534 & 580 NW 7TH TERRACE, Gainesville, FL 32601

Building Details

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Listing agent Eric Leightman License #3056069 Show Phone

Listing office UNIVERSITY REALTY g***@gmail.com 1107 SW 2 AVE, Gainesville, FL Show Phone

Listing date Aug 15, 2025

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MLS# GC533379 Listing URL

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.

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Gainesville

County

Alachua

State

Florida

Longitude

-82.332537

Latitude

29.656317

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FAQs

What type of property is this?

Residential land & home lot - Two adjacent residential lots near University of Florida and Downtown.

Where is this residential land & home lot 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 $325,000.

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.