Second-Floor Office with Private
1204 NW 69TH Terrace Gainesville, FL 32605
For Sale
$244,000
SINGLE_FAMILY - GAINESVILLE, FL
Property Size1,671 SF
Lot Size0.04 Acres
Price / SF$146.02
Days on Market170
Property Features for 1204 NW 69TH Terrace
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- AP
- Standard status
- Active
- APN
- 06336-005-002
- Size
- 1,671 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1204 PROFESSIONAL OFFICE COMPLEX OR 1464/599 SUITE B & 1/6 INT IN COMMON AREAS OR 5046/945
- Tax Annual Amount
- 3691
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1977
- Building materials
- Brick, Cedar
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS
(352) 335-4999
Listed By:
Shasta Schoellhorn · License #3332615
(352) 922-0048
Added: Feb 6
Changed: Jul 22
Last Checked: Jul 26 at 1:06AM
MLS# GC537458
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully redecorated second-floor office offers five private offices, a large lobby, two restrooms, and a reception desk with additional workspace. The suite includes a kitchenette, ample storage, and large windows designed to provide a pleasant day-to-day work environment. HVAC is approximately three years old, and the building has a new roof. For access, the space is served by both a convenient elevator and a large stairway.
Located at 1204 NW 69TH Terrace in Gainesville, Florida (32605), the office is part of a “Professional Complex” that provides on-site parking for staff and clients. The property is described as being under zoning AP.
The development is set up as fractional ownership, with six property owners sharing common area expenses.
Located at 1204 NW 69TH Terrace in Gainesville, Florida (32605), the office is part of a “Professional Complex” that provides on-site parking for staff and clients. The property is described as being under zoning AP.
The development is set up as fractional ownership, with six property owners sharing common area expenses.
Key Highlights
- Second‑floor professional office in a “Professional Complex” with elevator and large stairway access
- Includes 5 private offices plus large lobby, reception desk/workspace, kitchenette, and large entry hall
- Two rest rooms and ample storage space for day‑to‑day office needs
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $19.80 |
| − Vacancy | −$5.3k | −$3.17 |
| EGI | $27.8k | $16.63 |
| − OpEx | −$6.9k | −$4.16 |
| NOI | $20.8k | $12.47 |
1,671 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.8K
$260.6K – $347.4K
NOI $20,844 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.9K
$362.1K – $482.9K
NOI $28,971 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
RLS Comprehensive Dental
Dental Office
Gracy, Megan Jurecko ...
Dental Office
Hill Family Dentistry
Dental Office
Better Connections
Medical Clinic
Learning Curve Counseling
Marriage Or Relationship Counselor
FAQs
What type of property is this?
Office units - Second-floor office unit with five private offices, large lobby, kitchenette, and updated HVAC in a well-maintained professional complex.
Where is this office units located?
The property is located at 1204 NW 69TH Terrace Gainesville, FL.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: Second‑floor professional office in a “Professional Complex” with elevator and large stairway access; Includes 5 private offices plus large lobby, reception desk/workspace, kitchenette, and large entry hall; Two rest rooms and ample storage space for day‑to‑day office needs
