GAINESVILLE, FL 32601 302 NW 7TH TERRACE

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Presented By: BRG REALTY VENTURES with 352-871-8324. -
  • MLS# R4909491
  • 06/17/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 2,174

Home Details

WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).
Presented By: BRG REALTY VENTURES with 352-871-8324. -

Interior Features for 302 NW 7TH TERRACE

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresinside

General for 302 NW 7TH TERRACE

Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Citygainesville
Construction Materialswood siding
Coolingcentral air
Countyalachua
Directionsfrom intersection of university avenue and nw 13th street, head east on university ave. turn left (north) on nw 8th avenue. subject is on the nw corner of 8th ave and 3rd street.
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingelectric
Land Lease Y/NNo
Legal Descriptionbrown addn bk 3 pb a-64 fennell s/d of sw1/4 pb a-74 lot 8 & 9 or 1803/1648
Living Area Unitssquare feet
Lot Size Square Feet8276
Lot Size Unitssquare feet
MLS Area32601 - gainesville
ModificationTimestamp2025-06-18t10:51:47.850z
New ConstructionNo
Number Of Units Total4
Ownershipfee simple
Property Subtypeduplex
Property Typeresidential income
Roofmetal
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namebrowns add -j m fennell
Tax Annual Amount5571.14
Tax Lot8
Tax Year2024
Utilitiescable connected, electricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1935
Zoningrc

Exterior for 302 NW 7TH TERRACE

Exterior Amenitiesother
Foundation Detailsslab
Lot Dimensions96 x 87.2
Lot Size Acres0.19
Lot Size Area8276
Number of Buildings2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Luisa Fondeur

Realtor®
Price $675,000
MLS#R4909491
List Date 06/17/2025
Property Type Income
Phone 754.273.1796
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