19 Beds
12 Baths
12,008 SqFt
19 Beds
12 Baths
12,008 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 12,008 sqft
Price per Sqft $183
Subdivision Gainesville Doig & Robertson Add
MLS Listing ID GC538545
Bedrooms 19
Full Baths 12
HOA Y/N No
Year Built 1947
Annual Tax Amount $14,435
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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
Location
State FL
County Alachua
Community Gainesville Doig & Robertson Add
Area 32601 - Gainesville
Zoning MU1
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
Heating Heat Pump, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type Living Room
Furnishings Unfurnished
Fireplace true
Appliance Range, Washer
Laundry Other
Exterior
Exterior Feature Balcony, Courtyard, Lighting, Sidewalk, Storage
Fence Wood
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Access No
Roof Type Shingle
Exposure South
Garage false
Private Pool No
Building
Story 2
Entry Level Multi/Split
Foundation Other
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water None
Structure Type Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC538545
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