6519 W Newberry Rd #1211 · Gainesville, FL 32605

$102,500

1 bd · 1.0 ba · 702 sqft · Condo public records · 24 Days on market

Built 1972 $292/mo HOA · 20% 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 +21.6/30.0
• 1% rule +9.4/10.0
• ARV discount +7.5/15.0
• DSCR +6.9/10.0
• Schools +4.3/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

FANTASTIC LOCATION! 1 bedroom/ 1 bath with updated kitchen featuring a large living room with screened porch off the living room, dining room with a kitchen/breakfast bar, very large master bedroom with two closets. Floors have been updated to vinyl wood plank floors. Recently painted. New vanity and mirror in Bathroom. Fantastic location close to UF, Santa Fe, walking distance to Oaks Mall and restaurants, North Florida Regional Medical Center, and on 3 bus routes. The community features a pool, clubhouse, laundry room, and gym. This condo is ready for you to move into! Seller is also offering seller financing. Terms: 20% down, 7% interest, 5% balloon.

Key facts

• Community amenities
• New bathroom vanity
• Screened porch

Tags

• UPDATED KITCHEN
• SCREENED PORCH
• VINYL WOOD PLANK FLOORING
• NEW BATHROOM VANITY
• COMMUNITY AMENITIES
• CORNER UNIT

Property features AI

Finance

• Other: Lease restrictions apply
• Financial info: Total annual fees $3,507
• HOA & community: Monthly HOA fee of $292.25 (association: Cornerstone Property management); Clubhouse; Community mailbox; Deed restrictions; Community pool; Sidewalks; Pets allowed (max 25 lbs)

Exterior

• Utilities: Public water; Public sewer; Electricity connected; Cable connected
• Home design: Residential condominium; Attached unit; Third-floor unit; Faces south; One story/level
• Construction: Frame construction; Shingle roof; Slab foundation; Built as part of building number 12
• Exterior features: Porch (screened); Balcony; Paved road access

Interior

• Kitchen: Cooktop; Dishwasher; Microwave; Refrigerator
• Bedrooms: 1 bedroom
• Flooring: Laminate
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Ceiling fans; Living room/dining room combo; Thermostat; Walk-in closet
• Laundry & utility: No laundry in unit

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $102k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $102k).
• Recommended offer: $101k (1.5% 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.
• Zoned schools: Myra Terwilliger Elementary School (math 28% / reading 32%, grade F, #1,882 of 2,144 statewide, top 88%, 586 students, 79% FRL); Kanapaha Middle School (math 54% / reading 54%, grade B-, #196 of 571 statewide, top 36%, 1,094 students, 53% FRL); F. W. Buchholz High School (math 49% / reading 66%, grade C, #125 of 667 statewide, top 19%, 2,540 students, 36% FRL).
• Market conditions: Rents rising fast (+4.4%/yr); 265 active listings in the ZIP; solid renter incomes; 1,774 units permitted in Alachua County in 2024 (984 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $709 of loan paydown is wiped out by about $3k 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 24 days — a 2% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 21y 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 $73k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $100,962 (1.5% below list)

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.44% ✓
• Cap rate: 8.11%
• Cash-on-cash: 6.49%
• DSCR: 1.29
• GRM: 5.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.41% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.85×
• Total profit: $-4,392
• Equity at exit: $15,283

10-year hold

• IRR: 7.9%
• Equity multiple: 1.65×
• Total profit: $18,742
• Equity at exit: $8,862

Cash invested: $28,700 (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 32605

• Home prices YoY: -34.2%
• Rents YoY: 4.4%
• Active inventory: 265
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,480 medium
• Mortgage (P&I): −$538
• Tax from tax record: −$142 /mo · $1,703/yr
• Insurance: −$43
• HOA: −$292
• Vacancy / Maint / Mgmt: −$311
• Net cashflow: $155

