Under contract

1511 & 1509 NE 5TH AVE, Gainesville, FL 32641

Beds
3
Baths
2
Sqft
1,587

View property features, location on map, relevant school information and overview from seller's agent.

Listed byEXP REALTY LLC
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Overview

Under contract-accepting backup offers. Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market.
Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen.
Low-maintenance flooring with tile floors—no carpets.
Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.).
Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in.
Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue.
Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability.
Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers.
This property is priced right and sold as is! Bring all offers.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,587
Lot size (acres)
0.28
Year built
1980

Interior features

Laundry
None

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$2,909.08

Public schools

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Sourced from: Stellar MLS MLS®#: GC539885 Last checked:

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