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Active Condo

5062 NW 44TH LANE 102

Gainesville, FL 32606

STELLAR #GC530660 Updated: Apr 22, 2026, 3:08pm
$209,900
2 Beds • 3 Baths • 1,275 SqFt
Property
ActiveCondo
1/33
$209,900

5062 NW 44TH LANE 102

Gainesville, FL 32606
2
Beds
3
Baths
1,275
SqFt
0
Acres
STELLAR
#GC530660
Updated: Apr 22, 2026, 3:08pm

Property Description

One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs.

Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.
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Included Appliances
CooktopDishwasherDryerMicrowaveRefrigeratorWasher

Property Details

Interior
Appliances
CooktopDishwasherDryerMicrowaveRefrigeratorWasher
Bathrooms Total Decimal
2.5
Building Area Total
1275
Cooling
Central Air
Floor Number
2
Flooring
CarpetLaminate
Heating
Central
Interior Features
Ceiling Fan(s)High CeilingsLiving Room/Dining Room ComboThermostatWalk-In Closet(s)
Laundry Features
Laundry Closet
Living Area
1275
Rooms Total
3
Virtually Staged
Yes
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BrickVinyl SidingWood Frame
Direction Faces
South
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
Yes
Year Built
2003
Site & Exterior
Exterior Features
Sliding DoorsStorage
Flood Zone Code
A
I D X Participation
Yes
Public Survey Range
19
Public Survey Section
22
Road Surface Type
AsphaltPaved
Sewer
Public Sewer
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailablePublicSewer ConnectedUnderground UtilitiesWater Connected
Water Source
Public
Zoning
RESIDENTIA
Financials
Association Fee
236
Association Fee Frequency
Monthly
Association Fee Includes
Other
Calculated List Price By Calculated Sq Ft
164.63
Contract Status Change Date
2025-05-06
Current Price
209900
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Monthly H O A Amount
236
Owner Name
VINCENT & ANN SANTOSTEFANO
Ownership
Fee Simple
Parcel Number
06061080802
Public Survey Township
09
Tax Annual Amount
3235.32
Tax Legal Description
MAGNOLIA PLACE TOWNHOMES CONDOMINIUM CONDO BK 5 PG 62 BLDG 8 UNIT 802 & AN UNDIVIDED INT IN COMMON ELEMENTS OR 3535/1247 & OR 4013/1144
Tax Year
2024
Total Annual Fees
2832
Total Monthly Fees
236

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Contact HOA to verify.
Association Fee Requirement
Required
Association Name
MAGNOLIA PLACE TOWNHOMES
Association Phone
352-377-4977
Community Features
ClubhousePoolSidewalks
Lease Restrictions
Yes
M L S Area Major
32606 - Gainesville
Pets Allowed
Cats OKDogs OK
Subdivision Name
MAGNOLIA PLACE TWNHMS
Listing provided courtesy of STELLAR via IDX. Updated: Apr 22, 2026, 3:08pm.
Vincent Hampton

Listing Agent

ZORI REALTY

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