824 E UNIVERSITY Ave, Gainesville, FL 32601

Beds
19
Baths
12
Sqft
12,008

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Listed byPORTAL REALTY
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Overview

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

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
19
Number of bathrooms
12
Square feet
12,008
Lot size (acres)
1.60
Year built
1947

Interior features

Laundry
Other

Exterior features

Horse amenities
Stable

Utilities

Heating
Heat Pump, Natural Gas
Cooling
Central Air

Taxes

Tax Annual Amount (2025)
$14,435.54

Public schools

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Sourced from: Stellar MLS MLS®#: GC538545 Last checked:

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