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3605 SW 29TH TERRACE

Multi-family Active With Contract
$475,000

BTC: 7.42187500

ETH: 272.05040092

7 days
8 bds
3,424 sqft

Overview

Under contract-accepting backup offers. Incredible investment opportunity just minutes from UF Campus and UF Health! This property has rented consistently for the last 30 years. Inside, each unit features two spacious bedrooms and one bath. The kitchens are spacious with plenty of cabinet space, refrigerators, electric ranges, and dishwashers There is a laundry closet just off of the kitchen that has full size washer and dryer hookups. The living room is open and spacious. There is durable ceramic tile throughout all of the common areas. Appointments required (prefer 48 hour notice) as all units are occupied.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1981
Lot:
0.30 Acres
Heating:
Central / Electric
Price/sqft:
$139
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$479,000
$444K – $563K
Confidence Medium
List vs. estimate
At estimate
List $475,000 · -0.8%
List is in line with recent comparable activity.
Price per sq ft
$138
-37.0% vs. city median $220
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,935
2025
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Exhaust Fan

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    Bedrooms and bathrooms

    • Bedrooms: 8

  • Property

    • Levels: One

    • Exterior Features: Sidewalk / Sliding Doors

    Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 07296020028

    • Zoning: R-2A

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,935

  • Source details

    • MLS ID: GC540228

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Laundry Closet / Washer Hookup

    • Window Features: Blinds

    • Living Area: 3424

    • Water Source: Public

    • Subdivision Name: SERENOLA MANOR UNIT 2 NAPIER

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: UNION PROPERTIES OF GAINESVILLE, INC.