Sold for $150,000 on 06/12/24
$150,000
2905 Archer Rd #5005, Gainesville, FL 32608
2beds
800sqft
Condominium
Built in 1998
-- sqft lot
$118,700 Zestimate®
$188/sqft
$1,270 Estimated rent
Home value
$118,700
$102,000 - $138,000
$1,270/mo
Zestimate® history
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Owner options
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What's special
INVESTOR ALERT! Close and begin collecting rent immediately on this well-maintained 2 bed/2 bathroom condominium just up the street from the University of Florida, Shands Hospital and the VA. Already leased through July 31st, 2025 with rents secured at $1,300 for the 2024 - 2025 leasing season! Each bedroom features a private bathroom and walk-in closet. The floor plan has a split plan with an spacious open concept kitchen/living/dining combo. The current owner has replaced the flooring with durable luxury vinyl plank flooring that will last - no messy carpet! There is a community pool and bus stop outside the community with several direct bus routes to UF and Shands. It's so rare that a hassle free, well maintained investment presents itself in such an idyllic location. There's even a professional property management company already in place for any out-of-town investors. Come experience the true definition of passive income!
Zillow last checked: 8 hours ago
Listing updated: June 12, 2024 at 01:47pm
Listing Provided by:
Matt Price 352-281-3551,
UNIVERSITY REALTY 352-327-9500,
Tyler Peters 352-226-1829,
UNIVERSITY REALTY
Bought with:
Hongtao Liu, 3254779
BHGRE THOMAS GROUP
Source: Stellar MLS,MLS#: GC521259
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 9.4x12.7
Kitchen
- Level: First
- Dimensions: 7.7x6.9
Living room
- Level: First
- Dimensions: 15.3x11.7
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Laundry Closet, Washer Hookup
Features
- Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Thermostat
- Flooring: Luxury Vinyl, Tile
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Details
- Parcel number: 06774010505
- Zoning: MULTI-FAM
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Community Mailbox, Deed Restrictions, Pool
Location
- Region: Gainesville
- Subdivision: CAPSTONE QUARTERS CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $289 monthly
- Amenities included: Pool
- Services included: Insurance, Maintenance Grounds, Manager, Pool Maintenance, Trash
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 15600
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $150,000-6.2%$188/sqft |
Source: | ||
| 5/14/2024 | Pending sale | $159,900$200/sqft |
Source: | ||
| 4/20/2024 | Listed for sale | $159,900+17.6%$200/sqft |
Source: | ||
| 3/1/2023 | Sold | $136,000-6.2%$170/sqft |
Source: | ||
| 2/8/2023 | Pending sale | $145,000$181/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32608
Nearby schools
GreatSchools rating
- 2/10Idylwild Elementary SchoolGrades: PK-5Distance: 3.9 mi
- 7/10Kanapaha Middle SchoolGrades: 6-8Distance: 3.6 mi
- 5/10Eastside High SchoolGrades: 9-12Distance: 5.9 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$118,700
2% more+ $2,374
With Zillow Showcase(estimated)
$121,074


