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1615 NW 3RD AVENUE Gainesville, FL $ 2,800,000
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1615 NW 3RD AVENUE
$ 2,800,000
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1615 NW 3RD AVENUE

Gainesville, FL, 32603
$ 2,800,000
Bedrooms-- Baths-- Sq 13,244

Monthly Estimate*

$ 17,240

1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 1
1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 2
1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 3
1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 4
1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 5
1615 NW 3RD AVENUE, Gainesville, FL 32603 - Image 6
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Commercial Property for sale in Gainesville, FL

for $2,800,000. This 13,244 square foot building was built in 1996 on a lot size of 0.38.

College Park multifamily investment opportunity just steps from the University of Florida. This 13,244 SF property on 0.38 acres, comprising 21 rental units across multiple buildings, is income-producing. Located near Midtown and University Avenue with on-site parking, the property offers strong value-add potential through renovation, repositioning, or redevelopment in one of Gainesville’s most desirable rental markets.

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Commercial Active

Price

$ 2,800,000

Property Type

Commercial

Taxes

$ 32,568

Style

Multi Family (5+)

Lot Size

0.38

Year Built

1996

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC538532
Features
General
Cooling Central Air Other
Zoning RMU
Construction Materials Brick HardiPlank Type Other Wood Frame
Year Built 1996
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Commercial Sale
Subdivision Name COLLEGE PARK
Status Active
Directions From W University Avenue turn north onto NW 16th Street. Turn right (east) onto NW 2nd Avenue. The property is located in the College Park neighborhood just north of the University of Florida campus behind the Swamp Restaurant. The property will be on the south side of NW 2nd Avenue
City GAINESVILLE
Number Of Units Total 21
MLS Area 32603 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 16553
Tax Annual Amount 32568
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC538532
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 2
Legal Description COLLEGE PARK PB A-9 N 1/2 OF W 8 FT OF LOT 2 & N 1/2 OF LOT 3 & LOTS 4 5 BK 9 OR 4458/0403
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 16553
Foundation Details Slab
Number of Buildings 3
Building Area Total 13244
Lot Size Acres 0.38
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker M.M. Parrish Realtors

Broker

perry@mmparrish.com

Email

Affordability Calculator

$19,954
Per Month
86%
14%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
$2,714
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2026$2,800,000 Listed Price

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1615 NW 3RD AVENUE, Gainesville, FL, 32603 is a Commercial Property for sale at $2,800,000 with 13,244 sqft and a lot size of 0.38. 1615 NW 3RD AVENUE was built in 1996. The property's zip code is 32603 which is in Gainesville, FL

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