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Single-Story Multifamily Property

20420 NW 243RD Dr High Springs, FL 32643

New
20420 NW 243RD Dr, High Springs, FL, 32643
$2,650,000
For Sale
$2,650,000

Consistently fully leased, single-story apartment community with parking directly in front of each unit.

Lot Size6.00 Acres
Days on Market3

Property Features for 20420 NW 243RD Dr

General Information

Standard status
Active
Lot size
6.00 Acres
Property subtype
Commercial

Building Details

Year Built
1983
Listing agency
Listed by Beau Beery
Source Elliman
Added: Jul 19 Updated: Jul 20 at 3:31AM Checked: Jul 21 at 5:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beau Beery


Investment Insights

Based on property information with market context.

This single-story apartment community is consistently fully leased and arranged with parking directly in front of the units. The property includes 7 one-bedroom/one-bath units, 17 two-bedroom/one-bath units, and 4 three-bedroom/one-bath units. One of the five buildings had its roof replaced in 2025.

The property is located in High Springs, Florida, about 10 minutes north of Gainesville. The community sits on approximately 6 acres and leaves room to add an additional 44 units. BikeScore is 36 (Somewhat Bikeable) and WalkScore is 23 (Car-Dependent). The same owner is also selling two quadruplex buildings about 2 miles away (see MLS reference in remarks).

Key Highlights

  • Consistently fully leased single‑story apartment community with parking directly in front of the units
  • 28 units total: 7x 1BR/1BA, 17x 2BR/1BA, and 4x 3BR/1BA
  • Average in‑place rent is $960/month

Property Analytics

Location Intelligence

Current Use by Public Records

The Villas At High Springs Housing Complex

Suggested Use

Building Supply Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Nail Salon HVAC Service Cafe & Coffee Shop

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

FAQs

What type of property is this?
Apartment building - Consistently fully leased, single-story apartment community with parking directly in front of each unit.
Where is this apartment building located?
The property is located at 20420 NW 243RD Dr High Springs, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Consistently fully leased single‑story apartment community with parking directly in front of the units; 28 units total: 7x 1BR/1BA, 17x 2BR/1BA, and 4x 3BR/1BA; Average in‑place rent is $960/month
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