NOT LISTED FOR SALE

511 SW 69th St Gainesville, FL 32607

6 Beds
6 Baths
2,898 Sq Ft
10,019 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $367,500 $127 Per Sq Ft

77 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Central Heating and Cooling System
  • F.W. Buchholz High School Rated A
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan

About This Home

As of December 2023

This triplex offers an excellent investment opportunity and is perfect for individuals looking to expand their real estate portfolio. All units are fully leased under market rates with long term tenants. Each unit is 2 bedroom 2 bath with 966sqft with LVP flooring, appliances, and double vanity in the master bathrooms. There is also a private fenced in back patio. Roof was just replaced in 2023. Very accessible with nearby bus routes and within minutes of I-75, the Oaks Mall, and Santa Fe College. Rated very livable by Areavibes due to great access to local amenities, sunny weather, high graduation rates and low cost of living. Zoned for Buchholz High School with GreatSchool rating of 7/10.

Last Agent to Sell the Property

Brenton Line

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3543025 Listed on: 08/02/2023

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Last Buyer's Agent

Jordan Ruvalcaba

MILLENNIA REALTY License #3524694

MILLENNIA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1982

Lot Details

  • 10,019 Sq Ft Lot
  • Irrigation

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,898 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Luxury Vinyl Tile Flooring

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,898 Sq Ft Building
  • Cedar Ridge Add Subdivision

Building Details

  • Operating Expense $5,676
  • Gross Income $28,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,548

Year Built

Built in 1982

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2898
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2898
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 269.23
  • Escrow State: FL
  • RATIO Current Price By Calculate: 126.81
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 352-240-0600
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 269.23

Exterior Features

  • Exterior Features: Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12001C0293E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Cedar Ridge

Fee Information

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

Lot Info

  • Zoning: R-3
  • Parcel Number: 06655-060-010
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 2365

Multi Family

  • Gross Income: 28380
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 3548
  • Tax Book Number: K-80
  • Tax Lot: 10
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $367,500 -18.3% $127 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $450,000 +650.0% $155 / Sq Ft
12/06/2021 12/06/21 Off Market $60,000 -- --
06/29/2015 06/29/15 Sold $60,000 +9.1% $21 / Sq Ft View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
11/18/2014 11/18/14 For Sale $55,000 -- $19 / Sq Ft
Source: Stellar MLS

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
2025 $6,615 $295,509 $65,000 $230,509
2024 $5,765 $212,123 $30,000 $182,123
2023 $3,804 $169,577 $40,000 $129,577
2022 $3,548 $176,022 $40,000 $136,022
2021 $3,335 $153,696 $40,000 $113,696
2020 $2,958 $115,788 $20,000 $95,788
2019 $2,540 $102,645 $55,000 $47,645
2018 $2,165 $61,700 $6,000 $55,700
2017 $2,232 $72,700 $6,000 $66,700
2016 $1,787 $44,300 $0 $0
2015 $1,240 $45,800 $0 $0
2014 $1,893 $46,200 $0 $0
2013 -- $47,600 $6,000 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC515309

Stellar MLS
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