$750,000

2904 SW 31st Terrace Gainesville, FL 32608

Estimated payment $4,257/month

Total Views 6,971
2 Beds
1 Bath
787 Sq Ft
$953 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • West Facing Home
  • Eastside High School Rated A-
  • Living Room
  • High-Rise Condominium

About This Home

Welcome to this prime Real Estate opportunity located in the heart of Gainesville! I can honestly say that you will never find one like this again because it's true, as there is simply no other property of its kind left in this location. Once you grasp the property's location and potential you will realize this is truly a once-in-a-lifetime opportunity. This multi-use zoned commercial property offers incredible potential for up to 8 stories of development, making it an ideal investment for commercial, residential, or mixed-use purposes. Roof-top pools and Bars are some of the features this type of zoning will accommodate. The central location provides unmatched convenience and accessibility, presenting a rare chance to be part of the vibrant growth and development of the city. Don't miss this extraordinary chance to bring your vision to life in one of Gainesville's most sought-after areas! This prime property is conveniently located within a short distance of the VA Hospital, Shands Hospital, and the University of Florida, making it an ideal location for medical facilities, research centers, or housing for hospital staff and pupils. THIS SALE INCLUDES 2 PARCELS: 06779-002-000 AND 06779-001-000 Tour the property and its potential today.

Listing Agent

David Ferro

WATSON REALTY CORP Brokerage Phone: 352-377-8899 License #3381091 Listed on: 08/28/2024

WATSON REALTY CORP

Co-Listing Agent

Kaitlyn Perry

WATSON REALTY CORP- TIOGA Brokerage Phone: 352-377-8899 License #3403095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1955

Lot Details

  • 1.09 Acre Lot
  • West Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned MU-1

Home Design

  • Metal Roof

Interior Spaces

  • 787 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • High-Rise Condominium

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,373

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 787
  • Lot Size Acres: 1.09
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 891
  • Lot Size Sq Ft: 21780
  • Number Of Lots: 2
  • Directions to Property: From Archer Road turn onto Old Archer Road and enter through 31st Terrace. The property is at the rear of the development.
  • Status: Active
  • Street Direction: SW
  • Co List Office Mls Id: MFR259505361
  • Co List Office Phone: 352-224-2600
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793683
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 952.99
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: High Rise
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-377-8899
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Other
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2904
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 73.11
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Other
  • Cooling: None
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Other
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not in Development

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MU-1
  • Parcel Number: 06779-002-000
  • Additional Parcels Description: 06779-001-000
  • Additional Parcels: Yes
  • Lot Features: City Limits
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 2023
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 1372.58
  • Tax Lot: 6779-1

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 $1,373 $123,884 $60,984 $62,900
2023 $1,373 $68,310 $21,700 $46,610
2022 $1,277 $62,541 $21,700 $40,841
2021 $1,112 $43,549 $21,700 $21,849
2020 $1,109 $43,549 $21,700 $21,849
2019 $1,150 $44,225 $21,700 $22,525
2018 $1,107 $45,500 $21,700 $23,800
2017 $1,150 $46,200 $21,700 $24,500
2016 $1,127 $44,800 $0 $0
2015 $1,163 $45,400 $0 $0
2014 $1,181 $45,700 $0 $0
2013 -- $46,300 $21,700 $24,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 For Sale $750,000 -- $953 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $40,000 First American Title Ins Co
Warranty Deed $23,500 --
Deed $15,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 Purchase Money Mortgage
Source: Public Records

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Source: Stellar MLS

MLS Number: GC524735

Stellar MLS

APN: 06779-002-000