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Heavenly Blessings Realty LLC
1401 Nw 5th Avenue, Gainesville, FL 32603
- $915,000
- 3,300
- SqFt
- Sold Price
- $915,000
- List Price
- $1,050,000
- Status
- Sold
- Days on Market
- 206
- Closing Date
- Apr 06, 2026
- MLS#
- GC532877
- Property Style
- Multi-Family 5+
- Year Built
- 1959
- Living Area
- 3,300
- Lot Size
- 11,761
- Acres
- 0.27
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Brown B W
- MLS Area Major
- Gainesville
Property Description
Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors.
Additional Information
- Taxes
- $9296
- Community Features
- No Deed Restriction
- Zoning
- RMF8
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 15197-000-000
- Legal Description
- B W BROWN PLAT PB A-29 N 100 FT OF E 118 1/2 FT OF LOT 1 BK 6 OR 2781/0625
Listing courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC. 352-278-4648
Selling Office: UNIVERSITY REALTY.Mortgage Calculator
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