$111,000
1420 42nd Street
Gainesville, FL 32607
Listing updated: June 15, 2026 at 9:11 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Price Reduced to $111,000 – Excellent Investment Opportunity! Well-positioned in an area with consistent rental demand just ~10 minutes from the University of Florida, this 2-bedroom, 1-bath condominium offers a compelling opportunity for investors or buyers seeking value in a convenient Gainesville location with easy access to shopping, dining, and major roadways. The property features a functional layout, private fenced backyard, and additional storage space, features not commonly found at this price point that may enhance tenant appeal. Interior includes wood flooring in the living areas and bedrooms, with tile flooring in the kitchen and bathroom for durability and ease of maintenance. Recent updates include HVAC (2021) and roof (2025), providing added value.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history86 days on market
- Status: ActiveMar 21, 2026
- Listed$130,000Mar 21, 2026
- Price reduced$111,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 86
- Subdivision
- Alamar Place Condo
- County
- Alachua
- Year built
- 1981
- Living area
- 822 sq ft
- Price/sq ft
- $135
- Lot size
- 871 sq ft
- Flood zone
- X
- Annual taxes
- $2,225 (2025)
- Parcel #
- 06745-030-001
- Zoning
- RES
- MLS #
- GC538525
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Hardwood, Tile
- Appliances
- Cooktop, Dryer, Electric Water Heater, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Primary Bedroom Main Floor
- Laundry
- Other
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $170 / Monthly
- Monthly HOA
- $170/mo
- Total monthly fees
- $170/mo
- Total annual fees
- $2,040
- HOA name
- Alamar Place Condominium Associat|Dawn Butler
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer must verify all lease restrictions directly with the association
- Approval process
- Buyer must verify all lease association requirements directly with the association
Exterior & Construction
- Exterior features
- None
- Construction materials
- Other
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Available, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 16x10 |
| Bedroom 2 | First | 10x9 |
| Kitchen | First | 10x9 |
| Living Room | First | 10x9 |
Listing Details
- Listing date
- 2026-03-14
- On market date
- 2026-03-21
- Original list price
- $130,000
- Occupant type
- Owner
- MLS area
- 32607 - Gainesville
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-03-21
- Tax legal description
- ALAMAR PLACE CONDO BK 7 PG 36 UNIT A & AN UNDIV INT IN COMMON AREA OR 4983/1863
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Coming from the Oaks Mall start out going east on W Newberry Rd/FL-26 towards NW 62nd St. Turn right onto NW 62nd St. Go straight on NW 62nd St which becomes SW 62nd Blvd. Turn left onto SW 20th Ave. Turn left onto SW 42nd St. Continue a short distance and the property will be on the left. 1420 SW 42nd St Unit B, Gainesville, FL.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 15, 2026 at 9:11 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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