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824 E University Avenue

Gainesville, FL 32601
  • $2,200,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: GC538545
UPDATED: 26 min ago
$2,200,000
  • 19
    BEDS
  • 1.6
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 12,008
    SQFT
  • $183
    $/SQFT
Type:
Single-Family Home
Built:
1947
County:
Area:

School Ratings & Info

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

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-04-17T10:48:33.667.
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824 E University Avenue Gainesville, FL 32601

  • Price: $2,200,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 26 min ago
  • MLS #: GC538545
19
Beds
12
Baths
0
½ Baths
1.6
Acres
12,008
SQFT
$183
$/SQFT
1947
Built
Neighborhood:
Gainesville Doig & Robertson Add
County:
Alachua
Area:
Gainesville
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
Exterior Features

Carport Yn No Construction Materials Wood Frame Direction Faces South Exterior Features BalconyCourtyardLightingSidewalkStorage Fencing Wood Foundation Details Other Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances RangeWasher Building Area Total 12008 Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace Yn Yes Flooring TileHardwood Furnished Unfurnished Heating Heat PumpNatural Gas Heating YN Yes Interior Features Cathedral Ceiling(s)Ceiling Fan(s)Crown MoldingIn Wall Pest SystemPrimary Bedroom Main FloorThermostatVaulted Ceiling(s) Laundry Features Other Levels Multi/Split Rooms Bathroom 1 Kitchen Primary Bedroom (Built-in Closet) Living Room Sewer Public Sewer Stories Total 2 Water Source None

Property Features

Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAOwner May CarryVA Loan Minimum Lease No Minimum Month To Month Or Weekly Yn No New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 14435.54 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedFiber OpticsNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Zoning MU1


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of PORTAL REALTY: 352-871-5864.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-04-17T10:48:33.667.
 
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7584 NW 4th Blvd
Gainesville FL, 32607