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About this home
18580 NW 234th St #5-8 is a 1981-built home in High Spgs G E Fosters Add Fairmount, High Springs. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,624 square feet of living space. Listed at $449,500 (about $171/sqft), 43 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
One or more photo(s) was virtually staged. Tenant personal property has been digitally removed from photos for privacy and to clearly show room dimensions. No structural changes were made. This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00567-000-000). Both quads must be purchased together. Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $899,000 ($449,500/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$449,500
$171 per sq ft
Beds and baths
4 beds, 4 baths
Size
2,624 sq ft
Time on market
84 days
Year built
1981
Monthly payment
About $3,036/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,601 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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