1401 NW 5TH AVE, Gainesville, FL 32603
$915,000
Est. payment /mo
$1,050,000
12.9%
Est.Price: ?

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3,300 SqFt
SOLD DATE : 04/06/2026

Key Details

Sold Price $915,000

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $277

Subdivision Brown B W

MLS Listing ID GC532877

Sold Date 04/06/26

HOA Y/N No

Year Built 1959

Annual Tax Amount $9,296

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF's Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you're expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don't miss this rare multifamily gem in one of Gainesville's highest-demand rental corridors.

Location

State FL

County Alachua

Community Brown B W

Area 32603 - Gainesville

Zoning RMF8

Interior

Cooling Wall/Window Unit(s)

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Structure Type Block

New Construction false

Others

Ownership Other

Special Listing Condition None

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Stellar MLS
Listed by Jamie Williams CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Bought with Eric Leightman UNIVERSITY REALTY

Nearby Locations

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Valerie Dailey

Valerie Dailey

+1(352) 816-1080

Broker, Owner, GRI, ePro, PSA, C2EX | License ID: 3143790

Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790

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