Movoto Real Estate
Sold on 03/24/2025
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6816 SW 4th Pl, Gainesville, FL 32607

  • $2,149,000

    Last sold 03/24/2025 for $1.72M

  • bed

  • bath

  • 12,296

    Sqft ($140/Sqft)

Multi-family not for sale
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About 6816 SW 4th Pl

Property type Multi-family
Year built 1983
HOA fee $0/month
Lot size 0.35 Acre
Movoto estimate
Rental estimate
Property description
Explore your income-generating properties situated in the heart of Gainesville! These two exclusive apartment buildings feature a total of sixteen units, offering a rare opportunity for complete control without any HOA fees. The units comprise 8 two-bedroom/one-bathroom layouts and 8 one-bedroom/ one-bathroom layouts.Recent partial renovations, excluding two units, include updates to floors, paint, baseboards, toilets, and other cosmetic enhancements. Half of the AC units are less than 6 years old, with the remainder older. Strategically positioned, the property is just minutes away from shopping and dining, conveniently located off SR75 South to Orlando and North to Tallahassee, 8 minutes from North Florida Hospital and approximately 45 minutes from the University of Florida, providing unmatched convenience and access to the city's vibrant amenities.Despite its prime location, current leases are below market value, offering a promising opportunity to increase returns. Fully occupied with tenants including Section 8, VA, and open market renters, these units present an attractive option for investors seeking stable cash flow. Updated interiors ensure tenant satisfaction and minimal upkeep, allowing for seamless portfolio growth.Don't miss this outstanding chance to own sixteen income-producing properties. Take control of your financial future with this profitable investment opportunity. Schedule a viewing today and discover effortless property ownership at its finest!
Listed by
Listing Agent - Moshe Sheffi
Listing Agent Contact: 321-945-2367
Listing Office - HPL REALTY INVESTMENTS
Source: Stellar MLS mls logo
MLS#O6274431 • last updated 1 year ago
Movoto checked Stellar MLS for data 8 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
Type Residential Income
SubType Multi Family
Status Pending
MLS # O6274431
SqFt 12296
Lot Size (Acres) 0.35
Lot Size (SqFt) 15246
Property Tax 15405
Year Built 1983
Interior
Laundry Laundry Closet
Interior Features Ceiling Fans(s)
Exterior
Exterior Other
Roof Shingle
Foundation Slab
Amenities / Utilities
Utilities Desc Public
Sewer Public Sewer
Location
County Alachua
Subdivision CEDAR RIDGE VILLAS
APN 06655-070-005
Zoning R-3
Multifamily Details
Total # of Units 16
Financial Data Source Owner
Annual Gross Income 205356
Lot/ Land Details
Number Of Lots 2
Road Surface Type Asphalt
Additional Parcels Desc 06655-070-009
$2.14M
Range: $2.02M-$2.27M
Last 30 days 
Rental est.: $733/month
Gross rent multiplier: 195.5
  • Jul 2025
    mls logo MLS # O6274431
  • Jul 3, 2025 Sold
    $1,720,000
  • Mar 29, 2025 Pending
  • Feb 13, 2025 Listed
  • Feb 6, 2025 Pending
  • Feb 2, 2025 Listed
  • Jan 29, 2025 Pending
  • Jan 21, 2025 Listed
    $1,699,000 (+13.3%)
  • Jul 2025
    Public Records
  • Jul 3, 2025 Sold
    $1,720,000 (+1.2%)
  • Dec 2022
    Public Records
  • Dec 1, 2022 Sold
    $1,500,000 (+669.2%)
  • Nov 2016
    Public Records
  • Nov 30, 2016 Sold
    $195,000
  • Year Property taxes Tax assessment
  • 2024
    $8,994 +12.3%
    $421,601 +31.68%
  • 2023
    $8,006 +40.4%
    $320,178 +10.62%
  • 2022
    $5,703 +8.1%
    $289,449 +15.36%
  • 2021
    $5,278 +11.4%
    $250,908 +18.65%
  • 2020
    $4,736 +9.3%
    $211,462 +18.02%
  • 2019
    $4,335 +9.2%
    $179,177 +14.13%
  • 2018
    $3,970 +10.6%
    $157,000 +25.6%
  • 2017
    $3,590 +7.6%
    $125,000 +13.52%
  • 2016
    $3,337 +3.4%
    $110,110
  • 2015
    $3,227
  • 6816 SW 4th Pl
    $1.72M
  • 32607
    $280K +2% y/y
  • Gainesville
    $299K -3% y/y
No chart available
Statistics calculated by Movoto

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3/10
6/10
F. W. Buchholz High School
public Grades 5, 9-12
Alachua
4/10
Source: GreatSchools.org © 2026. All rights reserved.

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