00 7Th St Gainesville, FL 32601
- Land
Current Use by Public Records
- Land
Property Details for 00 7Th St
- Property type
- Land
Description
This exceptional offering presents a rare opportunity to acquire two adjacent vacant lots totaling 0.18 acres (.09 acres each) in the heart of Gainesville, Florida. Located at 00 NW 7th Ave, Gainesville, FL 32601, this fee-simple property is zoned MU1, providing significant potential for multi-family residential development. The location offers unparalleled access to the University of Florida, Shands Hospital, and the vibrant downtown area's dining, shopping, and cultural attractions. The MU1 zoning encourages higher-density residential projects, aligning perfectly with the growing demand for urban living in Gainesville. This property is ideal for developers seeking to capitalize on the city's thriving market. The seller possesses survey and sample plans available for prospective buyers. The asking price for this exceptional investment opportunity is $399,999. This is a vacant land offering, easily accessible for viewing. The combined parcels present a unique chance to create a substantial income-producing residential development in a highly desirable location. Don't miss this chance to build in a prime downtown Gainesville location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.325
- Latitude
- 29.658
