1618 NW 4th Avenue, Gainesville, FL 32603

Gainesville
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
1618 NW 4th Avenue,Gainesville, FL 32603
$699,000
Virtual Tour
  • 4 Beds
  • 3 Baths
  • 1,616 sq. ft.
  • Multi-family
  • Pending
Listed by: benjamin burkley
Office: maison
MLS#:GC535993
Source:MFRMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$432.55

About this home

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...

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Home facts

  • Year built:1949
  • Listing ID #:GC535993
  • Added:153 day(s) ago
  • Updated:May 14, 2026 at 07:41 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Basement Description:Pillar/Post/Pier
  • Living area:1,616 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1949
  • Building area:1,616 sq. ft.
  • Lot area:0.29 Acres
  • Construction Materials:Block
  • Foundation Description:Pillar/post/pier
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public, Septic Tank

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$432.55
  • Tax amount:$9,416 (2025)

Features and amenities

  • Amenities:Ceiling Fans(s)
  • Pool features:Public Pool
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