1810 NW 23rd Blvd Unit 230A · Gainesville, FL 32605

$107,500

1 bd · 1.0 ba · 760 sqft · Condo public records · 401 Days on market

Built 1972 $268/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 +19.8/30.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• DSCR +6.3/10.0
• 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

Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

Key facts

• $268 HOA
• Community pool
• Built 1972

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $108k.

Deal economics

• At list price, monthly cash flow is $127 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $108k).
• Recommended offer: $95k (12.0% 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 fast (+4.4%/yr); 260 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 $743 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 401 days — a 12% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y ago; this cycle's ask has dropped $18k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $94,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 401 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.39% ✓
• Cap rate: 7.71%
• Cash-on-cash: 5.06%
• DSCR: 1.23
• GRM: 6.0

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: -6.1%
• Equity multiple: 0.77×
• Total profit: $-6,967
• Equity at exit: $16,029

10-year hold

• IRR: 5.9%
• Equity multiple: 1.48×
• Total profit: $14,303
• Equity at exit: $9,295

Cash invested: $30,100 (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: 260
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,496 medium
• Mortgage (P&I): −$564
• Tax from tax record: −$178 /mo · $2,138/yr
• Insurance: −$45
• HOA: −$268
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $127

Break-even live

Break-even rent $1,335

Max offer price $107,500

Occupancy floor 87%

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: $26,875
• Closing costs: $3,225
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $268 · $3,216/yr
• Likely covers: trashlandscapingpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-18
   days on market $107,500 Active 401 DOM
2. 2026-06-17
   days on market $107,500 Active 400 DOM
3. 2026-06-16
   days on market $107,500 Active 399 DOM
4. 2026-06-15
   days on market $107,500 Active 398 DOM
5. 2026-06-14
   days on market $107,500 Active 396 DOM
6. 2026-06-13
   days on market $107,500 Active 395 DOM
7. 2026-06-10
   days on market $107,500 Active 393 DOM
8. 2026-06-09
   days on market $107,500 Active 392 DOM
9. 2026-06-08
   days on market $107,500 Active 391 DOM
10. 2026-06-07
    days on market $107,500 Active 390 DOM
11. 2026-06-05
    days on market $107,500 Active 387 DOM
12. 2026-06-03
    days on market $107,500 Active 386 DOM
13. 2026-06-02
    days on market $107,500 Active 385 DOM
14. 2026-06-01
    days on market $107,500 Active 384 DOM
15. 2026-05-31
    days on market $107,500 Active 383 DOM
16. 2026-05-30
    days on market $107,500 Active 382 DOM
17. 2026-04-14
    price $107,500 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

18. 2026-03-26
    status Active 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

19. 2026-03-25
    status Pending 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

20. 2026-02-16
    price $108,000 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

21. 2025-10-23
    price $113,500 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

22. 2025-09-04
    price $117,000 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

23. 2025-07-23
    price $120,000 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

24. 2025-05-12
    listed $125,000 Active 1444-char remark

    Show marketing remark (1444 chars)

    Elegant 1BR/1BA Ground-Level End Unit – Exceptional Location Near UF & Shands Discover comfort, privacy, and convenience in this generously sized 1-bedroom, 1-bathroom condominium, ideally positioned just 2 miles from the University of Florida and UF Health Shands Hospital. Situated along the direct bus route to campus and medical facilities, this residence offers effortless access to Gainesville’s key destinations. This private ground-floor end unit features a spacious kitchen with a breakfast bar, an expansive living area, and an oversized bedroom—perfect for relaxation or productivity. The interior is adorned with laminate flooring in the main living spaces and bedroom, complemented by ceramic tile in the kitchen and bathroom, providing a seamless and low-maintenance living experience. HVAC 2022 Grounds Maintenance, Laundry, trash pickup 2x a week. Step outside onto the covered patio, where you can enjoy tranquil views and benefit from an attached exterior storage closet for additional functionality. Residents enjoy access to the clubhouse, modern fitness center, and a refreshing swimming pool, all nestled within a serene community graced by mature trees and a picturesque creek. The property’s proximity to the university, hospital, retail centers, and dining establishments makes it an outstanding choice for both personal use and investment purposes. Schedule your private viewing today.

25. 2025-02-19
    status Pending
26. 2025-02-19
    historical
27. 2024-12-12
    price $125,000
28. 2024-10-08
    listed $129,000 Active
29. 2020-11-04
    soldstatus $75,000
30. 2020-11-03
    soldstatus $75,000
31. 2020-07-28
    listed $76,000
32. 2020-07-28
    historical
33. 2020-07-01
    listed $76,000
34. 2016-06-27
    soldstatus $49,900

ⓘ 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: $2,138 · $178/mo
• Projected year-2 tax: $2,138 · $178/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: $17,949
• − Mortgage interest: −$6,022
• − Property taxes: −$2,138
• − Insurance: −$538
• − Repairs & maintenance: −$1,436
• − Management: −$1,436
• − HOA: −$3,216
• − Depreciation: −$3,127
• Taxable income: $37
• Est. tax owed @ 24.0%: −$9
• After-tax cash flow: $1,515/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

+115.4% since first listed

18 events — show timeline

• 2026-04-14 Price Changed $107,500 Stellar MLS as Distributed by MLS Grid
• 2026-03-26 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-03-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-02-16 Price Changed $108,000 Stellar MLS as Distributed by MLS Grid
• 2025-10-23 Price Changed $113,500 Stellar MLS as Distributed by MLS Grid
• 2025-09-04 Price Changed $117,000 Stellar MLS as Distributed by MLS Grid
• 2025-07-23 Price Changed $120,000 Stellar MLS as Distributed by MLS Grid
• 2025-05-12 Listed $125,000 Stellar MLS as Distributed by MLS Grid
• 2025-02-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2025-02-19 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-12-12 Price Changed $125,000 Stellar MLS as Distributed by MLS Grid
• 2024-10-08 Listed $129,000 Stellar MLS as Distributed by MLS Grid
• 2020-11-04 Sold (Public Records) $75,000 Public Records
• 2020-11-03 Sold (MLS) $75,000 Stellar MLS as Distributed by MLS Grid
• 2020-07-28 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2020-07-28 Listed $76,000 Stellar MLS as Distributed by MLS Grid
• 2020-07-01 Listed $76,000 Stellar MLS as Distributed by MLS Grid
• 2016-06-27 Sold (Public Records) $49,900 Public Records

Property tax history

+8.7%/yr

Latest (2025): $2,138 · +7.4% YoY. Source: county tax records.