6816 SW 4TH PLACE Gainesville, FL $ 2,200,000
6816 SW 4TH PLACE
$ 2,200,000
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6816 SW 4TH PLACE

Gainesville, FL, 32607
$ 2,200,000
Bedrooms-- Baths-- Sq 6,148

Monthly Estimate*

$ 13,891

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Commercial Property for sale in Gainesville, FL

for $2,200,000. This 6,148 square foot building was built in 1983 on a lot size of 0.35.

Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 9,979

Style

Multi Family (5+)

Lot Size

0.35

Year Built

1983

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

O6419367

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Capable Electricity Available Public Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Dryer Refrigerator Washer
Zoning R-3
Security Features Smoke Detector(s)
Construction Materials Block
Year Built 1983
Levels Two
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Commercial Sale
Subdivision Name CEDAR RIDGE VILLAS
Status Active
Directions From Archer Rd & I-75 go north on I-75 to Newberry Rd go left onto Newberry go left on NW 75th Ave take a left on SW 8th Ave take a left on SW 67th Terrance take a left on SW 4th Pl 3rd building on the right. Leave the parking lot go right turn left on SW 69th St 2nd building on right is 422 SW 69th St
City GAINESVILLE
Number Of Units Total 8
MLS Area 32607 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 15246
Listing Terms Cash
Tax Annual Amount 9979.91
Property Condition Completed
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6419367
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 5
Legal Description CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 5221/2911
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Flooring Laminate Tile Vinyl
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Vegetation Trees/Landscaped
Lot Features City Lot Neighbourhood
Water Source Public
Lot Size Area 15246
Foundation Details Slab
Number of Buildings 1
Building Area Total 6770
Lot Size Acres 0.35
Road Surface Type Paved
Waterfront Y/N false
Number of Separate Electric Meters 8
Road Frontage Type Street Paved City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
vaseme@juno.com

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Affordability Calculator

$14,723
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
$832
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$2,200,000 Listed Price

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6816 SW 4TH PLACE, Gainesville, FL, 32607 is a Commercial Property for sale at $2,200,000 with 6,148 sqft and a lot size of 0.35. 6816 SW 4TH PLACE was built in 1983. The property's zip code is 32607 which is in Gainesville, FL