Immaculate Townhome in Rockwood
811 SW 58TH TERRACE 811 Gainesville, FL 32607
811 SW 58TH TERRACE 811, Gainesville, FL, 32607
$212,500
Pending
For Sale
$212,500
Pending
Move-in ready 3-bedroom townhome with modern elegance and community amenities.
Property Size1,370 SF
Lot Size0.02 Acres
Days on Market528
Property Features for 811 SW 58TH TERRACE 811
General Information
- Standard status
- Pending
- Size
- 1,370 SF
- Lot size
- 0.02 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1987
Listing agency
FOWLKES REALTY CO
(407) 361-2052
Listed by
Jenaia Fowlkes · License #3318639
(407) 361-2052
Source
Exitrealty
Added: Feb 8, 2025 Updated: Jul 6 at 12:05PM Checked: Jul 21 at 4:00AM
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 FOWLKES REALTY CO
Investment Insights
Based on property information with market context.
This townhome, located in the Rockwood Villas subdivision, features 3 bedrooms and 3 bathrooms. The interior has been freshly painted and includes new flooring throughout the bedrooms and stairs. The layout features a split floor plan, with one bedroom and a full bathroom on the main floor, and two additional bedrooms with ensuite bathrooms on the upper level. The main living area combines the dining and living room spaces, with sliding glass doors leading to a screened patio. The patio includes a storage room with a washer and dryer. A front courtyard offers space for gardening. The property is located near Butler Plaza, North Florida Regional, UF, Shands, and the Oaks Mall, with direct bus routes to the UF campus. Community amenities include two swimming pools, tennis courts, a basketball court, and a volleyball court. The property contains 1370 square feet.
Key Highlights
- Prime location: Minutes from Butler Plaza, North Florida Regional, UF, Shands, and Oaks Mall with direct bus routes to UF campus.
- Move‑in ready: Freshly painted interior and brand‑new flooring throughout bedrooms and stairs (no carpet).
- Three bedrooms and three bathrooms: Split floor plan with one bedroom/bathroom on the main floor and two bedrooms with ensuite bathrooms upstairs.
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 | $23.3k | $17.04 |
| − Vacancy | −$1.4k | −$1.02 |
| EGI | $21.9k | $16.02 |
| − OpEx | −$9.9k | −$7.21 |
| NOI | $12.1k | $8.81 |
1,370 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$172.4K
$150.9K – $201.2K
NOI $12,069 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.3K
$296.9K – $395.9K
NOI $23,753 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Move-in ready 3-bedroom townhome with modern elegance and community amenities.
Where is this residential income property located?
The property is located at 811 SW 58TH TERRACE 811 Gainesville, FL.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: Prime location: Minutes from Butler Plaza, North Florida Regional, UF, Shands, and Oaks Mall with direct bus routes to UF campus.; Move‑in ready: Freshly painted interior and brand‑new flooring throughout bedrooms and stairs (no carpet).; Three bedrooms and three bathrooms: Split floor plan with one bedroom/bathroom on the main floor and two bedrooms with ensuite bathrooms upstairs.
