Gainesville Condo with Community
1810 NW 23RD BOULEVARD 219 Gainesville, FL 32605
1810 NW 23RD BOULEVARD 219, Gainesville, FL, 32605
$149,500
For Sale
$149,500
2-bed, 2-bath condo near UF and Shands.
Property Size1,070 SF
Lot Size19.71 Acres
Price / SF$139.72
Days on Market522
Property Features for 1810 NW 23RD BOULEVARD 219
General Information
- Standard status
- Active
- Size
- 1,070 SF
- Lot size
- 19.71 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1972
Listing agency
VANBEEK REALTY, LLC
(352) 213-2312
Listed by
Julie VanBeek · License #3033763
(352) 213-2312
Source
Exitrealty
Added: Feb 14, 2025 Updated: Jul 10 at 1:06PM Checked: Jul 21 at 4:21AM
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 VANBEEK REALTY, LLC
Investment Insights
Based on property information with market context.
This condo, located in NW Gainesville, features 2 bedrooms and 2 bathrooms. The property has an open floor plan suitable for entertaining. The kitchen provides storage and counter space. Luxury vinyl plank flooring is installed throughout the unit. Community amenities include a pool, clubhouse, gym, and tennis courts. The property is located less than 4 miles from UF and Shands, and is near retailers such as Lowes, Ross, and Rural King. The property size is 1070 square feet.
Key Highlights
- Prime Location: Less than 4 miles from UF and Shands.
- Enjoy community amenities including a pool, clubhouse, gym, and tennis courts.
- Open floor plan is ideal for entertaining.
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 | $18.2k | $17.04 |
| − Vacancy | −$1.1k | −$1.02 |
| EGI | $17.1k | $16.02 |
| − OpEx | −$7.7k | −$7.21 |
| NOI | $9.4k | $8.81 |
1,070 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$134.7K
$117.8K – $157.1K
NOI $9,426 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$265.0K
$231.9K – $309.2K
NOI $18,551 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Creeks Edge Pool
Swimming Pool
Creeks Edge Condominium ...
Condominium Complex
keen notary services
Law Firm
Creek's Edge Condos
Apartment Complex
Creeks Edge Tennis ...
Sports Field & Court
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - 2-bed, 2-bath condo near UF and Shands.
Where is this residential income property located?
The property is located at 1810 NW 23RD BOULEVARD 219 Gainesville, FL.
What is the asking price?
The asking price for this property is $149,500.
What are key features of this property?
This property features: Prime Location: Less than 4 miles from UF and Shands.; Enjoy community amenities including a pool, clubhouse, gym, and tennis courts.; Open floor plan is ideal for entertaining.
