13 days on rocket

2905 SW Archer Rd Unit 5005, Gainesville, FL, 32608

$159,900

Home List Price

$1,899*

Closing Credit

2 Bedrooms
2 Full Baths
800 SqFt
$200/SqFt
Condo
Schools Nearby

Location

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2905 SW Archer Rd Unit 5005, Gainesville$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1998
HeatingCentral
CoolingCentral Air
MLS #GC521259
StatusActive

About 2905 SW Archer Rd Unit 5005

INVESTOR ALERT! Close and begin collecting rent immediately on this well-maintained 2 bed/2 bathroom condominium just up the street from the University of Florida, Shands Hospital and the VA. Already leased through July 31st, 2025 with rents secured at $1,300 for the 2024 - 2025 leasing season! Each bedroom features a private bathroom and walk-in closet. The floor plan has a split plan with an spacious open concept kitchen/living/dining combo. The current owner has replaced the flooring with durable luxury vinyl plank flooring that will last - no messy carpet! There is a community pool and bus stop outside the community with several direct bus routes to UF and Shands. It's so rare that a hassle free, well maintained investment presents itself in such an idyllic location. There's even a professional property management company already in place for any out-of-town investors. Come experience the true definition of passive income!

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 2
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: UNIVERSITY REALTY
  • Office Phone: (352) 327-9500
  • Listing Agent: Matt Price

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eastside High School, Public Magnet Grades 9-12
  • Kanapaha Middle School, Public District Grades 6-8
  • Idylwild Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From SW 34th ST, head east on Old Archer Rd. Capstone Quarters is off Old Archer Rd right before Brandywine. Unit is in Building O and located on the back side of the building on the second floor

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $200/SqFt
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Housing Market Comparison

See how this home compares to others in Gainesville, FL.

Med. Sold Price

$311K

Med. Price/SqFt

$198

Avg. Days On Market

42

# of Sold Homes

240

2905 SW Archer Rd Unit 5005 vs Gainesville

13 DAYS ON ROCKET

-29 Days

$159,900

-$151.1K Less

$200/SqFt

+$2 More

KEY TAKEAWAY

This property is $151.1K less than the Median Sold Price and $2/SqFt more than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC521259

Listing Office:

  • Office Name: UNIVERSITY REALTY
  • Office Phone: (352) 327-9500
  • Listing Agent: Matt Price

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 6:19:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5519685
1
/10
  • Idylwild Elementary School

  • 4601 SW 20th Ter

  • 1.76 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5519686
4
/10
  • Kanapaha Middle School

  • 5005 SW 75th St

  • 3.56 miles

  • Public District Grades 6-8

High School

school-card-donut-5519687
4
/10
  • Eastside High School

  • 1201 SE 43rd St

  • 5.93 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,403. The majority of Gainesville, FL residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2905 SW Archer Rd Unit 5005

What is the listing price of this property?

The listing price of 2905 SW Archer Rd Unit 5005 property is $159,900.

What type of property is this?

The property 2905 SW Archer Rd Unit 5005 is a condo located in Gainesville, Florida, 32608.

Is this property for sale now?

Active Listing: 2905 SW Archer Rd Unit 5005 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2905 SW Archer Rd Unit 5005 are:
Idylwild Elementary School: GreatSchools Rating 1/10
Kanapaha Middle School: GreatSchools Rating 4/10
Eastside High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 2905 SW Archer Rd Unit 5005 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2905 SW Archer Rd Unit 5005 is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2905 SW Archer Rd Unit 5005 is 1998.

Rocket Homes›Florida›Alachua County›Gainesville›32608›2905 SW Archer Rd Unit 5005

This home is located at 2905 SW Archer Rd Unit 5005 in Gainesville, FL and zip code 32608 in the Southwest Gainesville neighborhood. This 800 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $159,900.

While more than 37 listings in Gainesville, FL in April 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 138 were sold below. The inventory of homes for sale in Gainesville, FL between March 2024 and April 2024 increased by 3.6%. While the average time on the market in April 2024 was 42 days, the median list price was $311,018.

From Rocket Homes Real Estate and based on county public records data.

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