824 E University Ave Gainesville, FL 32601
Premier 12-unit mixed-use property near University of Florida.
Property size:
12,008 SFLot size:
1.60 AcresProperty Features for 824 E University Ave
General Information
- Standard status
- Active
- Zoning
- MU1
- Size
- 12,008 SF
- Lot size
- 1.60 Acres
Building Details
- Year built
- 1947
Source:
Crexi
Listing Agency: Portal Realty Listing Agent: Teresa Callen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Gainesville Mixed-Use Investment Opportunity
University Village presents a mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood. The property, situated on 1.6 acres, is located five minutes from the University of Florida. The property features flexible mixed-use zoning that allows for up to 29 units across the assemblage, with surplus land supporting future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers visibility and access. The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion. The property includes the following addresses, unit mix, and tax parcels: 834 E University Ave (front) vacant office 2/1, (Back/Studio) 1/1, Parcel# 11949-000-000; 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000; 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000; 108 NE 9th ST. 3/2. Parcel#:11944-000-000. The total heated area of all structures is 12,008 square feet.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3153268
- Latitude
- 29.6524213
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FAQs
What type of property is this?
Mixed-use property - Premier 12-unit mixed-use property near University of Florida.
Where is this mixed-use property located?
The property is located at 824 E University Ave Gainesville, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Premier mixed-use investment opportunity with flexible zoning allowing for up to 29 units.; - Stable in-place cash flow from 11 well-maintained residential units and a professionally finished commercial office building.; - Surplus land available for future development, increasing the property's long-term value.
