FL
Alachua
GAINESVILLE
32601
824 E UNIVERSITY AVENUE
824 E UNIVERSITY AVENUE, GAINESVILLE, FL 32601
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Listing Type
Single Family
Listing Status
Active
14
$2,200,000

Home Details for 824 E UNIVERSITY AVENUE

Price
$2,200,000
Type
Residential
Bedrooms
19
Bathrooms
12.0
Square feet
12008
Year built
1947
Lot size acres
1.6
County
Alachua
Total rooms
4
Garage
Days on site
0
MLS Listing#
GC538545
Property Description

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

Property Features
  • Utilities
    • Cable Available
    • Natural Gas Available
    • Cable Connected
    • Electricity Available
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected
  • House Interior
    • Cathedral Ceiling(s)
    • Crown Molding
    • Vaulted Ceiling(s)
  • Heating Information
    • Heat Pump
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • None
  • Fire Place
    • Living Room
Listing Courtesy: PORTAL REALTY - 352-871-5864
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-03-17 15:10:22
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EXIT SUCCESS REALTY
18120 Powell Rd, Brooksville, FL 34604
Carol Ridlon
REALTORÁ®
Office
352 686 2222
Agent
352 346 8728
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