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$461,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.3 Acres
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Rare investor opportunity near University of Florida! This fully-occupied, income-producing quadplex at 3700 SW 29th Ter, Gainesville, FL 32608 is ideally located just 3 miles from the University of Florida, making it a highly desirable rental for students. With four units generating steady rental income and a strong occupancy history, this property is a true turnkey investment. Each unit is well-maintained with great rental appeal, and the property benefits from consistent demand in one of Gainesville's hottest rental markets. Located near shopping, dining, public transit, and major roadways, this is a rare chance to own a proven money-maker in an unbeatable location. Perfect for both seasoned investors and first-time multi-family buyers - don't miss out on this opportunity to add an income-generating quadplex to your portfolio!

Full Property Details for 3700 SW 29th Terrace

General

  • Sold For: $461,000
  • Taxes: $5,737 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC531439
  • Added to Site: 216 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Window Treatments

Exterior

  • Exterior Features: Lighting, Other

Location

  • Area: 32608 - Gainesville
  • County: Alachua
  • Development Name: 32608 - Gainesville
  • Subdivision: SERENOLA MANOR UNIT 2 NAPIER
  • Driving Directions: From the intersection of SW Archer and SW 34th St, go south on SW 34th. Turn left (east) onto SW 35th Pl. Take the right (south) onto SW 28th Terr. Turn right (west) onto SW 37th Pl. Turn right (north) onto SW 29th Terr

School Information

  • Elementary School: Idylwild Elementary School-AL
  • Middle School: Kanapaha Middle School-AL
  • High School: Eastside High School-AL

Community

  • Community Name: 32608 - Gainesville

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 3,240
  • Sq. Ft. Source: Public Records
  • Living Area: 3,240 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Lot Size: 13068
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $5,737.45
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SERENOLA MANOR UNIT II PB K-61 LOT 32 OR 3229/0174
  • Flood Zone Info: X
  • APN: 7296020032
  • Property ID: 7296020032

Listed by Real Broker, Llc
Sold by Greco Real Estate

Listing agent

— 3700 SW 29th Terrace —

  • Real Broker, Llc

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3700 SW 29th Terrace

School District:Alachua County School District
NameGradesDistance
Idylwild Elementary School
1700 Southeast 35th Avenue, Gainesville, FL 32641
K-53.9 mi
Kanapaha Middle School
5005 Southwest 75th Street, Gainesville, FL 32608
6-83.3 mi
Eastside High School
1201 Southeast 43rd Street, Gainesville, FL 32641
9-126.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3700 SW 29th Terrace

Date
Details
Price
Change
Source
8/08/2025
Sold
$461,000
0.22%
MLS
6/17/2025
Listed
$460,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Real Broker, Llc
Sold by Greco Real Estate

3700 SW 29th Terrace, Gainesville, FL 32608 (MLS# GC531439) is a Multi-Family property that was sold at $461,000 on August 08, 2025. Want to learn more about 3700 SW 29th Terrace? Do you have questions about finding other Multi-Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.