Fully furnished 1 Bed/1 Bath condo within half a mile of the University of Florida. Incoming buyer can decide to live at the property upon lease expiration or maintain it as a rental. Currently rented through June 2026 at $1, 375/month. Unit was previously used as short term rental before switching to year leases. Gross income when used as short term rental was $28, 640 in 2022 and $26, 248 in 2021. This is the perfect opportunity for someone looking to live in or own investment property next to campus. Approved for short term rental uses (Airbnb, VRBO, etc.) Private parking lot, parking space provided to owner. Recently updated bathroom, all new flooring, and new kitchen countertops. A/C is 5 years old. Located in the heart of downtown Gainesville directly off University Avenue and across the street from the new Santa Fe Blount Center. Directly downstairs is Karma Cream Coffee Shop, a hair salon, and restaurants. All furniture and washer/dryer included in the sale. See attachments for marketing package and disclosures.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 4
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Eat-in Kitchen
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Primary Bedroom Main Floor
- Thermostat
- Flooring: Luxury Vinyl
Appliances
- Dishwasher
- Disposal
- Dryer
- Ice Maker
- Microwave
- Refrigerator
- Washer
- Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Kitchen and Dining
Land Info
- Lot Size Acres: 0.49
- Lot Size Square Feet: 21547
Exterior and Lot Features
- Road Surface Type: Asphalt
Homeowners Association
- Association: Yes
- Association Fee: 265
- Association Fee Frequency: Monthly
- Association Fee Includes: Maintenance Grounds
- Calculated Total Monthly Association Fees: 265
- Association Name: Cornerstone Management Services
- Association Phone: 3525544200
- Pets Allowed: Yes
- Pet Description: Pet Restrictions: Pets allowed for owners living at the property., Max Pet Weight: 999
Condo Info
- Unit Floor In Building: 1
Amenities and Community Features
- Community Features: Sidewalks
Other Property Info
- Annual Tax Amount: 3453.2
- Source Listing Status: Active
- County: Alachua
- Directions: From the intersection of 13th St and Univ Ave, head east on Univ Ave. Turn Right (South) on 6th Street. Subject is on the right.
- Tax Year: 2024
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32601 - Gainesville
- List Development Name: Lofts at West University Avenue
- Property Subtype: condo
- Source Neighborhood: LOFTS AT WEST UNIVERSITY
- Parcel Number: 12936-206-000
- Postal Code Plus 4: 6263
- Public Survey Range: 20
- Public Survey Section: 5
- Subdivision: LOFTS AT WEST UNIVERSITY
- Township: 10
- Zoning: PD
- Property Features: Condo Fees: 0 null
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 677
- Year Built: 2006
- Building Area Source: Public Records
- Building Area Total: 677
- Building Name: 206
- Construction Materials: Brick
- Direction Faces: South
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 19
- Levels or Stories: 1
- Building Total Stories: 1
- Structure Type: Corner Unit
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Water Source: Public
