Hibiscus Park - 424 NW 27th TERRACE, Gainesville, FL 32607, sold on June 6, 2021

Closed onJune 6, 2021
List Price$250,000
Selling Price$239,000 ($160.30 / sqft)
Beds / Baths4 / 2
Square Feet1,491
Acre(s)0.11
SubdivisionHibiscus Park
Year Built1976
MLS #439637
Courtesy ofBEYCOME OF FLORIDA LLC

Called the "Ski-Lodge" or "Tree House" this tri-level home has pecky cypress walls and wood floors throughout the home. Excellent location short distance to U.F. just over 1/2 mile to law school. 3rd floor entrance to main bed/bath, 2nd floor has 2 story vaulted wood ceiling and exposed beams, 1/2 bath, living, dining and kitchen with ladder to a loft and glass doors to deck overlooking backyard. 1st floor has 3 bedrooms and 1 full bathroom with access to backyard from both 2nd floor wood deck and 1st floor bedroom. Current residents have lived there several years and pay below market rent of $1800 per month and renewed again through 7/31/21. Market rent typically $2100-$2400 depending on market rate but current long term lease negotiated at discounted rate.