119 11th Street, GAINESVILLE, FL 32601
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Priced at Only: $525,000
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Address: 119 11th Street, GAINESVILLE, FL 32601
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- MLS#: GC524625 ( Single Family )
- Street Address: 119 11th Street
- Viewed: 25
- Price: $525,000
- Price sqft: $380
- Waterfront: No
- Year Built: 1927
- Bldg sqft: 1380
- Bedrooms: 3
- Total Baths: 1
- Full Baths: 1
- Days On Market: 247
- Additional Information
- Geolocation: 29.6531 / -82.3357
- County: ALACHUA
- City: GAINESVILLE
- Zipcode: 32601
- Subdivision: Browns Add Moseleys Sub
- Elementary School: Carolyn Beatrice Parker
- Middle School: Westwood
- High School: Gainesville
- Provided by: BHHS FLORIDA REALTY
- Contact: Angelina Ballatore
- DMCA Notice
Description
Fantastic investment opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3 bedroom, 1 bathroom home offers over 1,200 sqft of living space, screened in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, updated kitchen & bath, updated roof in 2011 and the HVAC was replaced in 2015. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought after area!
Description
Fantastic investment opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3 bedroom, 1 bathroom home offers over 1,200 sqft of living space, screened in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, updated kitchen & bath, updated roof in 2011 and the HVAC was replaced in 2015. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought after area!
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Features
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- Views: 25
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Contact Info

- Marian Casteel, BrkrAssc,REALTOR ®
- Tropic Shores Realty
- CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
- Mobile: 352.601.6367
- Mobile: 352.601.6367
- 352.601.6367
- mariancasteel@yahoo.com