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 Floridas main campusand only minutes from Ben Hill Griffin Stadiumthis 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.
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 Floridas main campusand only minutes from Ben Hill Griffin Stadiumthis 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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Other
Living Area: 1616.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Other
Heating: Other
Sewer: Septic Tank
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Interior Features: Ceiling Fans(s)
Legal Description: LEONARD S/D LOT 55 PB A-44 COM SW COR LOT 4 E 208.3 FT POB N 138.4 FT E 92.43 FT S 138.4 FT W 92.43 FT POB OR 3168/ 0204 & OR 4236/0680
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