Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, double-paned windows, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.
Property Details
Price:
$2,190,000
MLS #:
GC531484
Status:
Active
Beds:
12
Baths:
12
Address:
1017 SW 1ST AVENUE
Type:
Multi Family
Subdivision:
NOT ASSIGNED
Neighborhood:
32601 – Gainesville
City:
GAINESVILLE
Listed Date:
Jun 4, 2025
State:
FL
Finished Sq Ft:
6,228
ZIP:
32601
Lot Size:
12,196 sqft / 0.28 acres (approx)
Year Built:
2000
Units:
6
Schools
Interior
Cooling
Central Air
Heating
Central
Laundry Features
Laundry Closet
Exterior
Construction Materials
Hardi Plank Type
Exterior Features
Lighting, Other
Roof
Shingle
Financial
Tax Year
2024
Taxes
$19,621
Map
Community
- Address1017 SW 1ST AVENUE GAINESVILLE FL
- SubdivisionNOT ASSIGNED
- CityGAINESVILLE
- CountyAlachua
- Zip Code32601
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1017 SW 1ST AVENUE
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