415 NW 19TH STREET, Gainesville, FL 32603
Beautiful 0.39 acre parcel zoned Urban 2 and located just four blocks north of the University of Florida campus (College Park rental home area). There are two existing structures - a 3 bedroom, 2 bath vintage home and a 1980’s 2 bedroom, 1 bath cottage (w/o kitchen) totaling 1,900 square feet. The property is immediately adjacent to Urban 5 zoning to the south, where there is a new multi-family development. The existing U2 zoning allows for up to six 3-bedroom units on the property. The existing structures could be incorporated into a new development or removed. Rezoning the property to U5, which allows 75 units/acre, could also be sought. Walking and cycling distance to University of Florida campus and surrounding businesses and parks, retail, public elementary school, and church property to east.
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There aren't too many bidding wars right now in 32603, with homes selling 2% below asking price over the last three months.
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