Homes for sale - 1618 NW 4TH AVE, Gainesville, FL 32603

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Wandy Garcia

wandygarcia@kw.com +1(813) 485-4663

$ 749,000

Est. payment | -/mo

4 Beds

3 Baths

1,616 SqFt

Save Virtual Tour

$ 749,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

1,616 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,616 sqft

Price per Sqft $463

MLS Listing ID GC535993

Bedrooms 4

HOA Y/N No

Year Built 1949

Annual Tax Amount $9,416

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida's main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.

Location

State FL

County Alachua

Area 32603 - Gainesville

Zoning RMU

Interior

Interior Features Ceiling Fans(s)

Heating Other

Cooling Other

Fireplace false

Laundry Outside

Exterior

Exterior Feature Other

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Pillar/Post/Pier

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Owner Financing

Listing Terms Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC535993

Listed by Benjamin Burkley MAISON

GET MORE INFORMATION

Wandy Garcia

REALTOR®, Veteran, Hablo Español

wandygarcia@kw.com

+1(813) 485-4663

18302 Highwoods Preserve Pkwy #110 Tampa, FL, 33647

1618 NW 4TH AVE Gainesville, FL 32603

Wandy Garcia

Key Details

Location

Interior

Exterior

Building

Others

1618 NW 4TH AVE