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Asking Price

$ 699,000

Status

Active

1618 NW 4TH AVENUE

GAINESVILLE, FL,32603, N/A

Overview

4 Bedrooms

Bathrooms

Garage

1,616 sqft

Year Built: 1949


School Nearby

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.


Features

Status:   Active

Beds:    4

Baths:  

Square Footage:   1,616 Sq. Ft

HOA Fee:   -

Property Type:   Triplex

MLS Number:   GC535993

Days on Market:   57

Year Built:   1949

Lot Size:  

County:   Alachua

Taxes:   $9,416.00


Address

1618 NW 4TH AVENUE , GAINESVILLE ,FL

Listing provided by: MAISON, 352-283-9141

Asking Price

$699,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 02/06/2026 19:32. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.