Property profile

1517 5th Ave Gainesville, FL 32603

OFF-MARKET
High-rise multifamily apartments
Property ID
US18-3531879
6,336 SF 1.1 ac lot Built 1966
Individually Owned Absentee Owner
Saved · see the list in your Dashboard

Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,336 SF
Lot 1.1 ac (47,916 SF)
Zoning code U5
APN 14941-000-000
UPID US18-3531879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1517 5th Ave Gainesville, FL 32603-1694
Gainesville metro Census 1000 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
$384k
Blend (final) Blend
$520k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

U5 · Gainesville, FL
Zoning description

to implement the Comprehensive Plan, to promote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1517 5th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message