408 W University Ave #7B, photo 1
Pending
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Overview

2 bd2 ba1,100 sqft2 car garageCondominium
TypeCondominium
Condo dues$681/mo
Built1983
Lot69,682 sqft
Living area1,100 sqft
Price / sqft$263
Garage2 car

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About this home

ElevatorLiving Room/Dining Room ComboPrimary Bedroom Main FloorThermostatLightingCommunity MailboxSidewalksCooktop

408 W University Ave #7B is a 1983-built home in Seagle Building, Gainesville. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,100 square feet of living space. Listed at $289,000 (about $263/sqft), 109 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $681 monthly.

From the listing

JUST REDUCED!! Incredibly rare opportunity to own a luxury upper-floor condo in the historic, newly refurbished Seagle Building! This stunning 2-bedroom, 2-bathroom unit was fully renovated just a few years ago and offers modern comfort in one of the oldest and most iconic Gainesville buildings. Enjoy a large combined living and dining area on one of the building’s highest floors, featuring tile and simulated wood flooring throughout— NO CARPET. The remodeled kitchen, just off the main living space, showcases white shaker cabinets, stainless steel appliances, granite countertops, and an oversized island. The primary suite includes a generous walk-in closet and a beautifully updated bathroom with designer tile. The unit also features a new AC system, meaning that a major expense has already been taken care of for you. This unit is also one of the few that includes two reserved parking spaces in the integrated garage (a $20,000 upgrade). The building recently benefited from a significant capital improvement project and now looks better than ever, with a newer roof, fresh exterior paint, brand-new windows throughout, and extensive updates to the building HVAC system. Located in Downtown Gainesville, less than one mile from the University of Florida and steps from local favorites like Bo Diddley Plaza and top restaurants including Dragonfly, Harry’s, and Mark’s Prime. Easy access to UF, Shands Hospital/UF Health, and Innovation Square. The work has already been done… move right in. Units in this building are rarely for sale, so be sure to book your private tour ASAP.

The essentials

Built
1983
Price / sqft
$263
On market
109 days
Annual tax
$4,221
Condo dues
$681/mo
Flood zone
X · Low risk
Lot
69,682 sqft
Type
Condominium

At a glance

Condo
Built 1983
2 car garage
Off Street
1,100 sqft
Living area

Payment

Est. monthly payment
$2,684/mo
Down payment (20%)
$57,800
Property taxes
$352/mo
Condo dues
$681/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1983
Lot
69,682 sqft
Cooling
Central Air
Heating
Electric
Parking
Off Street
Days on Market
109
Elevator
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Thermostat
Lighting
Community Mailbox
Sidewalks
Cooktop
Dishwasher
Dryer
Electric Water Heater
Range
Refrigerator
Washer
Flood Zone X
Annual Tax (2025)
$4,221
Parcel #
14552-702-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Seagle Building
County
Alachua
MLS Area
32601 - Gainesville
Lot Size
69,682 sqft
Condo dues
$681/mo

Price history

Date
Event
Price
10/9/2026
Pending sale
Source: Stellar MLS #GC541557
$289,000
$263/sqft
8/10/2026
Price change
Source: Stellar MLS #GC541557
$289,000-3.3%
$263/sqft
-
Price change
Source: Stellar MLS #GC541557
$299,000-8.0%
$272/sqft
6/27/2026
Listed for sale
Source: Stellar MLS #GC541557
$325,000
$295/sqft

Neighborhood

408 W University Ave #7B
Gainesville, FL, 32601 · 32601 - Gainesville

Market insights

Offer Insights

Choose an offer strength

List price: $289,000
$282,500 – $289,000
98.1% – 100% of listTops out right at the list price
80% of listList price
14 of the last 26 condo closings in 32601 landed at this number or higher (54%). The median one sat 39 days before it went under contract, and this one is on day 109 after a $36,000 cut.

Sample: 26 closed condo sales in 32601 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,685/mo
Principal & interest$1,507
Property taxes$352
Insurance$145
HOA$681
Down payment20% · $57,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$289,000

$263 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,100 sq ft

Time on market

109 days

Year built

1983

Monthly payment

About $2,684/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,221 annual tax bill, insurance, and $681/mo in condo dues.

Condo dues

$681/mo

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byUNIVERSITY REALTYListing agent: Matt PriceListing data from Stellar MLS, MLS# GC541557.

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