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    824 University Avenue
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    PRICED AT ONLY: $2,200,000

    Address: 824 University Avenue, GAINESVILLE, FL 32601

    Description

    University Village is a premier 12 unit mixed use investment opportunity in Gainesvilles 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 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
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    •   Principal & Interest -
    •   Property Tax $
    •   Home Insurance $
    •   HOA Fees $
    •   Mortgage Insurance-

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    • MLS#: GC538545 ( Residential )
    • Street Address: 824 University Avenue
    • Viewed: 58
    • Price: $2,200,000
    • Price sqft: $183
    • Waterfront: No
    • Year Built: 1947
    • Bldg sqft: 12008
    • Bedrooms: 19
    • Total Baths: 12
    • Full Baths: 12
    • Days On Market: 53
    • Acreage: 1.60 acres
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Exterior Features: Balcony, Courtyard, Lighting, Sidewalk, Storage
    • Fencing: Wood
    • Flooring: Tile, Wood
    • Living Area: 12008.00
    • Roof: Shingle
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Eco-Communities
    • Water Source: None
    Utilities
    • Carport Spaces: 0.00
    • Cooling: Central Air
    • Heating: Heat Pump, Natural Gas
    • Sewer: Public Sewer
    • 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
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Tax Year: 2025
    Other Features
    • Appliances: Range, Washer
    • Country: US
    • Furnished: Unfurnished
    • Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
    • 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
    • Levels: Multi/Split
    • Area Major: 32601 - Gainesville
    • Occupant Type: Tenant
    • Parcel Number: 11948-000-000
    • Views: 58
    • Zoning Code: MU1

    Contact Info

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