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.
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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
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: GC535993 Last checked: …
