Fully Occupied Quadplex with New
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 Market60
Property Features for 3913 SW 26th Drive
General Information
Property type
Property subtype
Bedrooms
Rooms
Subdivision
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Water source
Building Details
Year built
Architectural style
Listing Agency:
La Rosa Realty Llc
Listed By:
Eliza Beatriz Anez · License FL #3342656
(321) 939-3748
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 12 at 7:06AM
MLS# 11993888
Copyright © 2026 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1980-built quadplex contains 3,970 square feet on a 0.25-acre parcel and is currently 100% occupied. The property is served by public water, and the roof was recently installed with a 10-year warranty. Its four-unit configuration provides an established multifamily format for residential income ownership.
Located at 3913 SW 26th Drive in Gainesville, the property is near the University of Florida campus, Shands, the VA, shopping, restaurants, grocery stores, and bus lines. The combination of existing occupancy, recent roof work, and access to nearby services supports straightforward evaluation for a multifamily buyer.
Located at 3913 SW 26th Drive in Gainesville, the property is near the University of Florida campus, Shands, the VA, shopping, restaurants, grocery stores, and bus lines. The combination of existing occupancy, recent roof work, and access to nearby services supports straightforward evaluation for a multifamily buyer.
Key Highlights
- Quadplex with 3,970 square feet of building area
- 100% occupied
- 0.25‑acre parcel in Gainesville
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
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
$340,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 residential income property with full occupancy, public water service, and convenient access to area institutions and daily shopping.
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 in Gainesville
