Gainesville, FL 32601,1017 SW 1ST AVE
Listed by UNIVERSITY REALTY
Bought with MATCHMAKER REALTY OF ALACHUA COUNTY
$2,125,000
Est. payment /mo
$2,190,000
3.0%
Est.Price: ?

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12 Beds
12 Baths
6,228 SqFt
SOLD DATE : 08/27/2025

Key Details

Sold Price $2,125,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,228 sqft

Price per Sqft $341

Subdivision Not Assigned

MLS Listing ID GC531484

Bedrooms 12

Year Built 2000

Annual Tax Amount $19,621

Lot Size 0.280 Acres

Property Sub-Type Multi Family

Property Description

Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.

Location

Province FL

County Alachua

Community Not Assigned

Area 32601 - Gainesville

Zoning U-9

Interior

Heating Central

Cooling Central Air

Laundry Laundry Closet

Exterior

Exterior Feature Lighting, Other

Utilities Available Cable Connected, Electricity Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction false

Others

Special Listing Condition None

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Kory Prince

Kory Prince

+1(604) 270-8774

Owner/Director of Operations | -V61339

Owner/Director of Operations -V61339

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