University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida.
Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future… Read More infill expansion.
Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access.
The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion.
With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000 Read Less
Courtesy of PORTAL REALTY 352-871-5864
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
19
Full Baths
12
Square Ft.
12,008
Lot Size
1.6 Acres
Year Built
1947
MLS Number
GC538545
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Range, Washer
Building
Built in 1947, Living area: 12008, Living area units: Square Feet, Building faces South, 2 stories, Levels: Multi/Split, Construction Materials: Frame
Cooling
Central Air
Exterior Features
Balcony, Courtyard, Lighting, Sidewalk, Storage
Fence
Wood
Fireplaces
Living Room
Floors
Tile, Wood
Heating
Heat Pump, Natural Gas
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
Lot
1.6 acres
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 11948-000-000, Public Survey Range: 20, Public Survey Section: 4, Annual Amount: $14,435.5, Legal Description: DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489, Lot: 10, Year: 2025, Zoning: MU1
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
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