Off MarketRisky Deal12 days on market
2629 SW 85TH TERRACE
2629 SW 85TH TERRACE, GAINESVILLE, FL 32608, Gainesville, FL 32608
$549,000
Listing Price
2629 SW 85TH TERRACE, GAINESVILLE, FL 32608
Loc: Gainesville, FL
Days Listed
12
Tax Assessed
$375k
Lot Size
0.28 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Lawton M. Chiles Elementary School
PK-5
0.7 mi away
7
Kanapaha Middle School
6-8
1.7 mi away
6
F. W. Buchholz High School
9-12
3.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylesingle-storyvinyl-sidinggable-roofasphalt-shinglestwo-car-garagemanicured-landscapingshaded-drivewaysuburbanwell-maintainedtraditionallush-vegetationinvitingresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.12%
Total ROI
91.9%
Cash Flow
$-48/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-48/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Gainesville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2015-10-29 | Sold | $271,800 | $122 |
| 2014-12-10 | Sold | $275,000 | $123 |
| 2008-06-20 | Sold | $353,500 | $158 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,685.03 | $293,785 |
| 2024 | $5,583.86 | $285,505 |
| 2023 | $5,473.92 | $277,190 |
| 2022 | $5,293.72 | $269,117 |
| 2021 | $5,195.54 | $261,278 |
| 2020 | $5,096.38 | $257,671 |
| 2019 | $5,052.6 | $251,877 |
| 2018 | $5,052.6 | $247,180 |
| 2017 | $4,908.93 | $242,100 |
| 2016 | $4,926.68 | $237,120 |
| 2015 | $4,785.75 | $262,800 |
| 2014 | $6,398.31 | $219,650 |
| 2013 | $4,414.49 | $219,500 |
| 2012 | $0 | $212,800 |
| 2011 | $0 | $238,300 |
| 2010 | $0 | $247,100 |
| 2009 | $0 | $261,300 |
| 2008 | $0 | $291,900 |
| 2007 | $0 | $65,000 |
| 2006 | $0 | $60,000 |
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