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For sale
  • $169,000

    4808 NE 3RD PLACE, GAINESVILLE, FL 32641

    3beds
    936sqft
    : 
    $1,228/mo
    Get pre-qualified
    Single Family Residence
    Built in 1971
    0.25 Acres Lot
    $161,800 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Private oasisThree spacious bedroomsHighly functional layoutFully fenced backyard
    Nestled just minutes from the University of Florida campus, this concrete-block charmer offers the ultimate turnkey opportunity for savvy investors seeking an immediate, hassle-free revenue stream. The property comes complete with a reliable, long-term tenant already in place, allowing you to bypass the traditional marketing and leasing phase and collect instant rental income from day one. Built to last, the durable concrete block construction provides excellent structural peace of mind and true Florida-proof dependability. High-ticket capital expenditures have already been addressed, highlighted by a young roof installed in 2019 and a reliable HVAC system from 2018, ensuring efficient climate control and lower maintenance costs for years to come. The interior features a highly functional layout designed to maximize rental appeal and tenant comfort. A large, inviting living room serves as the central hub for relaxation, entertainment, or student study sessions, while three spacious bedrooms offer private, roomy accommodations that remain consistently in high demand. Outside, a fully fenced backyard creates a private oasis perfect for pets, outdoor gatherings, or relaxing in a hammock under the Florida sun. Positioned under ten minutes from UF, this location is exceptionally convenient for students, university faculty, healthcare professionals, and anyone looking to eliminate long daily commutes. Please note that the listing photos have been virtually staged to showcase the property's full aesthetic potential. Preferred lender credit $500.
    106 days
    |
    602
    |
    38
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacquelyn Mercier 786-556-2298,

    RABELL REALTY GROUP, LLC 352-559-8820

    Source: Stellar MLS,MLS#: OM724380MLS LogoOriginating MLS: Gainesville-Alachua

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Kitchen
      • Level: First
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Living room
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Range, Refrigerator
      • Laundry: Laundry Closet
      Features
      • Ceiling Fan(s)
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,072
      • Total interior livable area: 936 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: None
      • Has view: Yes
      • View description: Garden
      Lot
      • Size: 0.25 Acres
      Details
      • Parcel number: 10864077000
      • Zoning: R-1A
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete
      • Foundation: Block, Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: LAKE RIDGE SUB
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $131,770
      • Annual tax amount: $3,158
      • Date on market: 5/12/2026
      • Cumulative days on market: 106 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 14400
      • Road surface type: Asphalt

        Estimated market value

        $161,800

        $154,000 - $170,000

        $1,554/mo

        Price history

        DateEventPrice
        5/12/2026Listed for sale$169,000+57.9%$181/sqft
        Source: Stellar MLS #OM724380 Report a problem
        5/3/2025Listing removed$1,395$1/sqft
        Source: Zillow Rentals Report a problem
        4/11/2025Listed for rent$1,395+7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        1/12/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/6/2024Listed for rent$1,295$1/sqft
        Source: Zillow Rentals Report a problem
        12/20/2023Listing removed--
        Source: Zillow Rentals Report a problem
        12/13/2023Listed for rent$1,295$1/sqft
        Source: Zillow Rentals Report a problem
        6/18/2019Sold$107,000+7.1%$114/sqft
        Source: realMLS #984129 Report a problem
        5/10/2019Pending sale$99,900$107/sqft
        Source: AMERICAN DREAM OF NORTHEAST FLORIDA #984129 Report a problem
        5/7/2019Listed for sale$99,900$107/sqft
        Source: AMERICAN DREAM OF NORTHEAST FLORIDA #984129 Report a problem
        4/30/2019Pending sale$99,900$107/sqft
        Source: AMERICAN DREAM OF NORTHEAST FLORIDA #984129 Report a problem
        3/12/2019Listed for sale$99,900$107/sqft
        Source: AMERICAN DREAM OF NORTHEAST FLORIDA #984129 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,158 -0.4%$131,770 -0.9%
        2024$3,172 +98.6%$133,016 +44.9%
        2023$1,597 +4.9%$91,778 +3%
        2022$1,523 +2.1%$89,104 +3%
        2021$1,492 +3.5%$86,508 +1.4%
        2020$1,441 -13.7%$85,314 +49.1%
        2019$1,670 $57,212 +3.1%
        2018$1,670 +3.1%$55,500 +27.9%
        2017$1,619 +160.9%$43,410 +2.1%
        2016$621 +32.4%$42,520 +0.7%
        2015$469 -1.1%$42,230 +0.8%
        2014$474 -3.9%$41,900 -5.4%
        2013$493 $44,300 -7.5%
        2012-- $47,900 +9.1%
        2011-- $43,900 -22.7%
        2010-- $56,800 -4.4%
        2009-- $59,400 -4.8%
        2008-- $62,400 +1.8%
        2007-- $61,300 +8.7%
        2006-- $56,400 +10.6%
        2005-- $51,000 +7.8%
        2004-- $47,300 +19.7%
        2003-- $39,500
        2002-- $39,500 +2.9%
        2001-- $38,400 +5.2%
        2000-- $36,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32641

        Getting around

        10 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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