824 UNIVERSITY AVENUE GAINESVILLE FL 32601
Overview of 824 E University Ave
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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
This luxury single family home was built in 1947 and features 19 bedrooms, and 12 full bathrooms. This home for sale is 12,008 square feet, with 12,008 sq ft being air conditioned living space. The home has a does not have a private swimming pool.
Directions to this property are as follows: Ne Corner Of E University Ave And Ne 9th Street.
Please contact your ZFC agent for more information about MLS# MFRGC538545 or any other homes for sale in Gainesville or elsewhere in the Alachua County area.
824 University Ave Price Calculator
The payment calculator figures for 824 E University Ave should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $14,436 but will likely change when this home sells. These estimations are calculated from a list price of $2,200,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 824 University Ave
MLS# MFRGC538545 Listing History
Map of 824 University Ave Gainesville FL 32601
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