Haile Village Mixed-Use
5015 SW 91 Ter Gainesville, FL 32608
5015 SW 91 Ter, Gainesville, FL, 32608
$1,275,000
For Sale
$1,275,000
Three-story mixed-use building with commercial space and luxury penthouse.
Property Size3,700 SF
Price / SF$344.59
Days on Market86
Property Features for 5015 SW 91 Ter
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2009
Listing Agency
(352) 514-3522
Listed by
Michele Loeffler · License #0464836
(352) 514-3522
Source
Elliman
Added: Apr 24 Checked: Jul 17 at 8:02 am
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 Michele Loeffler
Investment Insights
Based on property information with market context.
This custom-built, three-story, mixed-use building is located in the Haile Village Center. The property includes an income-producing commercial space on the first floor. A private elevator provides access to a two-story, over 3,700 square foot luxury penthouse home. The third floor features luxurious finishes throughout, including wood floors, crown molding, and 15-foot ceilings. The kitchen boasts cherry cabinets, granite counters, two islands, and a Thermador appliance package. The living room/dining room combination includes a gas fireplace. This level also features a full bathroom and a theater room complete with a wet bar and refrigerator. Multiple covered balconies allow for enjoyment of the Village views and include a private summer kitchen for alfresco dining and grilling. The second floor includes three full bedrooms, a study, and a gathering area. The large primary bedroom features a spacious walk-in closet and a bathroom with marble floors, a large bathtub, and a walk-in shower. The large gathering space has built-ins, a microwave, and a second wet bar area. Abundant windows provide private views of the tree-lined Village street. The property is within a short distance to the restaurants, shops, and the weekly farmers market in Haile Village. The long-term tenant occupying the first floor provides rental income each month.
Key Highlights
- Income‑producing commercial space on the first floor
- Private elevator access to a sprawling 3,700+ sq ft luxury penthouse
- Luxurious finishes throughout, including wood floors, crown molding, and a showstopping kitchen with Thermador appliances
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.3k | $19.80 |
| − Vacancy | −$11.7k | −$3.17 |
| EGI | $61.5k | $16.63 |
| − OpEx | −$15.4k | −$4.16 |
| NOI | $46.2k | $12.47 |
3,700 SF · lease $19.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$659.3K
$576.9K – $769.2K
NOI $46,154 @ 7.0% cap · market cap 3.62%
Second Best
Mixed Use
$610.5K
$534.2K – $712.3K
NOI $42,735 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$916.4K
$801.9K – $1.07M
NOI $64,149 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quilting Makes the Quilt
(Bike/Boat/Book/etc) Store
Continuum Services, Inc.
Medical Supply Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-story mixed-use building with commercial space and luxury penthouse.
Where is this mixed-use property located?
The property is located at 5015 SW 91 Ter Gainesville, FL.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Income‑producing commercial space on the first floor; Private elevator access to a sprawling 3,700+ sq ft luxury penthouse; Luxurious finishes throughout, including wood floors, crown molding, and a showstopping kitchen with Thermador appliances
