BEDS0
BATHS
SQUARE FEET3,300
MLS#GC533421
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBROWN B W
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. All units have parking and additional parking spaces to sell!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.27 Acres
Roof Type: Shingle
Taxes: $9,296
Year Built: 1959
Amenities
Ceiling Fans(s)
Other
Feature Descriptions
Annual Net Income: 70000.00
Days on Site: 198
Directions: From I 75 Head East on Newberry road to W University Avenue. Make a left on NW 15th street. Turn Right on NW 5th avenue. Right across from the Legacy at the Standard and caddy corner to the Gate station
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.27
Ownership: Other
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 6
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RMF8
Listed By / Shown By
Listed By
Agency Name: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Agency Contact: 352-278-4648
Shown By
Agent Name: Martie Mitchell
Agent Phone: Cell: (386) 310-3166
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 6,669.46 per month $5,588.54 Principal & Interest $774.67 Property Tax $306.25 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: State of Florida License #3239705
1401 NW 5th Avenue | MLS# GC533421
This multi-family property located at 1401 NW 5th Avenue, Gainesville, FL 32603 is currently listed for sale with an asking price of $1,050,000. Search Gainesville real estate on www.welcomehomedaytona.com today.