Spacious Condo Near UF
4415 SW 34TH STREET 508 Gainesville, FL 32608
4415 SW 34TH STREET 508, Gainesville, FL, 32608
$175,000
For Sale
$175,000
Two-story, 2 bed/2.5 bath condo near UF and Shands.
Property Size1,172 SF
Price / SF$149.32
Days on Market514
Property Features for 4415 SW 34TH STREET 508
General Information
- Standard status
- Active
- Size
- 1,172 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2000
Listing agency
UNIVERSITY REALTY
(352) 281-3551
Listed by
Matt Price · License #3082307
(352) 281-3551
Source
Exitrealty
Added: Feb 22, 2025 Updated: Jul 10 at 1:04PM Checked: Jul 21 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNIVERSITY REALTY
Investment Insights
Based on property information with market context.
This two-story corner unit condo features 2 bedrooms and 2.5 bathrooms. The first floor includes a large living room, dining area, half bathroom, washer/dryer closet, kitchen, and an outside patio accessible from the kitchen area. New carpet has been installed throughout the first floor. The second floor contains two spacious bedrooms, each with a full bathroom and a large closet. The property is located close to the University of Florida (UF), UF Health Shands Hospital, and shopping areas. Community amenities include a pool and a nearby bus stop to UF. The property size is 1172 square feet.
Key Highlights
- Conveniently located near UF, Shands Hospital, and shopping.
- Spacious 2 bed/2.5 bath two‑story corner unit condo.
- No neighbors above or below for increased privacy.
Local Financial Insights For Apartment 5plus
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 | $20.0k | $17.04 |
| − Vacancy | −$1.2k | −$1.02 |
| EGI | $18.8k | $16.02 |
| − OpEx | −$8.4k | −$7.21 |
| NOI | $10.3k | $8.81 |
1,172 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$147.5K
$129.1K – $172.1K
NOI $10,325 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.3K
$254.0K – $338.7K
NOI $20,320 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Brighton Park
Condominium Complex
Chelsea Simpkins
Physician
Apartments At Brighton Park ...
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Two-story, 2 bed/2.5 bath condo near UF and Shands.
Where is this residential income property located?
The property is located at 4415 SW 34TH STREET 508 Gainesville, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Conveniently located near UF, Shands Hospital, and shopping.; Spacious 2 bed/2.5 bath two‑story corner unit condo.; No neighbors above or below for increased privacy.
