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    534 NW 7Th Ter Gainesville, FL 32601

    For Sale
    $350,000

    Land - GAINESVILLE, FL

    Lot size:
    0.22 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 534 NW 7Th Ter

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RC
    APN
    13578-000-000
    Exterior features
    Corner Lot, Paved
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    University Realty LLC (352) 281-3551 [email protected]

    Listing agent Eric Leightman (352) 327-9500 License #3056069

    Listing date Oct 20, 2025

    MLS# GC533379 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

    Residential Lots in Historic Neighborhood

    Two adjacent residential lots located at 534 and 580 NW 7th Terrace in Gainesville present a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction. Permits and designs are available for a residence with an income-producing apartment, optimizing 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. The location is 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. The zoning is RC. This location is highly sought after.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -82.332537
    Latitude
    29.656317

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    FAQs

    What type of property is this?
    Residential land & home lot - Two adjacent lots near University of Florida and Downtown Gainesville.
    Where is this residential land & home lot located?
    The property is located at 534 NW 7Th Ter Gainesville, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Two adjacent lots in the historic Pleasant Street neighborhood, offering a rare development opportunity.; - Cleared south lot (534 NW 7th Terrace) with permits and designs ready for immediate construction of a residence and income-producing apartment.; - Highly desirable location within walking distance to the University of Florida, Downtown Gainesville, and University Avenue.
    (352) 327-9500
    Request Owner's contact information
    534 NW 7Th Ter Gainesville, FL 32601
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    Gainesville, FL 32601
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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
    534 NW 7Th Ter Gainesville, FL 32601
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