$132,900

1700 SW 16th Ct Unit L-6 Gainesville, FL 32608

Estimated payment $1,156/month

Total Views 254
1 Bed
1 Bath
642 Sq Ft
$207 Price per Sq Ft

Highlights

  • Community Pool
  • Living Room
  • Central Heating and Cooling System
  • Eastside High School Rated A-
  • Tile Flooring
  • Cats Allowed

About This Home

CALLING ALL INVESTORS! Start generating passive income immediately. This fully leased 1 bed / 1 bath condo is under professional management and leased through July 31, 2026, offering a truly hands-free investment. Located just steps from UF Health Shands Hospital, the UF Dental and Vet Schools, and the VA Hospital, this unit provides unbeatable convenience for tenants. Inside, you'll find a spacious, open-concept living room and kitchen with tile flooring, and a generously sized bedroom upgraded with luxury vinyl plank flooring with no carpet. The community includes a pool, on-site laundry, and is conveniently located on a direct bus route to UF and Butler Plaza. Walk to Shands, or bike and scooter easily to campus. This location is in high demand. Don’t miss this opportunity to own a cash-flowing property in one of Gainesville’s most desirable rental areas.

Listing Agent

Matt Price

UNIVERSITY REALTY Brokerage Phone: 352-327-9500 License #3082307

Co-Listing Agent

Tyler Peters

UNIVERSITY REALTY Brokerage Phone: 352-327-9500 License #3351895

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,145

Year Built

  • Built in 1987

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 642 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 15486-412-006

Community Details

Overview

  • Association fees include insurance, ground maintenance, pool, sewer, trash, water
  • Summit House Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,145

Year Built

Built in 1987

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Grounds, Pool, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Brick, Concrete, Wood Siding
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 642
  • Directions to Property: From SW 13th St, turn West onto SW 16th Ave. Turn left into SW 16th Court to Summit House, building L is behind building A.
  • Status: Active
  • Street Direction: SW
  • Co List Office Mls Id: MFR259504837
  • Co List Office Phone: 352-327-9500
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Gainesville
  • Escrow Postal Code: 32606
  • Escrow State: FL
  • Escrow Street Name: NW 43rd St Suite B
  • Escrow Street Number: 4045
  • Floor Number: 1
  • List Office Head Office Key Nume: 555141561
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 207.01
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-327-9500
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 1700
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 59.64
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Other
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2006-06-16
  • Flood Zone Panel: 12001C0314D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None
  • Building Name Number: L
  • Condo Fees: 240
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 240
  • Development: Summit House

Fee Information

  • Total Annual Fees: 2880.00
  • Total Monthly Fees: 240.00

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 15486-412-006
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Cats OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: It is recommended that a Buyer review the community documents to verify the accuracy of the leasing restrictions and for specific details regarding leasing restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 2145
  • Tax Lot: -

Multi Family

  • Currency Monthly Rent Amt: 1095.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,030 $107,000 -- $107,000
2023 $2,030 $105,000 $0 $105,000
2022 $1,638 $73,500 $0 $73,500
2021 $1,677 $73,500 $0 $73,500
2020 $1,185 $68,000 $0 $68,000
2019 $1,055 $54,000 $0 $54,000
2018 $874 $42,000 $0 $42,000
2017 $811 $37,000 $0 $37,000
2016 $775 $29,760 $0 $0
2015 $728 $27,060 $0 $0
2014 $625 $24,600 $0 $0
2013 -- $24,600 $0 $24,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $132,900 +66.1% $207 / Sq Ft
12/06/2021 12/06/21 Off Market $80,000 -- --
12/23/2020 12/23/20 Sold $80,000 -11.1% $125 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $90,000 -- $140 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Attorney
Deed $5,260,600 --
Deed $18,500 --
Certificate Of Transfer $100 --
Deed $34,000 --
Source: Public Records

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Source: Stellar MLS

MLS Number: GC530520

Stellar MLS

APN: 15486-412-006