Investment Opportunity Near
For Sale
$2,000,000
203 NW 15th St, Gainesville, FL 32603
8-unit portfolio near the University of Florida, fully leased.
Property Size4,433 SF
Price / SF$451.16
Days on Market188
Property Features for 203 NW 15th St
General Information
Standard status
Active
Size
4,433 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
University Park
Building Details
Year Built
1920
Listing Agency:
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Listed By:
Jamie Williams · License #3491384
(352) 278-4648
Source:
Whitneyperkinsteam
Added: Apr 24
Changed: Oct 26
Last Checked: Oct 26 at 9:15PM
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 CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
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Investment Insights
Based on property information with market context.
This 8-unit portfolio represents an investment opportunity, situated just two blocks from the University of Florida. The property is located within the U5 zoning district. All 8 units are fully leased through July 2027, providing immediate income. The property features six one-bedroom, one-bathroom units, each including a full kitchen, living area, and a private bathroom. In-unit washer and dryer and LVP flooring are included. Each apartment has one assigned parking space per unit. The corner duplex contains two one-bedroom, one-bathroom units, each featuring a living/dining combo, full kitchen, and private bath. One parking space is assigned per unit. The property has visibility on the corner lot. The bike score is 81, indicating it is very bikeable, and the walk score is 65, indicating it is somewhat walkable.
Key Highlights
- Prime location: Just two blocks from the University of Florida (UF), offering unbeatable walkability to campus.
- Fully leased through July 2027, providing immediate and stable income.
- Eight‑unit portfolio with a mix of six 1‑bed/1‑bath units and a corner duplex (two 1/1 units).
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,843
Businesses Nearby
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Business Placement
Demographics for 32603, FL
7,367
Population
2,963
Households
2.5
Avg Household Size
24
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
8,186
Density / Sq Mi
$14,580
Median Household Income
$7,084
Median Earnings
$1,141
Median Rent
$290,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit portfolio near the University of Florida, fully leased.
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, providing immediate and stable income.; Eight‑unit portfolio with a mix of six 1‑bed/1‑bath units and a corner duplex (two 1/1 units).
