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Alachua County · Gainesville, FL 32606

Cash Deal in GAINESVILLE, FL 32606

$240,100
3
Beds
2
Baths
1,338
Sq ft
1983
Year built
$15K spread

About this property

This well-maintained 3-bedroom, 2-bathroom townhouse in the established Timberway community of northwest Gainesville, built in 1983, offers 1,338 square feet across two floors, including a first-floor bedroom and full bathroom. Recent updates include a newer AC, water heater, roof, French doors, and kitchen appliances, complemented by a mix of carpet, tile, and wood flooring, ceiling fans, a rear porch, and a brick exterior; the home is unfurnished, has no pool, sits in Flood Zone X, and is conveniently positioned near shopping, dining, UF Health, and I-75. The purchase price is $240,100 with an estimated ARV of $255,000, and the HOA fee is $145.00 per month for a total monthly payment of $145.00, with the HOA currently finalizing its restrictions. Estimated exit scenarios include an average long-term rental of $1,882 per month and an average short-term rental of $4,575 per month.

Property snapshot

Layout3 Bed / 2 Bath
Living area1,338 sq ft
Lot size1 sq ft
Year built1983
Property typeTownhouse
CountyAlachua County

Deal details

Asking price$240,100
ARV estimate$255,000
Spread (ARV − asking)$14,900
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$240K
ARV est.
$255K
Spread
$15K
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M
Ms. Meriam
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