Property Description
Price Reduced to $120,000 - Excellent Investment Opportunity! Well-positioned in an area with consistent rental demand just ~10 minutes from the University of Florida, this 2-bedroom, 1-bath condominium offers a compelling opportunity for investors or buyers seeking value in a convenient Gainesville location with easy access to shopping, dining, and major roadways. The property features a functional layout, private fenced backyard, and additional storage space, features not commonly found at this price point that may enhance tenant appeal. Interior includes wood flooring in the living areas and bedrooms, with tile flooring in the kitchen and bathroom for durability and ease of maintenance. Recent updates include HVAC (2021) and roof (2025), providing added value. Based on market estimates, potential monthly rental income may range from $1,100 to $1,300.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Lot Size: 0.02 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,224
Year Built: 1981
Square Feet: 822
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
None
Feature Descriptions
Appliances: Cooktop, Dryer, Electric Water Heater, Refrigerator, Washer
Community Features: None
Days on Site: 31
Directions: Coming from the Oaks Mall start out going east on W Newberry Rd/FL-26 towards NW 62nd St. Turn right onto NW 62nd St. Go straight on NW 62nd St which becomes SW 62nd Blvd. Turn left onto SW 20th Ave. Turn left onto SW 42nd St. Continue a short distance an
Flood Zone Code: X
Flooring: Hardwood, Tile
Foundation: Slab
HOA Fee: 170/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.02
Other Equipment: None
Ownership: Condominium
Pets Allowed: Yes
Pets Restrictions: Buyer must verify all pet restrictions directly with the association
Pets Weight (Max): 100
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Supra Lock Box
Special Sale Provisions: None
Utilities: Electricity Available, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RES
Room Sizes
Primary Bedroom: 16x10
Bedroom 2: 10x9
Kitchen: 10x9
Living Room: 10x9
Listed By / Shown By
Listed By
Agency Name: EXP REALTY LLC
Agency Contact: 888-883-8509
Shown By
Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 827.12 per month $606.79 Principal & Interest $185.33 Property Tax $35.00 Homeowner's InsuranceChange Payment Information
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1420 SW 42nd Street, Unit B | MLS# GC538525
This condo located at 1420 SW 42nd Street, Unit B, Gainesville, FL 32607 is currently listed for sale with an asking price of $120,000. This property was built in 1981 and has 2 bedrooms and 1 full baths with 822 sq. ft. SW 42nd Street, Unit B is located in the ALAMAR PLACE CONDO subdivision. Search ALAMAR PLACE CONDO real estate on www.myhouseofwindsor.com today.