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Property profile & analytics
OFF-MARKET
High-rise multifamily apartments
4021 31st Dr Gainesville, FL 32608-2614
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-0006445
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1961
Construction
WOOD
Total area
4,216 SF
Lot
1.56 ac (67,954 SF)
Zoning code
RMF8
APN
07240-009-000
UPID
US18-0006445
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Saul Silber · 4 yrs held
Saul Silber
since 2021
Last sale
$226,500
7 recorded transactions
Zoning & alternative use
RMF8 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,430
Tax year 2023
Assessed value
$2,301,500
Assessed 2023
Previous assessed
$2,149,300
+7.1% YoY
Effective rate
1.89%
On assessed value
Assessed land
$201,703
Assessed improvement
$2,099,797
Land market value
$201,703
Improvement market value
$2,099,797
Total market value
$2,301,500
Applied tax rate
3,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1961
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
4
Units
31
Rooms
15
Bathrooms
2
Total area
4,216 SF
Lot
1.56 ac (67,954 SF)
Zoning code
RMF8
APN
07240-009-000
UPID
US18-0006445
Jurisdiction
ALACHUA
Zoning & alternative use
RMF8 · Gainesville, FL
Zoning RMF8 · permitted uses
RMF8 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
5
Units
31
Rooms
15
Bathrooms
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Saul Silber
Individual
Free & Clear · 4 yrs held
Mailing address
3434 SW 24TH AVE APT A, GAINESVILLE, FL 32607-4553
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
Saul Silber
Saul Silber
Intrafamily Transfer
related
—
Dec 14, 2015
$226,500
Saul Silber
Cws Of Gainesville LLC
Warranty Deed
—
Apr 21, 2009
—
Cws Ofe Gainesville LLC
Haufler Eugene B
Grant Deed
—
Apr 21, 2009
$5,000
Cws Of Gainesville LLC
Haufler,oscar E
Grant Deed
—
Sep 11, 2007
—
Cws Of Gainesville LLC
Coffin Velma
Grant Deed
—
Sep 11, 2007
$515,000
Cws Of Gainesville LLC
Bruce Carl Coffin JR
Warranty Deed
$386,250 · Millennium Bank
Sep 10, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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