Tbd SE 9TH STREET, GAINESVILLE, FL 32601

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$399,000

bedrooms

bathrooms

square feet

1,584

Acreage

0.06

Open Houses

year built

2025

Full Baths

Half Baths

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Pre-Construction. To be built. For more than a decade, Eastwood Construction has been Gainesville’s top developer of new homes walkable to the University of Florida and Downtown with a proven track record of building more than 100 profitable rental properties. With four bedrooms and four bathrooms, this model brings in $3400-$3500 per month in rental income and is centrally located biking distance to the University of Florida and Downtown Gainesville. This property is part of the first phase of development in this area, with more than 30 homes of similar quality planned, presenting a unique opportunity to invest in one of Gainesville’s most promising neighborhoods. This particular lot will allow for ample off street parking with a strategically placed parking area and has a large green space in the rear of the property that provides for a peaceful and natural backyard. The 4/4 floor plan presents a CAP rate at 7.4% with a levereged return at almost 11% after all debts and management fees. No HOA or local restrictions make this an ideal short or long-term rental. Optional add-ons for detached apartment are a possibility. This home is being sold pre-construction and can be completed in 8 months making it an ideal investment for Fall 2025. Photos are of a previously constructed property of similar quality and layout.

Location
Subdivision	MCDOWALL'S
County	Alachua
Elementary School	-
Middle School	-
High School	-

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Open houses

None scheduled.

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MLS number: GC523808

Listing agent: Megan Atwater #3407654

Listing broker: Sage Real Estate (352) 219-2033

Last update: Saturday, April 26 2025 at 8:17 p.m. EDT

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