Listing provided courtesy of ZORI REALTYas Distributed by MLSGrid- MLS# MFRGC530660MLS Provider

5062 NW 44TH LANE #102GAINESVILLE, FL 32606

Condo · 2 Beds · 2 Full Baths · 1 Half Bath · 1,275 Sq. ft.
$209,900 Active

5062 NW 44TH LANE #102 Overview

Time on Site:
388 days
Visits:
1

One or more photo(s) has been virtually staged. This townhome is already rented, making it an excellent turnkey investment opportunity in the highly desirable gated community of Magnolia Place. Located just minutes from top-rated schools, shopping, restaurants, and I-75, this 2-bedroom, 2.5-bath unit offers stable rental income in a prime Gainesville corridor. The main level features beautiful wood flooring, a guest half bath, and a fully equipped kitchen with all appliances, including an in-unit washer and dryer. A screened-in porch overlooks a peaceful green space, providing added privacy and an outdoor storage closet perfect for bikes or tools. Upstairs, you’ll find two primary suites, each with its own private bathroom. One suite includes a large walk-in closet, and the laundry closet is conveniently located between the bedrooms for easy access. Additional investor advantages include a brand new AC unit, reducing future maintenance concerns, and improving long-term operating costs. Magnolia Place offers a full suite of amenities covered by the HOA: exterior maintenance, pest control, community pool, fitness center, tennis court, clubhouse, and more. With assigned parking at the doorstep and a low-maintenance community structure, this property is an ideal hands-off investment for anyone seeking reliable returns in a growing Gainesville market.

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5062 NW 44TH LANE #102 Facts & Features

  • Type Condo
  • Sq. ft. 1,275
  • Price/Sq.ft. $165

Details

General

Association/HOA

  • Association Fee: 236
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other
  • Association Name: MAGNOLIA PLACE TOWNHOMES
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32606 - Gainesville
  • Subdivision Name: MAGNOLIA PLACE TWNHMS
  • Township: 09

Community/Development

  • Community Features: Clubhouse,Pool,Sidewalks

Tax Information

  • Tax Annual Amount: 3235.32
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 06061-080-802
  • Pets Allowed: Cats OK,Dogs OK
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RESIDENTIA

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1275
  • Building Area Units: Square Feet

General Information

  • Appliances: Cooktop,Dishwasher,Dryer,Microwave,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet,Laminate
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Ceiling Fans(s),High Ceilings,Living Room/Dining Room Combo,Thermostat,Walk-In Closet(s)
  • Laundry Features: Laundry Closet
  • Levels: Two
  • Living Area: 1275
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 1

Unit Information

  • Unit Number: 102

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Road Surface Type: Asphalt,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick,Vinyl Siding,Frame
  • Direction Faces: South
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Sliding Doors,Storage
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Natural Gas Available,Public,Sewer Connected,Underground Utilities,Water Connected

Room Information

Room: Kitchen

  • Level: First
  • Dimensions: 6x12
  • Length: 12
  • Width: 6

Room: Living Room

  • Level: First
  • Dimensions: 14x22
  • Length: 22
  • Width: 14

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 12x14
  • Length: 14
  • Width: 12

5062 NW 44TH LANE #102 Neighborhood

Community

32606 (Gainesville) Demographics

39
Median Age
1,382
Population Density (per sq. mile)
66%
College Educated
$61,177
Estimated Median Income
4,768
Estimated Total Home Owners
5,244
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5062 NW 44TH LANE #102 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5062 NW 44TH LANE #102 Market Data

Based on the last 30 days in this zip code

$402,701
Average List Price
$206
Average Price per Square Foot
27
Properties Sold
94
Average Days on Market
97
Properties for Sale
Calculations provided by Reliance Network

5062 NW 44TH LANE #102 History

Date Event Value Agent
6/6/2025Source: My Florida Regional MLS Price Reduction
$209,900 -2.4%
5/6/2025Source: My Florida Regional MLS Added to Database
May 06, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022