Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1949
Sq.Footage
1,616
Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.29
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$749,000
-
Tax Amount
9416.32
-
Sq. Footage
1, 616
-
Price/SqFt
$463
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
55
-
Water Source
Public
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Location
County
Alachua
Elementary School
Middle School
High School
Listing Courtesy of Benjamin Burkley , MAISON
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