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518 Nw #15AVE, Gainesville, FL, 32603

5beds
4baths
1,800sqft
$379,000
$211price/sqft
$2,569/moest. monthly cost
$102,760/yrincome needed

About This Home

Commercial Residential Remodeled house come with a 600 sq separate bldg for Hair salon or food store house has 4 bedrooms Plus 3 bathrooms also Garge is converted to a bedroom with a bath.. Super location 1.2 miles from university..

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

5/10
Caroline Beatrice Parker ElementaryGrades K-50.6 mi
7/10
Kanapaha Middle SchoolGrades 6-84.9 mi
6/10
Gainesville High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1980

Type & Style

  • Home type: MultiFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 3/4 bathrooms: 1

Interior Area

  • Total interior livable area: 1,800 sqft

Property

Lot

  • Lot size: 6,000 sqft

Parking

  • Parking features: Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Tornado
Wildfire
Strong Wind

FEMA Declared Disasters in Alachua County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,916$22,992
Home Insurance *$144$1,728
Property Taxes $312$3,744
Electricity $197$2,366
Total$2,569$30,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

30% on housingRecommended$102,760/yr
35% on housing$88,080/yr
40% on housing$77,070/yr
45% on housing$68,506/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 32603$275
Alachua County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 32603$250
Alachua County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$359,000

For Sale by Owner

AgentProperty Owner
Phone(352) 999-7169
View on Zillow

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