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Owning your very own off campus condominium gives a whole new meaning to college life. Whether you’re an incoming freshman, graduate student or young professional, Gainesville has a lot of condo developments to choose from that offers Lifestyle, Convenience and Location. Many of these communities offer a resort style amities that include sparkling swimming pools, tennis courts, sand volleyball courts, state of the art clubhouses, 24 hour health centers, and game rooms. And the best thing is that many of these developments are located close to UF, area shopping and Santa Fe Community College.

In addition, owning a condominium can offer several financial benefits that may make sense to you. Besides having a place to vacation or retire to, you’ll find that   Gainesville is a prime rental market. Because of the constant demand for student housing, (thanks to UF and SFCC) and the limited supply of quality, close-to-campus living, most of our condo communities command rents from $800 to $1200 per month while maintaining high occupancy rates.

Hedge against inflation: You can be certain that the costs of college housing and apartment rental rates close to campus will most likely continue to escalate year after year. Investing in condominium will lock in your annual housing costs for years to come.

Potential Appreciation: Real estate is well known to usually appreciate over a long term time period. Equity build-up either through mortgage payments or any other appreciation may be generated.  Many of these communities have shown to have a solid track record in appreciation in the past and a sound investment.   

Positive cash flow: With rents running between $800 - $1200 per month, a condo unit should generate an amount enough to cover your mortgage, taxes, insurance and any condominium fees. And rents should continue to rise each year.

Market rollover: When the time comes to sell your unit, rest assure that there should be a market that will provide an opportunity to not only recover your original investment price but also provide an expectable appreciation. After all, the student population at UF changes approximately 25% every year. We’ll be here to assist you through the selling process when it is time to pass your unit on to the next purchaser.

Residency: By owning a condominium in Gainesville, out-of-state students may qualify for Florida residence ... thus saving additional thousands in annual tuition.

Control: Owners can set and control the maintenance and quality standards of the property through their participation in a Home Owners Association.

Flexibility: Owners have the flexibility and ability to sell your asset when your needs dictate.

Gator Homes Realty - Let our 40+ years of local, North Florida real estate knowledge to work for you. When you experience the difference, you'll know the difference is experience!
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Linda Luetjen
Gator Homes Realty
Office: 352-332-8841
Mobile: 352-316-0630
Fax: 352-333-0745