824 E University Avenue, Gainesville, FL 32601
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by: adrian hayes-santos, teresa callen
Office: portal realty
MLS#:GC538545
Source:MFRMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$183.21
About this home
University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida.
Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion.
Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access.
The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion.
With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. 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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Home facts
- Year built:1947
- Listing ID #:GC538545
- Added:1053 day(s) ago
- Updated:March 31, 2026 at 11:55 AM
Rooms and interior
- Bedrooms:19
- Total bathrooms:12
- Full bathrooms:12
- Flooring:Tile, Wood
- Kitchen Description:Range
- Bedroom Description:Primary Bedroom Main Floor
- Living area:12,008 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Heat Pump, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:12,008 sq. ft.
- Lot area:1.6 Acres
- Construction Materials:Frame
- Exterior Features:Balcony, Courtyard, Lighting, Sidewalk
- Levels:Multi/Split Story
Utilities
- Water:Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$183.21
- Tax amount:$14,436 (2025)
Features and amenities
- Appliances:Range, Washer
- Laundry features:Washer
- Amenities:BB/HS Internet Available, Cable Available, Cable Connected, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Electricity Available, Fiber Optics, In Wall Pest System, Natural Gas Available, Natural Gas Connected, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Pool features:Public Pool
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