2550 SE 31ST STREET, GAINESVILLE, FL, 32641
Active114 days on marketListed Apr 6, 2026MLS #OM721846
About this home
2550 SE 31ST STREET
PRICE REDUCTION!!! SELLER SAYS “SELL!!!” ALL REASONABLE OFFERS CONSIDERED Discover an incredible opportunity for affordable lakefront living just minutes from Gainesville! This beautifully maintained 3-bedroom, 2-bath home offers more than 1,700 square feet of comfortable living space in a peaceful waterfront setting that’s becoming increasingly hard to find. Enjoy relaxing lake views year-round from the spacious conditioned Florida room overlooking a private lake with no public access — the perfect spot for quiet mornings, evening sunsets, or simply enjoying the natural surroundings. The oversized primary suite offers a true retreat, while the rest of the home has been thoughtfully updated and meticulously maintained throughout ownership. Outside, a large multi-level deck provides plenty of space for entertaining, grilling, or unwinding while taking in the scenery. The combination of privacy, water views, and convenient location makes this property ideal as a full-time residence, weekend getaway, or potential short-term rental investment. The lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Like many natural Florida lakes, water levels naturally fluctuate over time based on rainfall patterns. For buyers with long-term vision, this creates a unique opportunity to purchase private lakefront property at pricing that reflects current conditions — a value that may become much harder to find when water levels return to normal cycles. Affordable, private lakefront homes this close to Gainesville are exceptionally rare. Don’t miss your opportunity to own a waterfront property with tremendous potential, beautiful views, and long-term upside.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,791
Sqft
0.22 ac
Lot size
1
Garage
1976
Year built
One
Levels
$193
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,495 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,495/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+2.6%
$/sqft vs Gainesville actives
$193 vs $199
Days on market
114 vs 36 typical
Where $193/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32641 — neighborhood snapshot
Population
15,082
Median age
37
Median income
$36,814
Median home value
$123,600
Avg household
2.78
Households w/ children
1,736
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$320K → $312K
Gainesville median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
176 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 55% above the GAINESVILLE 32641 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 2550 SE 31ST STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$357,000
1328 BARRY STREET · same community
3 bd · 1 ba · 1,347 sqft · $265/sqft · 308 DOM
Sold · Aug ’25$340,000
1316 BARRY STREET · same community
4 bd · 1 ba · 1,325 sqft · $257/sqft · 128 DOM
Sold · Mar ’26$175,000
2751 SE 24TH PLACE · same community
2 bd · 2 ba · 1,262 sqft · $139/sqft · 56 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 2550 SE 31ST STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2550 SE 31ST STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
2550 SE 31ST STREET FAQs
What would the monthly payment be for 2550 SE 31ST STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,495/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 2550 SE 31ST STREET?+
The most recent tax bill on record (2025) was $1,814. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $345,000, this home is listed about 17% above the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 2550 SE 31ST STREET?+
Chester Shell Elementary School (elementary) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$345,000 runs 55% above the GAINESVILLE 32641 median — but at 1,791 sqft it's also 24% larger than the typical Gainesville listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
114 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $350,000, now $345,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COOKIE KING REAL ESTATE, INC · Cheri Jenkins. MLS #OM721846.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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