* * Investment Opportunity * * Remodeled in 2016, this 4 Bed/2Bath 1st floor condo is located right across the street from the University of Florida and just minutes from Shands Hospital, VA Hospital, dozens of restaurants, and the Celebration Pointe shopping center. All these locations are accessible by bike, car, or the numerous bus routes that run by the University Commons complex. The community includes pool, spa, sun deck, lighted tennis & basketball courts, and clubhouse with study, game, fitness, and lounge rooms. Cox cable and internet is included with in the condo fee. Complex has recently been roofed and is in the process of being re-painted. Central A/C installed in 2015. Hot water heater installed in 2017. All other appliances are also updated and in good running condition. There are 2 rooms currently occupied for $400/mo which includes a $30 utility cap. All four rooms have been rented at this rate since owner took procession (gross rent of $1600/mo). This makes for a fantastic income investment or for a student attending UF who can rent the other rooms to pay the mortgage.
CondoProperty Type
1993Year Built
12.3 acresLot Size
$149Est. Price/Sq.Ft.
Listed by Matt Morrow• RMS ELITE PROPERTIES
Bought with Yirayma Myers• FLORIDA HOMES REALTY & MORTGAGE
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $2,676
Total Monthly Fees: $223
Multi-Unit Information
Unit Number YN: 0
HOA Information
Association Name: University commons Cond.assc./ Debbie Houdershelt
Has HOA
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: None
Association Approval Required Y/N: 0
Association Amenities: Cable TV, Fitness Center, Maintenance, Pool, Tennis Court(s)
Association Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pool, Sewer, Trash
Location Information
Directions: From I-75 take exit 384 continue east onto Archer Road then turn right onto SW 23 Terrace, University Commons is on the right side when you enter to make the first right. Building "I" is on in the far back portion of the complex.
Condo Information
Floor Number: 1
Monthly Condo Fee Amount: 223
Condo Land Included Y/N: 0
Condo Fees Term: Monthly
Condo Fees: 223
Community Information
Community Features: Fitness Center, Pool, Sidewalks, Tennis Courts
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Alachua County
APN: 06757-005-136
Home facts updated by county records on Jan 25, 2025