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    203 NW 15Th St Gainesville, FL 32603

    New
    For Sale
    $2,000,000

    Multi Family - GAINESVILLE, FL

    Property size:
    4,433 SF
    Lot size:
    0.35 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 203 NW 15Th St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RMU
    APN
    14925-000-000
    Interior features
    Window Treatments
    Exterior features
    Sidewalk
    Size
    4,433 SF
    Lot size
    0.35 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Number of units
    8
    Building materials
    Block, Frame
    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 Dec 10, 2025

    MLS# GC535966 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 its location just two blocks from the University of Florida. The property, situated within the U5 zoning district, features eight units fully leased through July 2027, providing immediate income. The portfolio includes six one-bedroom, one-bathroom units, each equipped with a full kitchen, living area, private bathroom, in-unit washer and dryer, and LVP flooring. Each apartment has one assigned parking space. Additionally, the property includes a corner duplex with two one-bedroom, one-bathroom units, each featuring a living/dining combo, full kitchen, and private bath, and one parking space per unit. The property benefits from visibility on a corner lot. The property size is 4433 square feet on a 0.35-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.34142
    Latitude
    29.653485

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    FAQs

    What type of property is this?
    Apartment building - 8-unit portfolio near UF, fully leased through July 2027.
    Where is this apartment building located?
    The property is located at 203 NW 15Th St Gainesville, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime location: Just two blocks from the University of Florida (UF) offering unbeatable walkability to campus.; - Fully leased through July 2027: Provides immediate and stable income from day one.; - Eight-unit portfolio: Includes six 1-bed/1-bath units and a corner duplex (two 1/1 units).
    (352) 505-7654
    Request Owner's contact information
    203 NW 15Th St Gainesville, FL 32603
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    Gainesville, FL 32603
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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
    203 NW 15Th St Gainesville, FL 32603
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