824 University Avenue, Gainesville, FL 32601
  • MLS#: GC538545 ( Single Family )
  • Street Address: 824 University Avenue
  • Viewed: 15
  • Price: $2,200,000
  • Price sqft: $183
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 12008
  • Bedrooms: 19
  • Total Baths: 12
  • Full Baths: 12
  • Days On Market: 3
  • Additional Information
  • Geolocation: 29.6524 / -82.3153
  • County: ALACHUA
  • City: Gainesville
  • Zipcode: 32601
  • Subdivision: Gainesville Doig & Robertson A
  • Provided by: PORTAL REALTY
  • DMCA Notice
  • Description
    University Village is a premier 12 unit mixed use investment opportunity in Gainesvilles Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida. Offered at $2.2 million, the property features flexible mixed use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access. The asset features 11 well maintained residential units and a professionally finished 1,807 square foot commercial office building, delivering stable in place cash flow while preserving additional undeveloped acreage for future expansion. With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949 000 000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948 000 000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947 000 000 108 NE 9th ST. 3/2. Parcel#:11944 000 000
Request More Information
  • All fields are required.
Features
Possible Terms
  1. Cash
  2. Conventional
  3. FHA
  4. OwnerMayCarry
  5. VaLoan
Possible Terms
  1. Cash
  2. Conventional
  3. FHA
  4. OwnerMayCarry
  5. VaLoan
Property Type
  1. Single Family
Views
  1. 15
Liked Listings
Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
  4. 229.834.4988