tomo logo

$120,000

Beds
4
Baths
2.0
sq ft
918

914 SW 8th Ave Unit 18, Gainesville, FL 32601

914 SW 8th Ave Unit 18

GAINESVILLE, FL 32601

  • 98 days on market
Wow! Investors Alert! Increase your revenue with the addition of this 4/2 condo to your portfolio. This excellent investment opportunity is close to the University of Florida campus; in close proximity to Shands Hospital and the VA Hospital. This attractive condominium investment opportunity, which boasts 4-bedrooms and two full baths, has the potential to be a high-income producing unit to add to the portfolio of a seasoned investor or to the newcomer in the investment arena. This unit features laminate vinyl and ceramic tile flooring throughout, as well as updated kitchen appliances. Do not delay and miss this impressive opportunity; take a look today, bring all offers as the seller is highly motivated and ready to negotiate.

Details

Property type

Condominium

Est. home value

$125,810

Lot size

Unknown

Price per sq ft

$131

Year built

1969

Annual property taxes

$1,466

Monthly HOA fee

$370

Price History

04/19/2024
StellarMLS

StellarMLS #GC521280

Listed
$120,000
+41.18%
11/02/2021
StellarMLS

StellarMLS #GC447195

Sold
$85,000
+54.55%
04/12/2018
StellarMLS

StellarMLS #GC409765

Sold
$55,000
-3.51%

Schools & Community

Elementary school: 

J. J. Finley Elementary School-AL

Middle school: 

Kanapaha Middle School-AL

High school: 

Gainesville High School-AL

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

$54,373
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$56,027
Cash to seller
$54,373

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2021

Original loan amount

$59,500

Est. remaining balance

$56,027

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Carlos Cateriano

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?

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Status: Active

Tomo last checked: 07/26/2024 at 9:55 AM

Listing updated: 04/20/2024 at 6:54 AM

Listed by: Teresa Osoba, SWANZ PREMIER REALTY LLC Phone #: (352) 219-8503

MLS: StellarMLS #GC521280

StellarMLS logo

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