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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
High-rise multifamily apartments
75 75th St Gainesville, FL 32607-1632
Entity Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-2349120
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1980
Construction
WOOD
Total area
15,334 SF
Lot
7.24 ac (315,374 SF)
Zoning code
R-3
APN
06655-001-004
UPID
US18-2349120
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
Current use
Occupant on record · Public records
-
The Gardens Apartments Apartment Complex
-
Loly Pups Dog Training Animal Training
-
The Gardens Basketball Court Sports Field & Court Construction Company
-
The Gardens Pool Swimming Pool Hardware & Home Improvement
-
Unique Luxury Candle Company Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.58M
Owner & transaction history
GARDENS APARTMENTS
GARDENS APARTMENTS
Zoning & alternative use
R-3 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$2,250,000
6.5%
$2,080,000
7%
$1,930,000
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
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
$200,497
Tax year 2023
Assessed value
$14,000,000
Assessed 2023
Previous assessed
$12,000,000
+16.7% YoY
Effective rate
1.43%
On assessed value
Assessed land
$4,501,775
Assessed improvement
$9,498,225
Land market value
$4,501,775
Improvement market value
$9,498,225
Total market value
$14,000,000
Applied tax rate
400.0000
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
1980
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
8
Stories
2
Units
124
Rooms
8
Bathrooms
14
Total area
15,334 SF
Lot
7.24 ac (315,374 SF)
Zoning code
R-3
APN
06655-001-004
UPID
US18-2349120
Jurisdiction
ALACHUA
Zoning & alternative use
R-3 · Gainesville, FL
Zoning R-3 · permitted uses
R-3 · 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
1980
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
8
Units
124
Rooms
8
Bathrooms
14
Lot
7.24 ac
Current owner
From public records · entity-resolved
GARDENS APARTMENTS
Individual
Free & Clear · 0 yrs held
Mailing address
220 N MAIN ST, GAINESVILLE, FL 32601-5693
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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