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1618 4th Avenue, GAINESVILLE, FL 32603
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  • MLS#: GC535993 ( Residential Income )
  • Street Address: 1618 4th Avenue
  • Viewed: 57
  • Price: $749,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 3
  • Days On Market: 34
  • Additional Information
  • Geolocation: 29.6552 / -82.3438
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32603
  • Provided by: MAISON
  • Contact: Benjamin Burkley
  • 352-283-9141
  • mfrmls
  • DMCA Notice
  • Description
    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 Floridas main campusand only minutes from Ben Hill Griffin Stadiumthis 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Living Area: 1616.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Heating: Other
  • Sewer: Septic Tank
  • Utilities: Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: LEONARD S/D LOT 55 PB A-44 COM SW COR LOT 4 E 208.3 FT POB N 138.4 FT E 92.43 FT S 138.4 FT W 92.43 FT POB OR 3168/ 0204 & OR 4236/0680
  • Area Major: 32603 - Gainesville
  • Parcel Number: 14950-000-000
  • Views: 57
  • Zoning Code: RMU
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. 352.601.6367
  6. mariancasteel@yahoo.com