For sale · Active
824 E University Avenue
Gainesville, FL 32601 · Gainesville Doig & Robertson Add
19 beds12 baths12,008 sqftbuilt 1947
About this home
University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida. Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access. The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion. With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000
The essentials
- Status
- Active
- Property type
- Single Family Residence
- Year built
- 1947
- Days on market
- 1
- Subdivision
- Gainesville Doig & Robertson Add
- County
- Alachua
- MLS #
- GC538545
Interior
- Living area
- 12,008 sqft
- Bedrooms
- 19
- Bathrooms
- 12
- Flooring
- Tile, Hardwood
- Interior features
- Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Cooling
- Central Air
- Heating
- Heat Pump, Natural Gas
Exterior & lot
- Lot size
- 1.6 Acres
- Construction
- Wood Frame
- Roof
- Shingle
- Exterior features
- Balcony, Courtyard, Lighting, Sidewalk, Storage
Community & costs
- Annual taxes
- $14,435
- Ownership
- Fee Simple
Listing courtesy of PORTAL REALTY · Stellar MLS. This information is believed to be accurate, but without warranty.
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