1718 SW 69 Terrace, Gainesville, FL 32607
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: terri ardines
Office: bhhs florida realty
MLS#:GC539450
Source:MFRMLS
Price summary
- Price:$595,000
- Price per sq. ft.:$150.71
About this home
Turnkey Gainesville Fourplex — Stabilized Asset with Strong Cash Flow Potential
Positioned in one of North Central Florida’s most reliable rental markets, this upgraded fourplex presents a compelling opportunity for investors seeking immediate income and long-term appreciation. The property consists of four spacious 2BR/1.5BA units with a proven, tenant-friendly layout that supports consistent occupancy and retention.
Capital improvements completed in 2024—2025, including flooring, windows, plumbing, and full bathroom upgrades, significantly reduce deferred maintenance and future CapEx exposure.
With strong rental demand driven by the University of Florida and surrounding employment hubs, this asset is well-positioned for stable cash flow and continued rent growth. Ideal for investors seeking a low-maintenance, income-producing property with upside potential through rental optimization.
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Home facts
- Year built:1981
- Subdivision & Development:TOWER OAKS
- Listing ID #:GC539450
- Added:98 day(s) ago
- Updated:August 01, 2026 at 06:56 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Flooring:Carpet, Ceramic Tile, Laminate
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Cooktop, Exhaust Fan, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Primary Bedroom Upstairs
- Basement Description:Block
- Living area:3,720 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:3,720 sq. ft.
- Lot area:0.25 Acres
- Lot Features:Cul-de-sac, Paved
- Construction Materials:Block, Concrete, Hardi Plank Type
- Exterior Features:Balcony, Courtyard, Covered Porch/Patio, Lighting
- Foundation Description:Block
- Levels:2 Story
Schools
- High school:F. W. Buchholz High School-AL
- Middle school:Fort Clarke Middle School-AL
- Elementary school:Lawton M. Chiles Elementary School-AL
Utilities
- Water:Public
- Sewer:Public, Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$150.71
- Tax amount:$10,873 (2025)
Features and amenities
- Appliances:Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Laundry Upper Level, Washer
- Amenities:Cable Available, Ceiling Fans(s), Central Vaccum, Electricity Available, Living Room/Dining Room Combo, Primary Bedroom Upstairs, Solid Surface Counters, Thermostat
- Pool features:Public Pool
Parking
- Parking description:Ground Level, On Street
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