1401 5th Avenue
Brokerage Office: 352-629-6883
1401 5th Avenue, GAINESVILLE, FL 32603
  • MLS#: GC532877 ( Commercial Sale )
  • Street Address: 1401 5th Avenue
  • Viewed: 105
  • Price: $1,175,000
  • Price sqft: $299
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 3925
  • Days On Market: 138
  • Additional Information
  • Geolocation: 29.6555 / -82.3408
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32603
  • Subdivision: Brown B W
  • Provided by: BROXSON REAL ESTATE GROUP
  • Contact: Jamie Williams, LLC
  • 352-505-7654
  • mfrmls
  • DMCA Notice
  • Description
    Prime UF Investment Opportunity 6 Income Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long term appreciation. Located just four blocks from UFs Business School and caddy corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacantideal for a new owner to renovate or lease at market rate. Whether youre expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Dont miss this rare multifamily gem in one of Gainesvilles highest demand rental corridors.
Property Location and Similar Properties
All
Similar
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. B W BROWN PLAT PB A-29 N 100 FT OF E 118 1/2 FT OF LOT 1 BK 6 OR 2781/0625
Living Area
  1. 3300.00
Area Major
  1. 32603 - Gainesville
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 15197-000-000
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
Tax Year
  1. 2024
Township
  1. 10
Views
  1. 105
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/GC532877
Year Built
  1. 1959
Zoning Code
  1. RMF8
  1. Every PENNY matters, Get Your PENNY's Worth From Today's Real Estate Market