Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    278 SE Gillen Ter Lulu, FL 32061

    For Sale
    $325,000

    Multi-Unit (2-4), Other - Lulu, FL

    Property size:
    3,080 SF
    Days on Market:
    50
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 278 SE Gillen Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry
    Bedrooms
    4
    Bathrooms
    4
    APN
    34-4S-18-10546-000
    Parking features
    Garage
    Appliances
    Refrigerator
    Size
    3,080 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Year renovated
    2005
    Floors in Building
    1
    Flooring type
    Hardwood, Tile
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    Empire Realty of North Florida, Inc. (386) 626-8004

    Listing agent Matthew Rende (386) 626-8004

    Listing date Oct 23, 2025

    MLS# 11574222 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lulu, FL Income Property

    This property features two homes on 5.481 acres, including a 2/2 single family residence and a duplex with two 1/1 units. Located just 10 minutes outside of Lake City in Lulu, FL, the property offers a peaceful and quiet setting without deed restrictions. The property, totaling 3080 square feet, is suitable for a rental portfolio, a family property, or conversion to an assisted living facility or senior independent living. Each dwelling has its own septic system. A private well with a new pump serves the property. There is land available for additional construction or development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Lulu
    County
    Columbia
    State
    Florida
    Longitude
    -82.492481
    Latitude
    30.105047

    Nearby Similar for Sale

    • $325,000

      Income-Producing Property in Lulu, FL

      Two homes on 5.481 acres, potential for rental income.
      278 SE Gillen Ter, Lulu, FL 32061
      View Details
    • $204,900
      2,307 SF

      Prime Lulu Retail Space - High Visibility

      Renovated Retail Building, High Traffic Area
      8717 State Road 100, Lulu, FL 32061
      View Details
    • $204,900

      Lulu General Store: Prime Retail Opportunity

      Florida Retail Building - High Traffic Location
      8717 Sr 100, Lulu, FL 32061
      View Details

    FAQs

    What type of property is this?
    Duplex - Two homes and a duplex on 5.481 acres in Lulu, FL.
    Where is this duplex located?
    The property is located at 278 SE Gillen Ter Lulu, FL.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Income-producing property featuring a single-family residence and a duplex.; - Sprawling 5.481 acres of land with potential for further development.; - Two homes: a 2/2 single family and a duplex with two 1/1 units.
    (386) 626-8004
    Request Owner's contact information
    278 SE Gillen Ter Lulu, FL 32061
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    278 SE Gillen Ter
    Lulu, FL 32061
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    278 SE Gillen Ter Lulu, FL 32061
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.