Residential Lots in Historic
For Sale
$299,000
534 & 580 NW 7TH Terrace, Gainesville, FL 32601
Land, GAINESVILLE, FL
Property SizeContact for details
Lot Size0.22 Acres
Days on Market395
Property Features for 534 & 580 NW 7TH Terrace
General Information
Property type
Land
Property subtype
Other
Zoning
RC
Subdivision
PLEASANT STREET
Lot features
Buildable, Cleared, Corner Lot, Paved, Wooded
View
City
Directions
From University Avenue, head north on NW 6th Street, then turn left on NW 5th Avenue. Go two blocks and turn right on NW 7th Terrace. Properties are ahead on the left.
Standard status
Active
APN
13578-000-000
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.
Tax Annual Amount
1489
Legal Description
Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
UNIVERSITY REALTY
(352) 327-9500
Listed By:
Eric Leightman · License #3056069
(352) 219-2879
Added: Aug 15, 2025
Changed: Aug 20
Last Checked: Sep 13 at 10:06PM
MLS# GC533379
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Two adjacent residential lots located at 534 and 580 NW 7th Terrace in Gainesville offer a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. The combined lot size is 0.22 acres. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot.
Key Highlights
- Two adjacent lots offered together in the historic Pleasant Street neighborhood.
- South lot (534 NW 7th Terrace) is cleared and ready for construction WITH PERMITS AND DESIGNS for a residence and income‑producing apartment.
- Prime location: WALKING DISTANCE to the University of Florida, Downtown Gainesville, and University Avenue business district.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,832
Businesses Nearby
Explore this area
Business Placement
Demographics for 32601, FL
22,039
Population
11,204
Households
2
Avg Household Size
27
Median Age
62%
College-Educated
97%
High-School Grad
4.6 sq mi
ZIP Area
4,791
Density / Sq Mi
$30,878
Median Household Income
$18,954
Median Earnings
$1,092
Median Rent
$284,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Two adjacent residential lots near University of Florida and Downtown.
Where is this land located?
The property is located at 534 & 580 NW 7TH Terrace Gainesville, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two adjacent lots offered together in the historic Pleasant Street neighborhood.; South lot (534 NW 7th Terrace) is cleared and ready for construction WITH PERMITS AND DESIGNS for a residence and income‑producing apartment.; Prime location: WALKING DISTANCE to the University of Florida, Downtown Gainesville, and University Avenue business district.
