2833 NW 21ST TERRACE
Gainesville, FL 32605

$375,000 Under Contract
Subdivision: Leigh Estates Orman

Under contract-accepting backup offers. Very nice 4 BR 2 BA pool home in NW Gainesville. Currently used as an AirBnB, this investment opportunity features an established property that has generated over $70,000 so far this year. Excellently located near the University of Florida, UF Health, VA, and HCA hospitals, the home includes 4 bedrooms, 2 baths, a pool, and a 2 car garage. It has been meticulously maintained and updated, boasting a remodeled kitchen with wood cabinetry, granite countertops, and stainless steel appliances. The property also features tile flooring in the great room, dining area and all bedrooms. The pool is perfect for enjoying the summer days, and the roof was replaced in 2021. Also being offered as part of a 3 home portfolio package yielding over 18% CAP rate with gross income ($213,580 as of 12/9/24) offered at $1,150,000 via short term rentals in 2024. Ready for quick closing and immediate occupancy! Home comes fully furnished.

Basic Information
MLS#: GC526316
Price: $375,000
Square Footage: 1508
Price / Square Foot: $248.67
Bedrooms: 4
Bathrooms: 2 Full
Acreage: 0.23
Year Built: 1971
Details
HVAC: Central, Central Air
Exterior Features: French Doors
Elementary School: Glen Springs Elementary School-AL
Middle School: Westwood Middle School-AL
High School: Gainesville High School-AL
Virtual Tour: Click here
Listing Courtesy Of: WATSON REALTY CORP - 352-377-8899

by Savvy & Company LLC