1017 SW 1ST AVE, GAINESVILLE, FL 32601

$2,190,000

Pending · 14 days on market · MLS# MFRGC531484

Bedrooms12
Living area6,228 sq ft
Lot size0.28 acres
Year built2000
Property typeMulti Family
Private poolYes
WaterfrontYes
Annual taxes$19,621
CountyAlachua

About this home

Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.

Listing courtesy of Eric Leightman, UNIVERSITY REALTY. Presented by MC Homes Realty Inc · 727432218.

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