30
Map
407 NW 39TH RD #407C
About This Property
Enjoy the perfect combination of comfort, convenience, and low-maintenance living in this spacious **3-bedroom, 2-bathroom ground-floor condominium** located in the sought-after **Concordia** community in Gainesville, Florida. Whether you're a first-time homebuyer, University of Florida affiliate, healthcare professional, investor, or someone looking to downsize, this move-in-ready home offers everything you need in an unbeatable location.
The desirable ground-floor layout provides easy, stair-free access and features an open-concept living and dining area filled with natural light, creating a welcoming space for relaxing or entertaining. The generously sized bedrooms offer flexibility for family, guests, a home office, or roommates.
Step outside and take advantage of the community pool, located just a short walk from your front door-perfect for enjoying sunny Florida afternoons without the maintenance of a private pool.
Location is everything, and this condo delivers! Just minutes from the **University of Florida**, **UF Health Shands Hospital**, the **VA Medical Center**, Butler Plaza, Celebration Pointe, shopping, restaurants, grocery stores, parks, and entertainment. With quick access to major roads, commuting anywhere in Gainesville is simple and convenient.
Whether you're searching for a primary residence, a game-day retreat, housing for a UF student, or an income-producing investment property, this home offers outstanding value in one of Gainesville's most desirable locations.
Don't miss your opportunity to own an affordable condo close to UF, Shands, shopping, dining, and everything Gainesville has to offer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$149,000
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by PLATINUM REAL ESTATE | $159,000 | |
| Listed by PLATINUM REAL ESTATE | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2024
|
3 Bed
|
2 Bath
|
1242 ft²
|
$145,000
3 Bed
2 Bath
1242 ft²
|
$143,000
-1.38%
07/08/2024
|
Leslie Suskin
SUSKIN REALTY INC
| |
|
11/20/2020
| |
3 Bed
|
2 Bath
|
1242 ft²
|
$124,000
3 Bed
2 Bath
1242 ft²
|
-
-
|
-
|
|
06/11/2018
| |
3 Bed
|
2 Bath
|
1242 ft²
|
-
3 Bed
2 Bath
1242 ft²
|
-
-
|
-
|
|
11/30/-0001
|
3 Bed
|
2 Bath
|
1242 ft²
|
$124,900
3 Bed
2 Bath
1242 ft²
|
$120,000
-3.92%
07/16/2021
|
Lauretta Fogg
COLDWELL BANKER MM PARRISH
|
Building Info
- 1 Unit for Sale
About Gainesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017