4700 SW Archer Rd Unit D27 · Gainesville, FL 32608

$199,900

3 bd · 3.0 ba · 1,629 sqft · Condo · 45 Days on market

Built 1997 $455/mo HOA · 18% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.1/30.0
• 1% rule +7.5/10.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

Key facts

• Community pool
• Updated kitchen
• Back patio

Tags

• UPDATED KITCHEN
• PORCELAIN TILE FLOORING
• BACK PATIO
• COMMUNITY POOL

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath condo listed at $200k.

Deal economics

• At list price, monthly cash flow is $139 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $194k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 81/100 on livability (#97 in FL, #1,480 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D+, crime F.
• Alachua (urban): math 49% / reading 54% proficiency, ranked #30 of 73 in FL (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.9%/yr); 594 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).
• At $2,500/mo this rent would consume 49% of the median local household income ($62k/yr) (locally 4709% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Alachua County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $142k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $193,903 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.25% ✓
• Cap rate: 7.13%
• Cash-on-cash: 2.98%
• DSCR: 1.13
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.89% rent growth · sell at horizon

5-year hold

• IRR: -11.6%
• Equity multiple: 0.58×
• Total profit: $-23,511
• Equity at exit: $29,806

10-year hold

• IRR: -2.4%
• Equity multiple: 0.84×
• Total profit: $-8,933
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32608

• Rents YoY: 2.9%
• Active inventory: 594
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,500 medium
• Mortgage (P&I): −$1,048
• Tax est. 1.5%: −$250 /mo · $2,998/yr
• Insurance: −$83
• HOA: −$455
• Vacancy / Maint / Mgmt: −$525
• Net cashflow: $139

Break-even live

Break-even rent $2,325

Max offer price $199,900

Occupancy floor 89%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4781 SW 36th Rd Gainesville, FL	1.0–3.0	1.0–2.0	1137	$3,020	$2.66	13d	61	0.25mi
6499 SW 44th Way Gainesville, FL	1.0–3.0	1.0–3.5	900	$2,625	$2.92	13d	13	1.47mi

HOA detail condo

• Monthly dues: $455 · $5,460/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 10 events

1. 2026-04-11
   status Pending

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

2. 2026-04-11
   status Pending 794-char remark

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

3. 2026-03-31
   status Active 794-char remark

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

4. 2026-03-31
   status Active

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

5. 2026-03-26
   historical Active Under Contract 794-char remark

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

6. 2026-03-26
   status Pending

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

7. 2026-02-19
   listed $199,900 Active

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

8. 2026-02-19
   listed $199,900 Active 794-char remark

   Show marketing remark (794 chars)

   What an incredible opportunity to own a very rare 3 bedroom, 3 full bathroom condo in The Gables! The perfect location; walking distance to practically everything and conveniently located near I-75 for travel. Every bedroom has its own full bath plus walk-in closets! The kitchen has been beautifully updated and has tons of counter and cabinet space. The main floor has gorgeous new porcelain tile flooring. Relax on the quiet back patio or take a dip in the community pool. All you need are your personal touches to update the bedroom flooring and paint (priced accordingly to offer great value!). Whether you're looking for the perfect primary residence or a very lucrative rental investment, this home has a ton to offer, Location, amenities, and price can't be beat. Come see for yourself!

9. 2018-06-25
   soldstatus $142,000 573-char remark

   Show marketing remark (573 chars)

   Ideal location…The Gables, just minutes away from the University of Florida, Shands and VA hospitals, shopping, dining plus biking distance to Celebration Point. Bus service available from the Community entrance. This 3 bedroom, 3 bath, 1629 heated and cooled sq. ft. townhome features a one car garage and backs to a wooded common area. The Gables features low maintenance living. The amazing clubhouse with high volume ceilings and stone fireplace is available for events and activities. The resort style pool with hottub is a great way to end your day! 3-4 Units.

10. 2018-04-20
    listed $144,900 573-char remark

    Show marketing remark (573 chars)

    Ideal location…The Gables, just minutes away from the University of Florida, Shands and VA hospitals, shopping, dining plus biking distance to Celebration Point. Bus service available from the Community entrance. This 3 bedroom, 3 bath, 1629 heated and cooled sq. ft. townhome features a one car garage and backs to a wooded common area. The Gables features low maintenance living. The amazing clubhouse with high volume ceilings and stone fireplace is available for events and activities. The resort style pool with hottub is a great way to end your day! 3-4 Units.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $30,004
• − Mortgage interest: −$11,198
• − Property taxes: −$2,998
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,400
• − Management: −$2,400
• − HOA: −$5,460
• − Depreciation: −$5,815
• Taxable loss: −$1,267
• Est. tax savings @ 24.0%: +$304
• After-tax cash flow: $1,970/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Alachua
• NCES district ID: 1200030
• Math proficiency: 49% ▼ -9.00%
• Reading proficiency: 54% ▼ -3.00%
• Median HH income: $42,683
• Composite: 43.31/100
• National rank: #3038
• State rank: #30 of 73 in FL

Livability — Gainesville

• Score: 81/100
• State rank: #97
• US rank: #1480

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D+ Housing A- Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 54,566
• Household income: $61,588
• Rent vs Own: 58.7% rent · 41.3% own
• Severe rent burden: 4709.0

Population outlook (Alachua County) Hauer SSP2

• Today (2025): 289,834 people
• By 2030: 305,873 · +5.5%
• By 2040: 335,246 · +15.7%
• By 2050: 364,719 · +25.8%
• By 2075: 436,665 · +50.7%
• By 2100: 482,920 · +66.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 16% Black 13% Asian 12% Two or more races 11%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Cuban 4%
• Common ancestry: Slovak 2% Italian 2% Romanian 2%
• Foreign-born: 19% · Canada, China, South Korea
• Languages at home: 75% English-only · Spanish 10% Other Indo-European 5% Chinese 3%

Political lean MEDSL · Alachua

• 2024 margin: Strong D (+21.0) · D 59.7% · R 38.8% · Other 1.5%
• 2008→2024 swing: -0.6pp no change · 2008: 21.6pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+27.2 2016: D+22.5 2012: D+17.3 2008: D+21.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -150.91%
• Current HPI: 253.0629
• Rent YoY: ▲ 2.89%
• Metro: Gainesville, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+38.0% since first listed

10 events — show timeline

• 2026-04-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-11 Pending — realMLS
• 2026-03-31 Relisted — realMLS
• 2026-03-31 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Contingent — realMLS
• 2026-03-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-19 Listed $199,900 realMLS
• 2026-02-19 Listed $199,900 Stellar MLS as Distributed by MLS Grid
• 2018-06-25 Sold (MLS) $142,000 Stellar MLS as Distributed by MLS Grid
• 2018-04-20 Listed $144,900 Stellar MLS as Distributed by MLS Grid