Mixed-Use Building With
5015 SW 91 Terrace, Gainesville, FL 32608
For Sale
$1,275,000
Commercial Sale, GAINESVILLE, FL
Property Size5,340 SF
Lot Size0.05 Acres
Price / SF$238.76
Days on Market297
Property Features for 5015 SW 91 Terrace
General Information
Property type
Property subtype
Zoning
Pets allowed
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private elevator
wood floors
crown molding
15-foot ceilings
cherry cabinets
granite counters
two islands
Thermador appliance package
gas fireplace
theater room with wet bar and refrigerator
covered balconies
private summer kitchen
walk-in closet
marble floors
large bathtub
walk-in shower
built-ins
microwave
second wet bar area
abundant windows
private views
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
BOSSHARDT REALTY SERVICES LLC
(352) 371-6100
Listed By:
Michele Loeffler · License FL #0464836
(352) 514-3522
Added: Jan 20
Changed: Nov 10
Last Checked: Nov 12 at 6:06AM
MLS# GC536758
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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Investment Insights
Based on property information with market context.
This three-story mixed-use property contains commercial space on the first floor and a private, two-level penthouse above. The residence measures more than 3,700 square feet and includes three bedrooms, a study, gathering areas, a theater room, multiple wet bars, and covered balconies. Interior features include wood flooring, crown molding, 15-foot ceilings, a gas fireplace, and a kitchen with cherry cabinetry, granite countertops, two islands, and Thermador appliances. The primary suite includes a walk-in closet, marble flooring, a bathtub, and a walk-in shower. A long-term tenant occupies the first-floor commercial area and provides recurring rental income.
The property is located in Haile Village Center, within short distance of restaurants, shops, and a weekly farmers market. Public water and sewer serve the property, with central heating and cooling and natural gas service. The building was constructed in 2009 and occupies a 0.05-acre site.
The property is located in Haile Village Center, within short distance of restaurants, shops, and a weekly farmers market. Public water and sewer serve the property, with central heating and cooling and natural gas service. The building was constructed in 2009 and occupies a 0.05-acre site.
Key Highlights
- 5,340 square feet across a three‑story mixed‑use building
- Two‑story penthouse residence measures more than 3,700 square feet
- First‑floor commercial space is occupied by a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,677
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,540
$1.2M
Cap Rate 7%
$881,100
$881.1K
Cap Rate 9%
$685,300
$685.3K
Market Conditions
NOI Build-Up for 5,340 SF
Gross rent
$112.1K $21.00/SF
− Vacancy
−$13.5K −$2.52/SF
EGI
$98.7K $18.48/SF
− OpEx
−$37.0K −$6.93/SF
NOI
$61.7K $11.55/SF
Area
Gainesville, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,540
Cap Rate 7%
$881,100
Cap Rate 9%
$685,300
Alternative Uses
Best Use
Mixed Use
$881.1K
$771.0K – $1.03M
NOI $61,677 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,583 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
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Business Placement
Demographics for 32608, FL
55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Gainesville, FL
Properties on Market for Mixed-use properties in Gainesville
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story property combines ground-floor commercial space with a private elevator-served residential penthouse and covered balconies.
Where is this mixed-use property located?
The property is located at 5015 SW 91 Terrace 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: 5,340 square feet across a three‑story mixed‑use building; Two‑story penthouse residence measures more than 3,700 square feet; First‑floor commercial space is occupied by a long‑term tenant
