by Global Lifestyle Properties

See Home Value
$409,000
● House - Off Market

1318 NW 7TH ROAD

GAINESVILLE, FL 32603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,561 Ft²
$2,703
Est. Monthly
3.93%
Cap Rate

About This Property

INVESTOR ALERT! Leased through July 31st, 2026. Close and collect passive income for the next 12 months!! Spacious Ocala block home within WALKING DISTANCE to UF undergraduate classes, the business college, Publix, Chik-Fil-A, and more! Only 1 MILE from Ben Hill Griffin Stadium, this well-maintained property features 3 large bedrooms, 2 full bathrooms, and a quarter bath. Its stylish and welcoming with beautifully restored original hardwood floors and plenty of windows that flood the home with natural light. The hallway bedrooms are generously sized, and the primary bedroom includes a private bathroom with large storage closet and a dual vanity sink. The home also has a new AC unit and water heater!! There are multiple spaces for entertaining, including a screened-in patio off the living room, a covered back patio off the kitchen, and a large concrete pad in the backyard-perfect for grilling/'homegates'. With over 2,400 square feet under roof, the large carport offers potential for enclosure to add a garage or additional living space. Don't miss this rare home with an unbeatable location!
Unit Size
1,561 Ft²
Days on Market
66 days
Land Size
0.30 acres
Price per sqft
$275
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1954

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Last updated: 2 years ago (Stellar MLS #GC531891)

Price History

Date / Event Date Event Price
Aug 27, 2025 Sold
Sold
Jul 22, 2025 In contract -
In contract
Jun 17, 2025 Listed by UNIVERSITY REALTY $429,900
Listed by UNIVERSITY REALTY
Apr 13, 2025 Price Decreased $435,000
↓ $10K (2.3%)
Price Decreased
Apr 11, 2025 Relisted $445,000
Relisted
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Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 3
  • Garage Square Area: 486
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,561
  • Gross Building Area: 1,741
  • Building Area: 1,561
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,561
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY ESTATES
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: UNIVERSITY ESTATES PB D-86 LOT 2 LESS E 25 FT OR 1400/925) OR 5021/1763

Neighborhood

  • School District Name: Alachua County School District
  • Census Tract: 001000

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: QTR SEC 3949
  • Parcel: 15204-002-000
  • Lot: 2
  • Meridian: SEC 06 TWN 10S RNG 20E
  • Municipality: GAINESVILLE
  • Latitude: 29.6581
  • Longitude: -82.34

    Address

  • Full Address: 1318 Nw 7th Rd
  • Address - House Number: 1318
  • Street Direction: NW
  • Address - Street Name: 7th
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Gainesville
  • Carrier Code: C005
  • 4-Digit Zip Code: 1319
  • Zip Code: 32603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $709,587
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.1919
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 74
  • Final Value: 390,108
  • High Value: 464,995
  • Low Value: 315,220

    Market Valuation

  • Market Total Value: $309,205
  • Market Land Value: $185,000
  • Market Improvement Value: $494,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,205
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $124,205

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3432169
  • Previous Sale Recording Date: Feb 17, 2014
  • Previous Sale Contract Date: Feb 10, 2014
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University Park


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Nearby Rentals

Unit for rent at 2635 W University Avenue, GAINESVILLE, FL, 32607

$1,900 /mo

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2635 W University Avenue, GAINESVILLE, FL, 32607 Listing by Chris Martin
Unit for rent at 1410 Nw 7th Road, GAINESVILLE, FL, 32603

$2,200 /mo

  • 4 Beds
  • 3 Baths
  • 1,853 ft²
1410 Nw 7th Road, GAINESVILLE, FL, 32603 Listing by Martha McCullough
Unit for rent at 727 Nw 4th Avenue, GAINESVILLE, FL, 32601

$1,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,291 ft²
727 Nw 4th Avenue, GAINESVILLE, FL, 32601 Listing by Connor Williams


Frequently Asked Questions

When was property at 1318 Northwest 7th Road built and last sold?
The property at 1318 Northwest 7th Road was built in 1954 and last sold on Jul 7, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 1318 Northwest 7th Road is $0.
What are some comparable homes to 1318 Northwest 7th Road?
There are currently no comparable homes to 1318 Northwest 7th Road.