2404 SW 31st Place, GAINESVILLE, FL 32608

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
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2404 SW 31st Place,GAINESVILLE, FL 32608
$825,000
Virtual Tour
  • 16 Beds
  • 8 Baths
  • 6,150 sq. ft.
  • Multi-family
  • Active
Listed by:tyler gibson llc.
Office:lpt realty, llc.
MLS#:O6317305
Source:MFRMLS

Price summary

  • Price:$825,000
  • Price per sq. ft.:$134.15
  • Monthly HOA dues:$166

About this home

This updated 2-Bedroom Multifamily Unit is a standout opportunity for investors seeking strong cash flow and long-term appreciation. Fully rent-ready, the unit features new flooring, fresh interior paint, a modern kitchen with updated appliances, a stylishly renovated bathroom, and a brand-new washer and dryer. The property is ideally located just 1.8 miles—or a quick 5-minute drive—from the University of Florida, placing it squarely in the path of strong, year-round rental demand. It’s also just 6 minutes from the Florida Museum of Natural History and close to major retail hubs, including Publix, Walmart, and The Oaks Mall. This location ensures convenience for tenants and adds to the property's long-term rental appeal. Operationally, this asset is investor-friendly. All units are separately metered, and tenants are responsible for their own utilities—including water, sewer, and trash—keeping your expenses low and margins healthy. Most of the building's units have been

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Home facts

  • Year built:1981
  • Listing Id #:O6317305
  • Added:63 day(s) ago
  • Updated:August 14, 2025 at 12:18 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:6,150 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1981
  • Building area:6,150 sq. ft.
  • Lot area:0.2 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$825,000
  • Price per sq. ft.:$134.15
  • Tax amount:$8,210 (2024)
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