Break-even live

Break-even rent $1,284

Max offer price $102,500

Occupancy floor 85%

Sensitivity live

Price	-10% $213	-5% $184	+0% $155	+5% $126	+10% $97
Rent	-10% $38	-5% $97	+0% $155	+5% $214	+10% $272
Rate	-1.0pp $207	-0.5pp $181	base $155	+0.5pp $129	+1.0pp $102

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: $25,625
• Closing costs: $3,075
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $292 · $3,504/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $102,500 Active 24 DOM
2. 2026-06-18
   days on market $102,500 Active 21 DOM
3. 2026-06-17
   days on market $102,500 Active 20 DOM
4. 2026-06-16
   days on market $102,500 Active 19 DOM
5. 2026-06-15
   days on market $102,500 Active 18 DOM
6. 2026-06-14
   days on market $102,500 Active 16 DOM
7. 2026-06-13
   days on market $102,500 Active 15 DOM
8. 2026-06-10
   days on market $102,500 Active 13 DOM
9. 2026-06-09
   days on market $102,500 Active 12 DOM
10. 2026-06-08
    days on market $102,500 Active 11 DOM
11. 2026-06-07
    days on market $102,500 Active 10 DOM
12. 2026-06-05
    days on market $102,500 Active 7 DOM
13. 2026-06-03
    days on market $102,500 Active 6 DOM
14. 2026-06-02
    days on market $102,500 Active 5 DOM
15. 2026-06-01
    days on market $102,500 Active 4 DOM
16. 2026-05-31
    days on market $102,500 Active 3 DOM
17. 2026-05-30
    days on market $102,500 Active 2 DOM
18. 2026-05-28
    listed $102,500 Active
19. 2021-11-09
    soldstatus $73,000
20. 2021-10-19
    soldstatus $73,000 Closed 666-char remark

    Show marketing remark (666 chars)

    FANTASTIC LOCATION! 1 bedroom/ 1 bath with updated kitchen featuring a large living room with screened porch off the living room, dining room with a kitchen/breakfast bar, very large master bedroom with two closets. Floors have been updated to vinyl wood plank floors. Recently painted. New vanity and mirror in Bathroom. Fantastic location close to UF, Santa Fe, walking distance to Oaks Mall and restaurants, North Florida Regional Medical Center, and on 3 bus routes. The community features a pool, clubhouse, laundry room, and gym. This condo is ready for you to move into! Seller is also offering seller financing. Terms: 20% down, 7% interest, 5% balloon.

21. 2021-09-14
    status Pending 666-char remark

    Show marketing remark (666 chars)

    FANTASTIC LOCATION! 1 bedroom/ 1 bath with updated kitchen featuring a large living room with screened porch off the living room, dining room with a kitchen/breakfast bar, very large master bedroom with two closets. Floors have been updated to vinyl wood plank floors. Recently painted. New vanity and mirror in Bathroom. Fantastic location close to UF, Santa Fe, walking distance to Oaks Mall and restaurants, North Florida Regional Medical Center, and on 3 bus routes. The community features a pool, clubhouse, laundry room, and gym. This condo is ready for you to move into! Seller is also offering seller financing. Terms: 20% down, 7% interest, 5% balloon.

22. 2021-09-07
    listed $71,900 Active 666-char remark

    Show marketing remark (666 chars)

    FANTASTIC LOCATION! 1 bedroom/ 1 bath with updated kitchen featuring a large living room with screened porch off the living room, dining room with a kitchen/breakfast bar, very large master bedroom with two closets. Floors have been updated to vinyl wood plank floors. Recently painted. New vanity and mirror in Bathroom. Fantastic location close to UF, Santa Fe, walking distance to Oaks Mall and restaurants, North Florida Regional Medical Center, and on 3 bus routes. The community features a pool, clubhouse, laundry room, and gym. This condo is ready for you to move into! Seller is also offering seller financing. Terms: 20% down, 7% interest, 5% balloon.

