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$875,000
2 Days On Site

2404 SW 31ST PLACE
GAINESVILLE, FL 32608

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,150
SqFt
$142
/SqFt
1981
Built
Subdivision:
PHOENIX SUB PH II NAPIER GRT
County:
Alachua
Call Now: 352-888-1111
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352-888-1111
2404 SW 31ST PLACE2404 SW 31ST PLACE2404 SW 31ST PLACE2404 SW 31ST PLACE
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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 similarly updated, which minimizes future capital expenditures and supports tenant satisfaction and retention. For serious investors looking to expand their portfolio with a low-maintenance, high-demand rental in a growth market, this property offers both immediate income and future upside.

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Listing Snapshot
Price 
$875,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,150 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1981
MLS® Number 
O6317305
Status 
Active
Property Tax 
$8,209.79
HOA/Condo/Coop Fees 
$166 monthly
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.2
Foundation 
Other
Pets 
Cats OKDogs OK
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Other
Water Source 
Public
Zoning 
PD
Interior Features
Cooling 
Central Air
Flooring 
Vinyl
Heating 
Central
Laundry Features 
InsideLaundry Closet
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Exterior Features
Construction Details 
Block
Exterior 
Other
Roof 
Shingle
Community Features
Association Dues 
166
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Monthly
MLS Area 
32608 - Gainesville
Roads 
Asphalt
Township 
10
Listing courtesy of LPT REALTY, LLC 8773662213



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-06-14 11:22 PM EDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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