Sold

1618 NW 4TH Ave, Gainesville, FL 32603

Beds
4
Baths
3
Sqft
1,616

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

Listed byMAISON
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
1,616
Lot size (acres)
0.29
Year built
1949

Interior features

Laundry
Outside

Utilities

Heating
Other
Cooling
Other
Sewer
Septic System
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,416.32

Public schools

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Sourced from: Stellar MLS MLS®#: GC535993 Last checked:

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