GAINESVILLE, FL 32601 1017 SW 1ST AVENUE
$2,190,000
17 more
Presented By: UNIVERSITY REALTY with 352-327-9500. - 352-327-9500
Beds • 12
Baths • 12
SQFT • 6,228
Home Details
Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.
Presented By: UNIVERSITY REALTY with 352-327-9500. - 352-327-9500
Interior Features for 1017 SW 1ST AVENUE
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths12
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesvaulted ceiling(s)
Laundry Featureslaundry closet
General for 1017 SW 1ST AVENUE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialshardiplank type
Coolingcentral air
Countyalachua
Directionsfrom the corner of w. university and 13th street, go east on w. university, turn right onto 12th street and then turn left onto sw 1st ave.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income189761
HOANo
Heatingcentral
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlots three (3) and four (4), block five (5), university place, as per plat therof
recorded in plat book a page 77, of the public records of alachua county, florida
Living Area Unitssquare feet
Lot Size Square Feet12196
Lot Size Unitssquare feet
MLS Area32601 - gainesville
ModificationTimestamp2025-06-09t23:11:18.697z
New ConstructionNo
Number Of Units Total6
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namenot assigned
Tax Annual Amount19621
Tax Lot-
Tax Year2024
Utilitiescable connected, electricity connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2000
Zoningu-9
Exterior for 1017 SW 1ST AVENUE
Exterior Amenitieslighting, other
Foundation Detailsslab
Lot Size Acres0.28
Lot Size Area12196
Number of Buildings1
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo
Additional Details
Price History
Wei Wang
Realtor
