For SaleRisky Deal1 days on market
501 NW 15TH AVENUE #4
501 NW 15TH AVENUE #4, GAINESVILLE, FL 32601, Gainesville, FL 32601
$115,000
Listing Price
501 NW 15TH AVENUE #4, GAINESVILLE, FL 32601
Loc: Gainesville, FL
Days Listed
1
Tax Assessed
$84k
Lot Size
0.27 acres
Type
condo
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
Caroline Beatrice Parker Elementary
K-5
1.3 mi away
6
Gainesville High School
8-12
0.8 mi away
3
Westwood Middle School
6-8
2.4 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
apartment complexmulti-familymid-century modernstucco exteriortwo-storybalconiesoutdoor staircasessurface parkingwhite picket fencetropical landscapingresidentiallow-riseO'brien apartments
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.11%
Total ROI
69.9%
Cash Flow
$-107/mo
DSCR
0.82
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-107/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Gainesville, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $115,000 | $147 |
| 2021-01-03 | Listing removed | $68,000 | $87 |
| 2021-01-03 | Listed for sale | $68,000 | $87 |
| 2020-10-30 | Sold | $70,000 | $89 |
| 2020-10-23 | Pending sale | $70,000 | $89 |
| 2020-09-27 | Listed for sale | $70,000 | $89 |
| 2008-04-28 | Sold | $56,100 | $72 |
| 2004-12-03 | Sold | $54,900 | $70 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $740.51 | $64,658 |
| 2024 | $722.29 | $62,836 |
| 2023 | $1,649.72 | $68,200 |
| 2022 | $1,389.29 | $62,000 |
| 2021 | $1,378.4 | $60,000 |
| 2020 | $1,211.4 | $50,941 |
| 2019 | $1,114.66 | $46,310 |
| 2018 | $1,114.66 | $48,000 |
| 2017 | $1,004.76 | $48,000 |
| 2016 | $975.55 | $34,800 |
| 2015 | $841.26 | $34,800 |
| 2014 | $858.21 | $34,800 |
| 2013 | $866.59 | $34,800 |
| 2012 | $0 | $41,800 |
| 2011 | $0 | $44,000 |
| 2010 | $0 | $44,000 |
| 2009 | $0 | $50,600 |
| 2008 | $0 | $50,600 |
| 2007 | $0 | $57,500 |
| 2006 | $0 | $48,300 |
| 2005 | $0 | $46,000 |
| 2004 | $0 | $20,000 |
| 2003 | $0 | $18,000 |
| 2002 | $0 | $18,000 |
| 2001 | $0 | $18,000 |
| 2000 | $0 | $18,000 |
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