tomo logo

$359,900

Beds
6
Baths
4.0
sq ft
2,512

1717 SW 63rd Ave, Gainesville, FL 32608

1717 SW 63rd Ave

GAINESVILLE, FL 32608

  • 1 day on market
Welcome to your home, where two distinct wings seamlessly blend into one exquisite residence. This captivating 6-bedroom, 4-bathroom property combines the charm of Classic Florida architecture with the convenience of modern living. Situated on two wooded acres adorned with hickory, oak, and magnolia trees, this unique abode offers a serene escape while being conveniently close to downtown, Shands and UF. The first wing, a single-story gem, boasts a timeless Classic Florida style with varnished heartwood pine floors and trim. This features 3 bedrooms, 2 bathrooms, and a deck that beckons you to unwind and enjoy the natural beauty that surrounds. Perfect for those seeking single-level living, this wing exudes warmth and character. The second two-story wing presents a versatile layout, complete with an in-law suite, full kitchen, and inviting living room. This space offers endless possibilities, including an efficiency with a private entrance and bath, enhancing the potential for a rental property, providing both comfort and privacy. The second wing's design effortlessly accommodates multi-generational living or can be transformed into a lucrative rental opportunity. Embrace the rich history of this home, with ties to the local treasure Paynes Prairie, and take advantage of the zoning that allows for a Bed & Breakfast with 5 rental rooms if the owner lives on-site. The potential for creating a unique and profitable hospitality experience is at your fingertips. This property not only offers a unique living experience but also serves as a wise investment opportunity. Recent updates include a remodeled kitchen and kitchenette, modernized bathrooms, and new appliances, all enhancing the home's appeal. Make this historic haven your own, where the past and future converge in perfect harmony. Seize the chance to own a residence that transcends the ordinary, with the allure of Classic Florida design and income-generating possibilities. Don't miss this rare opportunity to invest in a property that promises both charm and profit! * One or more photos virtually staged*

Details

Property type

Single Family Residence

Est. home value

$451,879

Lot size

2.0 acres

Price per sq ft

$144

Year built

1900

Annual property taxes

$5,421.25

HOA

No

Price History

10/06/2024
StellarMLS

StellarMLS #GC525505

Listed
$359,900
-7.72%
02/27/2024
StellarMLS

StellarMLS #GC517879

Removed
$390,000
01/17/2024
StellarMLS

StellarMLS #GC517879

Pending
$390,000
+47.23%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$326,773
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$4,335
Cash to seller
$326,773

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Planet Home Lending Llc

Loan start date

January 2024

Original loan amount

$4,347

Est. remaining balance

$4,335

Interest rate

7.29%

Loan type

FHA, 40 year

Seller

Lisa M Demanuel and Iver Thue

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/07/2024 at 4:20 AM

Listing updated: 10/06/2024 at 5:23 PM

Listed by: Raven Knowles, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Phone #: (352) 240-0600

MLS: StellarMLS #GC525505

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