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
Listed By
Agency Name: PORTAL REALTY
Agency Contact: 352-871-5864
Shown By
Agent Name: Kevin Noel
Agent Phone: (904) 655-7140
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 12,453.32 per month $10,608.73 Principal & Interest $1,202.92 Property Tax $641.67 Homeowner's InsuranceSend an email with a link to
824 E University Avenue, Gainesville, FL 32601.
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824 E University Avenue, Gainesville, FL 32601.
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824 E University Avenue | MLS# GC538545
This single family home located at 824 E University Avenue, Gainesville, FL 32601 is currently listed for sale with an asking price of $2,200,000. This property was built in 1947 and has 19 bedrooms and 12 full baths with 12008 sq. ft. E University Avenue is located in the GAINESVILLE DOIG & ROBERTSON subdivision. Search GAINESVILLE DOIG & ROBERTSON real estate on knoel.watsonrealtycorp.com today.