824 E UNIVERSITY AVENUE Gainesville, FL $ 2,200,000
824 E UNIVERSITY AVENUE
$ 2,200,000
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824 E UNIVERSITY AVENUE

Gainesville, FL, 32601
$ 2,200,000
Bedrooms19 Baths12.0 Sq 12,008

Monthly Estimate*

$ 13,546

824 E UNIVERSITY AVENUE, Gainesville, FL 32601 - Image 1
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Single Family Home for sale in Gainesville, FL

for $2,200,000 with 19 bedrooms and 12 full baths. This 12,008 square foot home was built in 1947 on a lot size of 1.6.

University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida. Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access. The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion. With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000

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Single Family Active

Price

$ 2,200,000

Bedrooms

19

Full Bath

12

Property Type

Single Family

Taxes

$ 14,435

Style

Single Family Residence

Lot Size

1.6

Year Built

1947

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC538545

Features
General
Sewer Public Sewer
Heating Heat Pump Natural Gas
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Cable Connected Electricity Available Electricity Connected Fiber Optics Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected Water Available Water Connected
Roof Shingle
Appliances Range Washer
Zoning MU1
Construction Materials Wood Frame
Year Built 1947
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 11949-000-000 11947-000-000 11944-000-000
County Alachua
New Construction false
Property Type Residential
Subdivision Name GAINESVILLE DOIG & ROBERTSON ADD
Facing Direction South
Garage Y/N false
Total Rooms 4
Full Baths 12
Status Active
Directions NE corner of E University Ave and NE 9th Street
City GAINESVILLE
Senior Community Y/N false
MLS Area 32601 - Gainesville
Lot Size Units Acres
Lot Size Square Feet 69696
Carport Y/N false
Listing Terms Cash Conventional FHA Owner May Carry VA Loan
Land Lease Y/N false
Tax Annual Amount 14435.54
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC538545
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 10
Legal Description DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Cathedral Ceiling(s) Ceiling Fan(s) Crown Molding In Wall Pest System Primary Bedroom Main Floor Thermostat Vaulted Ceiling(s)
Flooring Tile Hardwood
Furnished Y/N Unfurnished
Fireplace Features Living Room
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Other
Total Bedrooms 19
Total Baths 12
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Exterior
Exterior Amenities Balcony Courtyard Lighting Sidewalk Storage
Fencing Wood
Water Source None
Lot Size Area 1.6
Foundation Details Other
Building Area Total 12008
Lot Size Acres 1.6
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 4
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* Excluded Features
List By
Portal Realty

Broker

adrian@portalgainesville.com

Email

Affordability Calculator

$14,749
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$1,203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/17/2026$2,200,000 Listed Price

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824 E UNIVERSITY AVENUE, Gainesville, FL, 32601 is a Single Family Home for sale at $2,200,000 with 12,008 sqft and a lot size of 1.6. 824 E UNIVERSITY AVENUE has 19 bedrooms, 12.0 baths, and was built in 1947. The property's zip code is 32601 which is in Gainesville, FL