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119 11th Street
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PRICED AT ONLY: $525,000

Address: 119 11th Street, GAINESVILLE, FL 32601

Description

Development opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3 bedroom, 1 bathroom home offers over 1,200 sqft of living space, screened in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought after area!

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  • MLS#: GC524625 ( Residential )
  • Street Address: 119 11th Street
  • Viewed: 11
  • Price: $525,000
  • Price sqft: $380
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 1380
  • Bedrooms: 3
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 135

Description

Development opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3 bedroom, 1 bathroom home offers over 1,200 sqft of living space, screened in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought after area!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Wood
  • Living Area: 1240.00
  • Roof: Shingle
School Information
  • High School: Gainesville High School-AL
  • Middle School: Westwood Middle School-AL
  • School Elementary: Carolyn Beatrice Parker Elementary
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Legal Description: Lot 10, Block 12, Mosley's Subdivision, according to the plat thereof, recorded in Plat Book A, Page 111, the same being of the East 1/2 of Block 12 of Brown's Addition to Gainesville, recorded in Plat Book A, Page 64, of the Public Records of Alachua County, Florida.
  • Levels: One
  • Area Major: 32601 - Gainesville
  • Occupant Type: Tenant
  • Parcel Number: 13980-000-000
  • Views: 11
  • Zoning Code: U6
Nearby Subdivisions
Audubon Park   Audubon Park Rep   Browns Add Moseleys Sub   Browns Add S J Thomas   Browns Addn S.j. Thomas   Brush Add    Brush Add To Gville   Colclough Hill 1st Addnclinch    Doig Robertsons Add To Gville   Doig Robertson   Elliot Lengle   Fairfield Add   Fairfield110   Fairview Rep   Gainesville Elliott & Lengle A   Gainesville Kings Addition To   Gainesville Mcdowalls Add   Highland Court 4   Ingleside   Kirkwood West Clinch Grnt   Leigh Terrace   Mcdowalls   Minor Sub   Original Gainesville (010)   Pine View   Waites W H  
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