Address: 824 University Avenue, Gainesville, FL 32601
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
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
Legal Description: DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
New Listings & Price Reduction Updates sent directly to your email
Create Your Own Property Search saved for your return visit.
"Like" Listings and Create a Favorites List
* NOTICE: By creating your free profile, you authorize us to send you periodic emails about new listings that match your saved searches and related real estate information.If you provide your telephone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.
Apply Now
