House for Sale
$217,500
3 bd · 1 ba · 1,324 sqft
GAINESVILLE, FL 32641 · MLS# OM724380 · Active · LAKE RIDGE SUB
Nestled just minutes from the University of Florida campus, this concrete-block charmer offers the ultimate turnkey opportunity for savvy investors seeking an immediate, hassle-free revenue stream. The property comes complete with a reliable, long-term tenant already in place, allowing you to bypass the traditional marketing and leasing phase and collect instant rental income from day one. Built to last, the durable concrete block construction provides excellent structural peace of mind and true Florida-proof dependability. High-ticket capital expenditures have already been addressed, highlighted by a young roof installed in 2019 and a reliable HVAC system from 2018, ensuring efficient climate control and lower maintenance costs for years to come. The interior features a highly functional layout designed to maximize rental appeal and tenant comfort. A large, inviting living room serves as the central hub for relaxation, entertainment, or student study sessions, while three spacious bedrooms offer private, roomy accommodations that remain consistently in high demand. Outside, a fully fenced backyard creates a private oasis perfect for pets, outdoor gatherings, or relaxing in a hammock under the Florida sun. Positioned under ten minutes from UF, this location is exceptionally convenient for students, university faculty, healthcare professionals, and anyone looking to eliminate long daily commutes. Please note that the listing photos have been virtually staged to showcase the property's full aesthetic potential. Preferred lender credit $500.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
4808 NE 3RD PLACE, GAINESVILLE, FL 32641 · See all Gainesville homes for sale
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4808 NE 3RD PLACE is a single family home for sale in GAINESVILLE, FL 32641. This property was listed for sale on May 8, 2026 by RABELL REALTY GROUP LLC, it's currently listed at $169,000. This listing's school district is Alachua Public Schools. 4808 NE 3RD PLACE is a 3-bed, 1-bath, 936 sqft single family home built in 1971.