GAINESVILLE, FL 32601 824 E UNIVERSITY AVENUE
$2,200,000



9 more









Presented By: PORTAL REALTY with 352-871-5864. - 352-871-5864
Home Details
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 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
Presented By: PORTAL REALTY with 352-871-5864. - 352-871-5864
Interior Features for 824 E UNIVERSITY AVENUE
Bedrooms
Total Bedrooms19
Bathrooms
Half Baths0
Total Baths12
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Fireplace FeaturesLiving Room
Fireplace Y/NYes
FlooringTile, Hardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCathedral Ceiling(s), Ceiling Fan(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
Laundry FeaturesOther
Total Stories2
General for 824 E UNIVERSITY AVENUE
Additional Parcels Description11949-000-000, 11947-000-000, 11944-000-000
Additional Parcels Y/NYes
AppliancesRange, Washer
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsWood Frame
CoolingCentral Air
CountyAlachua
DirectionsNE corner of E University Ave and NE 9th Street
DockY/NNo
Facing DirectionSouth
Flood Zone CodeX
Flood Zone Code XY
Full Baths12
Garage Y/NNo
HeatingHeat Pump, Natural Gas
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionDOIG/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
LevelsMulti/Split
Listing TermsCash, Conventional, FHA, Owner May Carry, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet69696
Lot Size UnitsAcres
MLS Area32601 - Gainesville
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGAINESVILLE DOIG & ROBERTSON ADD
Tax Annual Amount14435.54
Tax Lot10
Tax Year2025
Total Rooms4
UtilitiesBB/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
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1947
ZoningMU1
Exterior for 824 E UNIVERSITY AVENUE
Building Area Total12008
Exterior AmenitiesBalcony, Courtyard, Lighting, Sidewalk, Storage
FencingWood
Foundation DetailsOther
Lot Size Acres1.6
Lot Size Area1.6
Number of Lots4
Private PoolNo
Road Surface TypeAsphalt
Water SourceNone
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Fabienne Exantus
Realtor®
SQFT • 12,008