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$ 2,400,000
Est. payment | /mo
3 Baths
11,484 SqFt
$ 2,400,000
Est. payment | /mo
3 Baths
11,484 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,484 sqft
Price per Sqft $208
MLS Listing ID 1220222
Year Built 1973
Annual Tax Amount $15,221
Lot Size 1.130 Acres
Lot Dimensions 1.13
Property Sub-Type Multi Family
Source Daytona Beach Area Association of REALTORS®
Property Description
This site represents one of the last walkable redevelopment opportunities near the University of Florida. At 1.12 acres with flexible U-9 zoning, the property sits in the heart of Gainesville's most proven multifamily market—one that continues to experience strong pre-leasing velocity, high absorption, and consistent rent growth.
The immediate adjacency to a new 239-unit student housing development with a structured garage accelerates the area's transformation into a modern student-living corridor. Developers benefit from the momentum: increased density, pedestrian activity, and infrastructure investment are already in motion.
The immediate adjacency to a new 239-unit student housing development with a structured garage accelerates the area's transformation into a modern student-living corridor. Developers benefit from the momentum: increased density, pedestrian activity, and infrastructure investment are already in motion.
Location
State FL
County Alachua
Direction From I-75 N take exit 384 onto SR-24 Archer Rd to left onto SW 34th St left onto SE 19th st
Exterior
Parking Features Other
Building
Lot Description Other
Others
Senior Community No
Tax ID 06702-003-004
Listed by Coldwell Banker Commercial Benchmark
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