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    1401 NW 5Th Ave Gainesville, FL 32603

    For Sale
    $1,175,000

    Multi Family - GAINESVILLE, FL

    Property size:
    3,300 SF
    Lot size:
    0.27 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1401 NW 5Th Ave

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RMF8
    APN
    15197-000-000
    Interior features
    Ceiling Fans(s)
    Size
    3,300 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1959
    Number of units
    6
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    Tammy Broxson Real Estate Group (352) 262-0027 [email protected]

    Listing agent Jamie Williams, LLC (352) 505-7654 License #3491384

    Listing date Nov 28, 2025

    MLS# GC533421 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gainesville Multifamily Investment Opportunity

    This multifamily property in Gainesville, Florida, presents an investment opportunity with six income-generating units. Located four blocks from the University of Florida's Business School, the property benefits from its proximity to campus. The zoning is RMF8. The property contains six 1-bedroom, 1-bathroom units. The building has a total area of 3300 square feet and is situated on a 0.27-acre lot. Five of the six units are currently leased through July 2026, providing immediate income. One unit is currently vacant, offering the potential for renovation or leasing at market rate. All units have parking, and there are additional parking spaces available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.340796
    Latitude
    29.655518

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    FAQs

    What type of property is this?
    Apartment building - Six income-producing units near the University of Florida campus.
    Where is this apartment building located?
    The property is located at 1401 NW 5Th Ave Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: - Six income-producing 1BR/1BA units in a prime location just 4 blocks from UF campus.; - Zoned U5, ideal for consistent rental income and long-term appreciation.; - Five of six units are currently leased through July 2026, providing immediate cash flow.
    (352) 505-7654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 NW 5Th Ave Gainesville, FL 32603
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