$2,190,000 pending
1017 sw 1st avenue, gainesville, FL 32601
| Beds 12 | Baths 12 | 6,228 Sqft | 0.28 Acres |
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Property Description
Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.
General Information
Sale Price: $2,190,000
Price/SqFt: $352
Status: Pending
MLS#: GC531484
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: not assigned
Acres: 0.28
Bedrooms:12
Bathrooms:12
House Size: 6,228 sq.ft.
Acreage: 0.28 est.
Year Built: 2000
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Garage: No
Construction: HardiPlank Type
Exterior Misc: Lighting, Other
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $19,621
Legal Description: LOTS THREE (3) AND FOUR (4), BLOCK FIVE (5), "UNIVERSITY PLACE," AS PER PLAT THEROF RECORDED IN PLAT BOOK "A" PAGE 77, OF THE PUBLIC RECORDS OF ALACHUA COUNTY, FLORIDA
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Eric Leightman of UNIVERSITY REALTY, Phone: 352-327-9500
