rentals outstrip ownership in the city, with 65% of condos being rented out and only 34% being owner-occupied. This may make Gainesville an attractive market for investors looking to purchase rental properties. 

Gainesville is a large city with many different neighborhoods. Some of the most well-known neighborhoods in Gainesville include College Park, which is home to the University of Florida, and Downtown Gainesville, which is the city's commercial and cultural center. Other popular neighborhoods for condo buyers in Gainesville include Haile Plantation, The Moorings, and the Swamp.

The Palms Condominiums is a two-bedroom, two-bathroom condo complex located in downtown Gainesville. The Gainesville condos for sale in this complex range in size from 1,097 to 1,266 square feet, and the complex was built in 2008. Amenities at The Palms include a gated entrance with a parking garage, and a swimming pool, not to mention its convenient location in Downtown Gainesville.

Located just off I-75 in Gainesville, Hailey Forest is a luxury new-construction condo community. The Gainesville condos for sale in Hailey Forest range in size from 1,140 to 1,430 square feet and have two or three bedrooms. Prices for units in this complex start at $299K. Amenities at Hailey Forest include an onsite dog park and a convenient location near I-75.

Windsor Park is a condo complex located close to the University of Florida in Gainesville. The condos for sale in Windsor Park range in size from 600 to just under 2,000 square feet and have one-to-three bedrooms. The median price for units in this complex is $180K. Amenities at Windsor Park include resort-style commodities such as a fitness center, tennis courts, and a volleyball court, as well as internet and cable included in the monthly condo association fees.

Chase Hollow is an affordable condo community located close to Shands and the VA Hospital in Gainesville. The condos for sale in Chase Hollow range in size from 1,150 to 1,250 square feet and have two-to-three bedrooms. Prices for units in this complex range from $102K to $229K. Chase Hollow is convenient to major nearby bus lines and was built between 2007 and 2009.

Some of the new condos for sale in Gainesville are situated in buildings or complexes that have stellar amenities; almost all of them will have a pool, exercise center, and even dining options. While a certain proportion of the condo communities in Gainesville are a little older and may lack some of the modern amenities you are looking for, most have pools as well as total outdoor maintenance covered by your HOA fees. 

That doesn't mean you should disregard them because of their long history, they are established, have long-time residents, and prices may even be a bit cheaper. To be sure you’re buying the right condo in Gainesville for your needs we recommend you hire an experienced real estate agent.

The tallest condo building in Gainesville is not exclusively a condominium community. The Seagle Building is in Downtown Gainesville, and only the top four floors are residential. These condos are all privately owned, while floors one to six are commercial spaces. The Seagle Building was built in 1937 and stands 160 feet tall with 11 total floors.

There are two new communities of condos for sale in Gainesville: Emerson and Tara West End. Emerson is a low-rise condo community that has recently been completed by Emerson Construction. The buildings in this community are low-rise, offering a more relaxed and intimate living environment.

Tara West End is another new condo community in Gainesville that is still under construction. This community features 2-story buildings with luxury finishes, providing a more upscale and sophisticated living experience.

Moving to condos for sale in Gainesville is a great for many reasons. It is a vibrant and diverse community with a strong economy, a thriving arts and culture scene, and a wealth of recreational opportunities for condo owners in Gainesville. The city is also known for its beautiful parks and natural areas, such as the Kanapaha Botanical Gardens and the Devil's Millhopper Geological State Park. Overall, Gainesville is a great place to live, work, and have fun. 

Gainesville is a relatively walkable city, with several sidewalks and pedestrian-friendly areas. If you’re considering buying condos for sale in Gainesville, the downtown area is particularly walkable, with a compact layout and a mix of office spaces, shops, restaurants, and other businesses. The University of Florida campus is also pedestrian-friendly, with many sidewalks and bike paths throughout the campus. However, some areas of Gainesville may be less walkable, with larger roads and more spread-out development.

The median household income for Gainesville is $40,937 and this, in combination with a low cost of living and easy access to amenities, makes this median income a very livable wage for singles or couples owning condos for sale in Gainesville. If you have children or a larger family, you may want to have a slightly higher salary, but $40,937 is very livable.

Residents of Gainesville condos for sale can enjoy its many parks and natural areas, as well as its cultural attractions, including the Florida Museum of Natural History and the Harn Museum of Art. The city is also home to the University of Florida, one of the largest public universities in the United States. 

Gainesville has a vibrant art and music scene and is a popular destination for outdoor enthusiasts. Due to the younger population, the nightlife and restaurant and bar scenes are fairly busy and thriving in Gainesville.