FL
Alachua
GAINESVILLE
32603
1618 NW 4TH AVENUE
1618 NW 4TH AVENUE, GAINESVILLE, FL 32603
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Listing Type
Multi Family
Listing Status
Active
7
$749,000

Home Details for 1618 NW 4TH AVENUE

Price
$749,000
Type
Residential Income
Bedrooms
4
Bathrooms
3.0
Square feet
1616
Year built
1949
Lot size acres
0.29
County
Alachua
Garage
Days on site
1
MLS Listing#
GC535993
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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Property Features
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  • Water Features
    • Public
Listing Courtesy: MAISON - 352-283-9141
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Last Updated: 2025-12-12 06:17:08
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EXIT REALTY PRODUCERS
3600 NW 43rd St. Suite F-1, Gainesville, FL 32606
Office
352 505 5700
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