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$209,900
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Property Description
One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you'll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs. Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.
Full Property Details
Full Property Details for 5062 NW 44th Ln #102
General
- Price: $209,900
- HOA FEE: $236/month
- Taxes: $3,235 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: GC530660
- Updated: 12/8/2025
- Added to Site: 256 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
- Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Sliding Doors, Storage
Location
- Area: 32606 - Gainesville
- County: Alachua
- Development Name: 32606 - Gainesville
- Subdivision: MAGNOLIA PLACE TWNHMS
- Driving Directions: From I-75 and NW 39th Avenue (Exit 390), head east on NW 39th Avenue. Turn left onto NW 51st Street and continue to the gated entrance of Magnolia Place. Once inside the gate, make a left and follow the road to NW 44th Lane. The building will be on your left.
- Direction Faces: South
Community
- Community Name: 32606 - Gainesville
- Community Features: Clubhouse, Pool, Sidewalks
- Association: Yes
- Assoc. Name: MAGNOLIA PLACE TOWNHOMES
- Assoc. Fees Include: Other
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Brick, Vinyl Siding, Wood Frame
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 1,275
- Sq. Ft. Source: Public Records
- Year Built: 2003
Lot Features
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Association Fee: $236
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $3,235.32
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MAGNOLIA PLACE TOWNHOMES CONDOMINIUM CONDO BK 5 PG 62 BLDG 8 UNIT 802 & AN UNDIVIDED INT IN COMMON ELEMENTS OR 3535/1247 & OR 4013/1144
- Flood Zone Info: A
- APN: 6061080802
- Property ID: 6061080802
Listed by Zori Realty
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Schools
Schools serving 5062 NW 44th Ln #102
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
F. W. Buchholz High School 5510 Northwest 27th Avenue, Gainesville, FL 32606 | 9-12 | 1.2 mi |
Meadowbrook Elementary School, Gainesville, FL 11525 Northwest 39th Avenue, Gainesville, FL 32606 | K-5 | 4 mi |
Fort Clarke Middle School 9301 Northwest 23rd Avenue, Gainesville, FL 32606 | 6-8 | 3.1 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 5062 NW 44th Ln #102
Date
Details
Price
Change
Source
6/06/2025
Price Reduced
$209,900
-2.37%
MLS
5/06/2025
Listed
$215,000
-98.81%
MLS
12/01/2015
Sold
$18,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5062 NW 44th Ln #102
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,263
—
$170,000
13%
2024
$3,263
4%
$150,000
3%
2023
$3,146
8%
$145,000
7%
2022
$2,917
8%
$135,000
12%
2021
$2,706
13%
$120,000
24%
2019
$2,389
13%
$96,800
5%
2018
$2,111
9%
$92,000
15%
2017
$1,939
12%
$80,000
10%
2016
$1,724
12%
$73,000
16%
2015
$1,537
14%
$62,700
10%
2014
$1,354
1%
$57,000
—
2013
$1,346
—
$57,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5062 NW 44th Ln #102
5062 NW 44th Lane #102, Gainesville, FL 32606 (MLS# GC530660) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 5062 NW 44th Lane #102 is currently listed for $209,900 and was received on May 06, 2025. Want to learn more about 5062 NW 44th Lane #102? Do you have questions about finding other Condo real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
