Price Reduced to $117,900 – Excellent Investment Opportunity! Well-positioned in an area with consistent rental demand just ~10 minutes from the University of Florida, this 2-bedroom, 1-bath condominium offers a compelling opportunity for investors or buyers seeking value in a convenient Gainesville location with easy access to shopping, dining, and major roadways. The property features a functional layout, private fenced backyard, and additional storage space, features not commonly found at this price point that may enhance tenant appeal. Interior includes wood flooring in the living areas and bedrooms, with tile flooring in the kitchen and bathroom for durability and ease of maintenance. Recent updates include HVAC (2021) and roof (2025), providing added value. Seller is offering up to $2,500 toward the buyer’s closing costs
For sale
Price cut: $2K (5/9)
$117,900
1420 SW 42nd St #B, Gainesville, FL 32607
2beds
822sqft
Est.: Get pre-qualified
Condominium
Built in 1981
-- sqft lot
$113,500 Zestimate®
$143/sqft
$170/mo HOA
What's special
Functional layoutAdditional storage spacePrivate fenced backyard
- 72 days |
- 731 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
Jose Camblor-Rossy 352-284-9286,
EXP REALTY LLC 888-883-8509,
Caroline Vansevenant 407-946-5675,
EXP REALTY LLC
Source: Stellar MLS,MLS#: GC538525
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 160 Square Feet
- Dimensions: 16x10
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Living room
- Level: First
- Area: 90 Square Feet
- Dimensions: 10x9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dryer, Electric Water Heater, Refrigerator, Washer
- Laundry: Other
Features
- Ceiling Fan(s), Primary Bedroom Main Floor
- Flooring: Engineered Hardwood, Tile
- Has fireplace: No
Interior area
- Total structure area: 822
- Total interior livable area: 822 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 871 Square Feet
Details
- Parcel number: 06745030001
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Pet fee: $0 monthly
- Subdivision: ALAMAR PLACE CONDO
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $170 monthly
- HOA name: Alamar Place Condominium Associat|Dawn Butler
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $96,000
- Annual tax amount: $2,224
- Date on market: 3/21/2026
- Cumulative days on market: 72 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$113,500
$108,000 - $119,000
$1,135/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Price change | $117,900-1.7%$143/sqft |
Source: eXp Realty #GC538525 Report a problem | ||
| 4/30/2026 | Price change | $119,900-0.1%$146/sqft |
Source: eXp Realty #GC538525 Report a problem | ||
| 4/21/2026 | Price change | $120,000-3.2%$146/sqft |
Source: eXp Realty #GC538525 Report a problem | ||
| 4/15/2026 | Price change | $124,000-0.8%$151/sqft |
Source:  Stellar MLS #GC538525 Report a problem | ||
| 3/28/2026 | Price change | $125,000-3.8%$152/sqft |
Source: eXp Realty #GC538525 Report a problem | ||
| 3/21/2026 | Listed for sale | $130,000+4%$158/sqft |
Source: eXp Realty #GC538525 Report a problem | ||
| 1/23/2024 | Sold | $125,000+25.6%$152/sqft |
Source: Public Record Report a problem | ||
| 1/29/2022 | Pending sale | $99,500$121/sqft |
Source: Stellar MLS #GC502177 Report a problem | ||
| 1/28/2022 | Listed for sale | $99,500$121/sqft |
Source: Stellar MLS #GC502177 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,226 +395.9% | $96,000 +134.2% |
| 2024 | $449 +5.3% | $40,997 +3% |
| 2023 | $426 +3.2% | $39,803 +3% |
| 2022 | $413 +4.4% | $38,644 +3% |
| 2021 | $395 +3.1% | $37,518 +1.4% |
| 2020 | $383 -1% | $37,000 |
| 2019 | $387 | $37,000 |
| 2018 | $387 +9.7% | $37,000 +2.1% |
| 2017 | $353 +2.9% | $36,240 +2.1% |
| 2016 | $343 +8.3% | $35,500 |
| 2015 | $317 -1.6% | $35,500 -0.3% |
| 2014 | $322 -2.1% | $35,600 |
| 2013 | $329 | $35,600 -0.3% |
| 2012 | -- | $35,700 -39.8% |
| 2011 | -- | $59,300 -0.2% |
| 2010 | -- | $59,400 +1.4% |
| 2009 | -- | $58,600 -10% |
| 2008 | -- | $65,100 -12% |
| 2007 | -- | $74,000 |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32607
Nearby schools
GreatSchools rating
- 7/10Littlewood Elementary SchoolGrades: PK-5Distance: 2 mi
- 7/10Kanapaha Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10F. W. Buchholz High SchoolGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Alachua County
- Gainesville
- 32607
- 1420 SW 42nd St Unit B
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