1618 Nw 4th Avenue, Gainesville, FL 32603
- $600,000
- 4
- BD
- 3
- BA
- 1,616
- SqFt
- Sold Price
- $600,000
- List Price
- $699,000
- Status
- Sold
- Days on Market
- 123
- Closing Date
- May 31, 2026
- MLS#
- GC535993
- Property Style
- Triplex
- Year Built
- 1949
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,616
- Lot Size
- 12,632
- Acres
- 0.29
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- N/A
- MLS Area Major
- Gainesville
Property Description
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 Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this 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.
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Additional Information
- Taxes
- $9416
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Zoning
- RMU
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Utilities
- Public
- Heating
- Other
- Air Conditioning
- Other
- Exterior Construction
- Block
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 14950-000-000
- 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
Listing courtesy of MAISON. ben@maisonfla.com
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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