Link Copied
Listed price in listed location currency (USD).
$749,000

430

MLS® GC535993

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1616 sqft
Garage No
Taxes $9,416
Days Active 2
Lot Size 0.29 acres
Approx. Age 1949
Avg. Price Per Sqft $463
MLS® Number GC535993

Property Address: 1618 Nw 4th Ave, GAINESVILLE, FL, 32603-1682

Average square foot calculated using Size range provided by listing agent.

Description

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.
MLS® NumberGC535993
Laundry LevelOutside
Central VacNo
FireplaceNo
Acreage0.29
Exterior
GarageNo
Approx. Age1949
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$749,000List Price
Aug 21, 2023End Date
$1,300Sold Price

Leased

Apr 4, 2025List Date
$1,300List Price
  • Commute

Commute

Starting Address
Destination Address
1618 Nw 4 Th Ave, GAINESVILLE, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties