Tbd SE 9th Street Gainesville, FL 32601
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 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.
- Property TypeSingle Family Home
- NeighborhoodMcdowall'S
- CountyAlachua
- Taxes$297
- HOA/Condo/Coop Fees$0
- Days on Site56 Days
- MLS StatusActive
- MLS ID NumberGC523808
- Home Size Source Builder
- Year Built2025
- Lot Size0.06 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Construction Cement Siding
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.06
- Water Public
- Property Sub Type Single Family Residence
- Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedUnderground UtilitiesWater Connected
- Zoning U3
- Direction Faces West
- Minimum Lease No Minimum
- Ownership Fee Simple
- Parcel Number 12223-001-001
Interior Features
- Cooling Central Air
- Heating CentralElectric
- Appliances DishwasherDisposalRangeRange HoodRefrigerator
- Flooring Laminate
- Interior Ceiling Fans(s)L Dining
- Laundry Features Laundry Closet
- Fireplace No
Exterior Features
- Roof Shingle
- Waterfront Property No
- Exterior GardenLightingPrivate MailboxSidewalk
Community Features
- Township 20
- Senior Community No
- MLS Area 32601 - Gainesville