2 months on rocket

2904 SW 31st Ter, Gainesville, FL, 32608

$750,000

Home List Price

$8,906*

Closing Credit

2 Bedrooms
1 Full Bath
787 SqFt
$953/SqFt
House

Location

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2904 SW 31st Ter, Gainesville$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingOther
CoolingNone
ViewCity
MLS #GC524735
Lot Size1.09 Acres
StatusActive

About 2904 SW 31st Ter

Welcome to this prime Real Estate opportunity located in the heart of Gainesville! I can honestly say that you will never find one like this again because it's true, as there is simply no other property of its kind left in this location. Once you grasp the property's location and potential you will realize this is truly a once-in-a-lifetime opportunity. This multi-use zoned commercial property offers incredible potential for up to 8 stories of development, making it an ideal investment for commercial, residential, or mixed-use purposes. Roof-top pools and Bars are some of the features this type of zoning will accommodate. The central location provides unmatched convenience and accessibility, presenting a rare chance to be part of the vibrant growth and development of the city. Don't miss this extraordinary chance to bring your vision to life in one of Gainesville's most sought-after areas! This prime property is conveniently located within a short distance of the VA Hospital, Shands Hospital, and the University of Florida, making it an ideal location for medical facilities, research centers, or housing for hospital staff and pupils. THIS SALE INCLUDES 2 PARCELS: 06779-002-000 AND 06779-001-000 Tour the property and its potential today.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1
  • Living Area: 787 SqFt

Listing Office:

  • Office Name: WATSON REALTY CORP- TIOGA
  • Office Phone: (352) 274-2600
  • Listing Agent: Matthew Perry

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Other
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Other

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 1.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: From Archer Road turn onto Old Archer Road and enter through 31st Terrace. The property is at the rear of the development.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $953/SqFt

Tax Information:

  • Annual Amount: $1,109
  • Tax Year: 2020
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Housing Market Comparison

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

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Gainesville, FL

City

Med. Sold Price

$308K

Med. Price/SqFt

$196

Avg. Days On Market

60

# of Sold Homes

132

2904 SW 31st Ter vs Gainesville

77 DAYS ON ROCKET

+17 Days

$750,000

+$442K More

$953/SqFt

+$757 More

KEY TAKEAWAY

This property is $442K more than the Median Sold Price and $757/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: #GC524735

Listing Office:

  • Office Name: WATSON REALTY CORP- TIOGA
  • Office Phone: (352) 274-2600
  • Listing Agent: Matthew Perry

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.
Last updated on: 11/13/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2006Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,109$43,549
2019$1,149$44,225
2018$1,107$45,500
2017$1,150$46,200

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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.

Nearby Schools

school-card-donut-31157
8
/10

  • Expressions Learning Arts Academy

  • 5408 SW 13th St

  • 2.26 miles

  • Public Charter Grades KG-5

school-card-donut-31158
6
/10

  • Littlewood Elementary School

  • 812 NW 34th St

  • 2.41 miles

  • Public District Grades KG-5

school-card-donut-31159
4
/10

  • Carolyn Beatrice Parker Elementary School

  • 1912 NW 5th Ave

  • 2.45 miles

  • Public District Grades KG-5

All data from GreatSchools

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. Most families are 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 2904 SW 31st Ter

What is the listing price of this property?

The listing price of 2904 SW 31st Ter property is $750,000.

What type of property is this?

The property 2904 SW 31st Ter is a house located in Gainesville, Florida, 32608.

Is this property for sale now?

Active Listing: 2904 SW 31st Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,109 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 27, 2006 for $40,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2904 SW 31st Ter has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2904 SW 31st Ter is 787 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2904 SW 31st Ter is 1955.

Rocket Homes›Florida›Alachua County›Gainesville›32608›2904 SW 31st Ter

This home is located at 2904 SW 31st Ter in Gainesville, FL and zip code 32608 in the Southwest Gainesville neighborhood. This 787 square foot home, which was built in 1955, sits on a 1.09 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $750,000.

In October 2024, from all listings sold in Gainesville, FL there were more than 11 sold above asking price, over 101 sold below and more than 20 were sold right at the asked price. The number of listings in Gainesville, FL decreased by 0.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $308,000, while the average time on the real estate market was 60 days.

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

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