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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 12/11/2025 |
|---|---|---|---|
| TRACT | N/A | YEAR BUILT | 1949 |
| COMMUNITY | 32603 - Gainesville | COUNTY | Alachua |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32603 - Gainesville |
| CONSTRUCTION | Block |
| EXTERIOR | Other |
| HEAT | Other |
| LOT | 0.29 acre(s) |
| SEWER | Septic Tank |
| SUBDIVISION | N/A |
| TAXES | 9416.32 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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Listing provided by Benjamin Burkley, MAISON, ben@maisonfla.com
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/11/25 6:15 PM PST.
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