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Active Commercial

6816 SW 4TH PLACE

Gainesville, FL 32607

STELLAR #O6419367 Updated: Jun 29, 2026, 3:38pm
$2,200,000
0 Beds • 0 Baths • 6,148 SqFt
Property
ActiveCommercial
1/11
$2,200,000

6816 SW 4TH PLACE

Gainesville, FL 32607
0
Beds
0
Baths
6,148
SqFt
0.35
Acres
STELLAR
#O6419367
Updated: Jun 29, 2026, 3:38pm

Property Description

Virtually Staged. Stabilized 16-Unit Multifamily Portfolio | 8.3% Current Cap Rate | Gainesville, FL Incredible opportunity to acquire a 94% occupied, high-yielding investment property spread across two contiguous 8-unit parcels. Features eight 1BR/1BA and eight 2BR/2BA units with immediate organic upside to market rents. Recent ownership-funded capital improvements include partial roof repairs, brand-new HVAC systems, appliance upgrades, and a fully renovated modern unit. Strong cash flow anchored by premium VA and other government housing programs. Located entirely in Flood Zone X with no HOA fees. Unbeatable location off I-75, just 8 minutes from North Florida Regional Medical Center and under 15 minutes to the University of Florida campus. Act fast to add this turnkey cash-cow to your commercial portfolio! Contact listing agent for the full OM.
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Included Appliances
DishwasherDryerRefrigeratorWasher

Property Details

Interior
Appliances
DishwasherDryerRefrigeratorWasher
Building Area Total
6770
Cooling
Central Air
Flooring
LaminateTileVinyl
Heating
Central
Living Area
6148
Security Features
Smoke Detector(s)
Virtually Staged
Yes
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
8
Property Condition
Completed
Roof
Shingle
Stories Total
2
Year Built
1983
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
City LotNeighbourhood
Lot Size Acres
0.35
Lot Size Area
15246
Lot Size Square Feet
15246
Lot Size Units
Square Feet
Number Of Separate Electric Meters
8
Public Survey Range
19
Public Survey Section
4
Road Frontage Type
Street PavedCity Street
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
BB/HS Internet CapableElectricity AvailablePublicWater Connected
Vegetation
Trees/Landscaped
Water Source
Public
Zoning
R-3
Financials
Calculated List Price By Calculated Sq Ft
324.96
Contract Status Change Date
2026-06-24
Current Price
2200000
Feed Types
BBO
Owner Name
SOLOMON SIMMONDS ENTERPRISES LLC
Ownership
Fee Simple
Parcel Number
06655070005
Public Survey Township
10
Tax Annual Amount
9979.91
Tax Book Number
M-19
Tax Legal Description
CEDAR RIDGE VILLAS PB M-19 LOT 5 OR 5221/2911
Tax Lot
5
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32607 - Gainesville
Subdivision Name
CEDAR RIDGE VILLAS
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 3:38pm.
Reuben Simmonds, Jr

Listing Agent

BLAIR REALTY GROUP INC

Call Agent
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