For sale · Active

824 E University Avenue

Gainesville, FL 32601 · Gainesville Doig & Robertson Add

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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.