534 & 580 NW 7th Terrace, Gainesville, FL 32601
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: eric leightman, tyler peters
Office: university realty
MLS#:GC533379
Source:MFRMLS
Price summary
- Price:$350,000
About this home
$30k Reduction!! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!
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Home facts
- Listing ID #:GC533379
- Added:190 day(s) ago
- Updated:February 25, 2026 at 01:52 PM
Structure and exterior
- Lot area:0.22 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$350,000
- Tax amount:$1,489 (2024)
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