Occupied Quadplex with Recent
3913 SW 26TH Drive, Gainesville, FL 32608
For Sale
$520,000
Residential Income, GAINESVILLE, FL
Property Size3,970 SF
Lot Size0.25 Acres
Price / SF$130.98
Days on Market55
Property Features for 3913 SW 26TH Drive
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
LA ROSA REALTY LLC
(321) 939-3748
Listed By:
Eliza Anez · License #3342656
(407) 967-5550
Added: Sep 14
Changed: Nov 6
Last Checked: Nov 7 at 3:06AM
MLS# O6441827
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.
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Investment Insights
Based on property information with market context.
This quadplex contains 3,970 square feet on a 0.25-acre parcel and was constructed in 1980 with block construction. The property is fully occupied and includes central heating, central air conditioning, public water, and a recently installed shingle roof backed by a 10-year warranty. The property is zoned PUD.
Located in Gainesville near the University of Florida campus, Shands, the VA, shopping, restaurants, grocery stores, and bus lines. Its residential income configuration and established building systems support continued multifamily use.
Located in Gainesville near the University of Florida campus, Shands, the VA, shopping, restaurants, grocery stores, and bus lines. Its residential income configuration and established building systems support continued multifamily use.
Key Highlights
- Quadplex with 3,970 square feet of building area
- 100% occupied
- 0.25‑acre parcel zoned PUD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,975
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,500
$779.5K
Cap Rate 7%
$556,786
$556.8K
Cap Rate 9%
$433,056
$433.1K
Market Conditions
NOI Build-Up for 3,970 SF
Gross rent
$59.6K $15.00/SF
− Vacancy
−$3.9K −$0.98/SF
EGI
$55.7K $14.03/SF
− OpEx
−$16.7K −$4.21/SF
NOI
$39.0K $9.82/SF
Area
Gainesville, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,500
Cap Rate 7%
$556,786
Cap Rate 9%
$433,056
Alternative Uses
Best Use
Multifamily LT 5
$556.8K
$487.2K – $649.6K
NOI $38,975 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$499.6K
$437.2K – $582.9K
NOI $34,974 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$983.3K
$860.4K – $1.15M
NOI $68,830 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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Business Placement
Demographics for 32608, FL
55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Gainesville, FL
Properties on Market for Quadplexes in Gainesville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with full occupancy, central HVAC, and a recently installed shingle roof.
Where is this quadplex located?
The property is located at 3913 SW 26TH Drive Gainesville, FL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Quadplex with 3,970 square feet of building area; 100% occupied; 0.25‑acre parcel zoned PUD