23. 2021-05-04
    soldstatus $72,000
24. 2021-04-29
    soldstatus $72,000 720-char remark

    Show marketing remark (720 chars)

    LOCATION! LOCATION! LOCATION! Investor Alert! Completely Remodeled Large 1 bed, 1 ba, third floor condo with brand new updated white kitchen cabinets, brand new quartz countertops, backsplash, new Stainless Steel Appliances, new bathroom vanity and sink, porch off great room, large Great Room, separate dining room, large Owner''s Suite, freshly painted, brand new light fixtures, brand new vinyl wood plank floors throughout, No Carpet! Located within walking distance to shopping, restaurants, Oaks Mall, Oaks Mall, North Florida Regional Hospital, Santa Fe College, UF, and located on 3 bus routes. HOA Includes water, sewer, pool maintenance, lawn maintenance, hazard insurance on the building. Cash only! 5+ Units.

25. 2021-03-27
    listed $75,000 720-char remark

    Show marketing remark (720 chars)

    LOCATION! LOCATION! LOCATION! Investor Alert! Completely Remodeled Large 1 bed, 1 ba, third floor condo with brand new updated white kitchen cabinets, brand new quartz countertops, backsplash, new Stainless Steel Appliances, new bathroom vanity and sink, porch off great room, large Great Room, separate dining room, large Owner''s Suite, freshly painted, brand new light fixtures, brand new vinyl wood plank floors throughout, No Carpet! Located within walking distance to shopping, restaurants, Oaks Mall, Oaks Mall, North Florida Regional Hospital, Santa Fe College, UF, and located on 3 bus routes. HOA Includes water, sewer, pool maintenance, lawn maintenance, hazard insurance on the building. Cash only! 5+ Units.

26. 2005-09-30
    soldstatus $73,395
27. 2005-08-21
    listed $73,395

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

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,703 · $142/mo
• Projected year-2 tax: $1,703 · $142/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $17,761
• − Mortgage interest: −$5,742
• − Property taxes: −$1,703
• − Insurance: −$512
• − Repairs & maintenance: −$1,421
• − Management: −$1,421
• − HOA: −$3,504
• − Depreciation: −$2,982
• Taxable income: $476
• Est. tax owed @ 24.0%: −$114
• After-tax cash flow: $1,747/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

• Census place: Gainesville, FL
• County: Alachua County · 218,005 people
• City population: 188,348
• Metro: Gainesville, FL
• Population (ZIP): 24,689
• Household income: $86,714
• Rent vs Own: 22.1% rent · 77.9% own
• Severe rent burden: 586.0

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: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 12% Black 12% Two or more races 12% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Slovak 5% Romanian 4% Lithuanian 2%
• Foreign-born: 10% · Canada, China, Vietnam
• Languages at home: 84% English-only · Spanish 6% Chinese 2% Other Indo-European 2%

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: ▼ -142.48%
• Current HPI: 274.157
• Rent YoY: ▲ 4.41%
• 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

+39.7% since first listed

10 events — show timeline

• 2026-05-28 Listed $102,500 Stellar MLS as Distributed by MLS Grid
• 2021-11-09 Sold (Public Records) $73,000 Public Records
• 2021-10-19 Sold (MLS) $73,000 Stellar MLS as Distributed by MLS Grid
• 2021-09-14 Pending — Stellar MLS as Distributed by MLS Grid
• 2021-09-07 Listed $71,900 Stellar MLS as Distributed by MLS Grid
• 2021-05-04 Sold (Public Records) $72,000 Public Records
• 2021-04-29 Sold (MLS) $72,000 Stellar MLS as Distributed by MLS Grid
• 2021-03-27 Listed $75,000 Stellar MLS as Distributed by MLS Grid
• 2005-09-30 Sold (MLS) $73,395 Stellar MLS as Distributed by MLS Grid
• 2005-08-21 Listed $73,395 Stellar MLS as Distributed by MLS Grid

Property tax history

+7.7%/yr

Latest (2025): $1,703 · +10.4% YoY. Source: county tax records.