534 & 580 NW 7TH TERRACE Gainesville, FL $ 350,000
534 & 580 NW 7TH TERRACE
$ 350,000
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534 & 580 NW 7TH TERRACE

Gainesville, FL, 32601
$ 350,000
Baths0.0

Monthly Estimate*

$ 2,184

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Studio

Lots and Land for sale in Gainesville, FL

for $350,000. The lot size is 0.22.

$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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Lots and Land Active

Price

$ 350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,489

Style

Lot Size

0.22

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC533379

Features
General
Sewer Public Sewer
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Zoning RC
View City
Tax Year 2024
Current Use Residential
Ownership Fee Simple
Additional Parcels Description 13592-000-000
County Alachua
Property Type Land
Subdivision Name PLEASANT STREET
Facing Direction East
Status Active
Directions From University Avenue head north on NW 6th Street then turn left on NW 5th Avenue. Go two blocks and turn right on NW 7th Terrace. Properties are ahead on the left.
City GAINESVILLE
MLS Area 32601 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 9472
Listing Terms Cash Other
Tax Annual Amount 1489
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC533379
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description Brown Addition Block 2 Plat Book A Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284 Public Records of Alachua County Florida & Commence at the Northwest corner of the South half of Block 2 MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA according to the Plat thereof recorded in Plat Book A Page 64 of the Public Records of Alachua County Florida and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA in the Northwest 1/4 of Section 5 Township 10 South Range 20 East.
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Baths 0
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Exterior
Vegetation Trees
Lot Features Buildable Cleared Corner Lot Wooded
Water Source Public
Lot Size Area 9472
Lot Dimensions 128 x 74
Lot Size Acres 0.22
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Paved City Street
Number of Lots 2
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* Excluded Features
List By
University Realty

Broker

eric.leightman@gmail.com

Email

Affordability Calculator

$2,308
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$124
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$350,000 Listed Price

Map


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534 & 580 NW 7TH TERRACE, Gainesville, FL, 32601 is a Lots and Land for sale at $350,000 with a lot size of 0.22. 534 & 580 NW 7TH TERRACE is a studio with 0.0 baths. The property's zip code is 32601 which is in Gainesville, FL