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1401 NW 5TH AVENUE Gainesville, FL $ 1,175,000
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1401 NW 5TH AVENUE
$ 1,175,000
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1401 NW 5TH AVENUE

Gainesville, FL, 32603
$ 1,175,000
Baths0.0 Sq 3,300

Monthly Estimate*

$ 7,330

1401 NW 5TH AVENUE, Gainesville, FL 32603 - Image 1
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1401 NW 5TH AVENUE, Gainesville, FL 32603 - Image 7
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1401 NW 5TH AVENUE, Gainesville, FL 32603 - Image 11
View a Virtual Tour
Studio

Multi-Family Home for sale in Gainesville, FL

for $1,175,000. This 3,300 square foot home was built in 1959 on a lot size of 0.27.

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!

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Multi-Family Active

Price

$ 1,175,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,296

Style

Multi Family

Lot Size

0.27

Year Built

1959

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC533421
Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Public
Roof Shingle
Zoning RMF8
Construction Materials Block
Year Built 1959
Property Subtype Multi Family
Tax Year 2024
Ownership Other
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name BROWN B W
Garage Y/N false
Status Active
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
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 6
MLS Area 32603 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 9296
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC533421
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Legal Description B W BROWN PLAT PB A-29 N 100 FT OF E 118 1/2 FT OF LOT 1 BK 6 OR 2781/0625
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 11761
Foundation Details Slab
Number of Buildings 1
Building Area Total 3925
Lot Size Acres 0.27
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Broxson Real Estate Group

Broker

jamie@broxsonrealty.com

Email

Affordability Calculator

$8,105
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,330
Monthly Property Taxes
$775
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$1,175,000 Listed Price

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1401 NW 5TH AVENUE, Gainesville, FL, 32603 is a Multi-Family Home for sale at $1,175,000 with 3,300 sqft and a lot size of 0.27. 1401 NW 5TH AVENUE is a studio with 0.0 baths and was built in 1959. The property's zip code is 32603 which is in Gainesville, FL

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