$425,000
$20K PRICE DROP

2704 NW 1st Ave Gainesville, FL 32607

Estimated payment $2,737/month

Total Views 9,874
3 Beds
2 Baths
1,178 Sq Ft
$361 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Gainesville High School Rated A
  • Living Room
  • Ceiling Fan

About This Home

Investor Alert! – Renovated 3/2 in Hibiscus Park with Garage Conversion Potential!
Looking for a home near the University of Florida? This beautifully updated 3-bedroom, 2-bath concrete block home in sought-after Hibiscus Park sits on a large corner lot just off West University Avenue—less than a mile from Ben Hill Griffin Stadium! Whether you're searching for a smart investment or planning ahead for your future Gator, this property checks all the boxes. Currently leased through July 31, 2026, this home has strong rental history and consistent income. When the lease ends, move in or convert it into the ultimate Gator retreat.
Inside, you'll find a spacious layout with an inviting living room, formal dining area, and an upgraded kitchen with modern finishes. The split floor plan offers privacy, with a huge primary suite featuring built-in shelving and a walk-in closet. Both guest bedrooms are generously sized, and both bathrooms have been tastefully renovated. Looking to expand? The enclosed garage is accessible through the laundry room and is perfect for conversion into a 4th bedroom, home office, gym, or flex space—a rare find in this area!

Additional highlights: New roof in 2019, Ample off-street parking, Fully fenced backyard for entertaining Walkable to UF, Publix, midtown, and dining Homes this close to campus with this much potential don’t come around often. Don’t miss out on this prime opportunity in Gainesville's Hibiscus Park—live close, rent smart, or plan for your student's future!

Listing Agent

Jamie Williams

BROXSON REAL ESTATE GROUP Brokerage Phone: 352-278-4648 License #3491384 Listed on: 02/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,770

Year Built

  • Built in 1948

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Property is zoned RSF3

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,178 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hibiscus Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,770

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1178
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 1744
  • Lot Size Sq Ft: 6970
  • Directions to Property: Head East on Newberry road from I75 until you reach NW 27th Terrace and make a left. Make your first right House is on the left
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793696
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 360.78
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-278-4648
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 2704
  • Living Area Meters: 109.44
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-09-24
  • Flood Zone Panel: 12001C0313E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Hibiscus Park

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF3
  • Parcel Number: 06457-001-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 648

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 5770
  • Tax Book Number: B-35
  • Tax Lot: 1

Multi Family

  • Currency Monthly Rent Amt: 2100.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,425 $256,057 $95,000 $161,057
2023 $5,425 $236,642 $75,000 $161,642
2022 $3,442 $162,211 $75,000 $87,211
2021 $3,171 $139,658 $56,250 $83,408
2020 $2,846 $119,632 $34,375 $85,257
2019 $2,965 $121,480 $34,375 $87,105
2018 $2,641 $113,600 $34,400 $79,200
2017 $2,677 $112,200 $34,400 $77,800
2016 $2,520 $103,500 $0 $0
2015 $2,547 $102,500 $0 $0
2014 $2,459 $97,900 $0 $0
2013 -- $99,100 $34,400 $64,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $425,000 -4.5% $361 / Sq Ft
02/13/2025 02/13/25 For Sale $445,000 +21.9% $378 / Sq Ft
05/08/2024 05/08/24 Sold $365,000 +2.8% $310 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
04/17/2024 04/17/24 Price Changed $355,000 +1.4% $301 / Sq Ft
04/16/2024 04/16/24 For Sale $350,000 +25.0% $297 / Sq Ft
05/16/2022 05/16/22 Off Market $280,000 -- --
03/12/2022 03/12/22 Sold $260,000 -7.1% $221 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $280,000 0.0% $238 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $280,000 -- $238 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Warranty Deed $260,000 Us Title
Warranty Deed $192,000 --
Warranty Deed $132,500 --
Warranty Deed $50,000 --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 New Conventional
Previous Owner $138,000 Fannie Mae Freddie Mac
Previous Owner $106,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: GC528227

Stellar MLS

APN: 06457-001-000