Condominium at 1700 SW 16TH CT #C5, GAINESVILLE
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15 photos

$135,000

1700 SW 16TH CT #C5
GAINESVILLE, FL 32608
Listed by Abby Basci · BOSSHARDT REALTY SERVICES LLC
Bedrooms
1
Bathrooms
1
Living area
574 sqft
Year built
1987

About this home

Turnkey investment opportunity right across from all the major hospitals. This first-floor 1 bedroom, 1 bathroom condo in Summit House is currently operating as a successful Airbnb and is being sold fully furnished, making it ready to generate income from day one. Located just one block from Shands Hospital and the VA, with easy access to the University of Florida and nearby bus routes, this prime location attracts consistent demand from traveling nurses, medical professionals, students, and visitors. The unit features a functional layout with an open living and dining space, a spacious bedroom, and convenient ground-floor access. Summit House offers a community pool, on-site laundry, and dedicated parking. Whether you're looking for a short-term rental opportunity or a well-located Gainesville investment property, this condo offers strong income potential in one of the city’s most desirable medical corridor locations.

Property details

MLS #
MFRGC538153
Property type
Condominium
Subdivision
SUMMIT HOUSE
Status
Active
Days on market
146
On market date
March 6, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
4.29 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CAROLYN BEATRICE PARKER ELEMENTARY
1.52 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
527
Student:teacher ratio
16.0:1
District
ALACHUA
Middle
ABRAHAM LINCOLN MIDDLE SCHOOL
2.04 mi away · Grades 6-9
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
735
Student:teacher ratio
24.5:1
District
ALACHUA
High
P. K. YONGE VIRTUAL FRANCHISE
0.54 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
0
District
UF LAB SCH

Walkability

Blended score for GAINESVILLE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks9
Schools7
Transit stops20
Pharmacies20

Market position

How this listing compares to current activity in GAINESVILLE, from live MLS data.

On the market 146 days -- 50 more days than GAINESVILLE's current average of 96 days.
For reference, the median list price across 1,458 active listings in GAINESVILLE right now is $224,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$963/mo
$27,000 down
$108,000 loan
Principal & interest$700
Property tax (est.)$113
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.