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.
Property Details
Price:
$169,000
MLS #:
OM724380
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LAKE RIDGE SUB
Neighborhood:
32641gainesville
Listed Date:
May 12, 2026
Finished Sq Ft:
936
Total Sq Ft:
1,072
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1971
See this Listing
Schools
Interior
Appliances
Microwave, Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Ceiling Fan(s)
Laundry Features
Laundry Closet
Levels
One
Exterior
Construction Materials
Concrete
Covered Spaces
1
Direction Faces
East
Exterior Features
None
Roof
Shingle
View
Garden
Financial
Tax Year
2025
Taxes
$3,158
Map
Community
- Address4808 NE 3RD PLACE GAINESVILLE FL
- SubdivisionLAKE RIDGE SUB
- CityGAINESVILLE
- CountyAlachua
- Zip Code32641
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Single Family in GAINESVILLE as of Aug 29, 2026
701
Single Family Listed
98
Avg DOM
225
Avg $ / SqFt
$454,583
Avg List Price
Property Summary
- Located in the LAKE RIDGE SUB subdivision, 4808 NE 3RD PLACE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32641. It is listed for $169,000 and features 3 beds, 1 baths, and has approximately 936 square feet of living space, and was originally constructed in 1971. The current price per square foot is $181. The average price per square foot for Single Family listings in GAINESVILLE is $225. The average listing price for Single Family in GAINESVILLE is $454,583. To schedule a showing of MLS#om724380 at 4808 NE 3RD PLACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of RABELL REALTY GROUP, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 4808 NE 3RD PLACE
GAINESVILLE, FL
