Back G1/1700 Southwest 16th Court
Off Market

G1/1700 Southwest 16th Court

Gainesville FL 32608

2
1
787 sq. ft.
Condo
Last sold for $158,000
Lisa BaltozerLisa Baltozer, last sold this property on 23 May 2023 after 187 days on market.

Overview

INVESTOR ALERT! This light and bright 2 bedroom, 1 bath ground floor condo is the perfect location for short term or long term rentals or an owner occupant. Not only is this your chance to grab one of the most popular locations in Gainesville, but Summit House can be financed with conventional financing! This unit has luxury vinyl and tile floors throughout and a newer gas range. The kitchen features an open concept with plenty of space for a breakfast table. Both bedrooms have walk in closets. The bedroom closest to 16th Ave has a new, insulated window making traffic noise barely noticeable. Summit House Condos are just one block from Shands Hospital and the VA Hospital and about 1? blocks from the south side of UF Campus. RTS bus service picks up directly in front of Summit House. These units are in high demand by traveling nurses, Shands visitors and personnel as well as medical residents and international visitors. The occupancy history is excellent! Rental potential for short term rentals range from $2000+/mo or $85+/night. Seller needs to reside until May 2023.

Features

2 bedrooms
1 bathroom
787 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Gainesville over the last 12 months, the estimated median property value of G1/1700 Southwest 16th Court is $149.5k.

Median value
$149.5k
Estimated value range
$68k - $255k
Median days on market
67
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gainesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for G1/1700 Southwest 16th Court

2023
Sold
$158,000
23 May 2023 by Lisa Baltozer, of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Happy sellers in Gainesville

66%
66% of sellers in Gainesville reported that their sale price either exceeded or met their price expectations.

Gainesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Gainesville over the last 12 months.

Local market activity for 2 bedroom condos in Gainesville

In the last 12 months, 104 two-bedroom condos similar to G1/1700 Southwest 16th Court, have been sold.

This represents a 7% decrease in two-bedroom condos sales when compared to the previous 12 months.

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