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$2,200,000
12 bed 7 bath 1,987 sqft

834 E UNIVERSITY AVENUE, Gainesville, FL 32601

Neighborhood: Duckpond
Multi Family For Sale On ZeroDown for 3 months
MLS Status: Active
Est. sale price: $1,075,000
This represents an estimated sale price for this property, based on currently available information on this home and historical market data. It should not be taken as a substitute for a professional appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice, nor as a substitute for a formal comparative market analysis conducted by a licensed real estate professional.

Situated just 0.5 miles from Downtown Gainesville and only 1.5 miles from the University of Florida, University Village is an assemblage of 4 contiguous parcels totaling 1.6 acres, with 5 buildings consisting of 12 well-maintained residential units, as well as a nicely appointed 1807 sq. ft. commercial office building. The property is situated on a signalized corner with 201 ft. of frontage on University Ave. The 2 parcels that face University Ave consist of flexible U4 zoning which allows for up to 20 residential units per acre as well as a multitude of Non-Residential uses, the remaining 2 parcels off NE 9th St. have U-2 zoning which allows up to 15 units per Acre. All residential units are currently under market rate and the properties undeveloped acreage provides a value add opportunity with the ability to add more units. Current gross income is $14,900 per Month. 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

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All About The Home

Property Details for 834 E UNIVERSITY AVENUE

Home Highlights
Price/Sqft :
Time on ZeroDown:
3 months
Heating/Cooling:
Central, Central Air, Wall/Window Unit(s)
Property Facts
Status
Active
Property Type
Residential Income, Multi-Family
Community
GAINESVILLE
Lot Size
9,749 sqft.
Year Built
1925
MLS #
GC511581
Style
Multi Family, Residential Income
Virtual Tour
Time On ZeroDown
3 months
Floor Size
1,987 sqft.
Interior Features

Heating & Cooling Information

Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)

Fireplace Information

Has Firplace:
Yes

Interior Information

Interior Features:
Crown Molding, High Ceilings

Multi-Unit Information

# of Buildings:
4
# of Units:
12

Unit Type 1 Information

# of Baths/unit:
7
# of Beds/unit:
12
Type:
Two Bed/One Bath
See 20+ more property details
Listed by: Jordan Fennell
Brokerage: PORTAL REALTY
MLS#: GC511581
Source: Stellar MLS
Details provided by Stellar MLS and may not match the public record.

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Financials

Market Comparison

There aren't too many bidding wars right now in 32601, with homes selling 1% below asking price over the last three months.

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Is this a good deal?

This Home
$2.2M

Can I rent this place out?

Zipcode avg 3yr growth
11.10%
Home History
Around The Neighborhood

How Are the Schools in Duckpond?

Greater Jacksonville percentile
57.12%
National percentile
25.88%

Can I raise a family in Duckpond?

Percentage of Families
NaN%
Owner occupied
25.30%

What's nearby 834 E UNIVERSITY AVENUE?

Instacart grocery delivery is available in 32601 from 14 stores including Publix, Sam's Club, ALDI, CVS Pharmacy®, and Petco.

What are my public transportation options in Duckpond?

Walk Score
93
Bike Score
100

Where Can I Charge My Electric Vehicle near 834 E UNIVERSITY AVENUE?

Charging stations nearby
1

Recently Sold Homes in Duckpond

Homes sold this month
19
Homes sold last month
12
Quality of Life
Milkyway

How is the night sky in Gainesville?

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Natural Hazards risk in Gainesville

Flood Risk
Low
Historical Seismic Risk
Weak

Will I Like My Neighbors in Duckpond?

Your Neighbors voted for
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Average Household Size
2.31

Who provides the best cell coverage in Duckpond?

Best Cellular Provider
AT&T Mobility
Number of Towers
143

Who provides internet in Duckpond?

Download Speed
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How to buy a home in Gainesville

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