20420 NW 243RD DRIVE High Springs, FL $ 2,650,000
20420 NW 243RD DRIVE
$ 2,650,000
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20420 NW 243RD DRIVE

High Springs, FL, 32643
$ 2,650,000
Bedrooms-- Baths-- Sq 21,499

Monthly Estimate*

$ 16,732

20420 NW 243RD DRIVE, High Springs, FL 32643 - Image 1
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Commercial Property for sale in High Springs, FL

for $2,650,000. This 21,499 square foot building was built in 1983 on a lot size of 6.

This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #

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Commercial Active

Price

$ 2,650,000

Property Type

Commercial

Taxes

$ 43,053

Style

Multi Family (5+)

Lot Size

6

Year Built

1983

Town/City

High Springs

County/Region

Alachua

MLS | Web ID

GC541957

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Refrigerator
Zoning C3
Construction Materials Brick
Year Built 1983
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Commercial Sale
Subdivision Name HAMILTON ESTATE
Status Active
Directions From I-75 and US 441 head north on 441 towards High Springs. Turn right on NW 204th Avenue just past the Winn-Dixie. Subject property will be on the left.
City HIGH SPRINGS
Number Of Units Total 28
MLS Area 32643 - High Springs
Lot Size Units Acres
Lot Size Square Feet 261360
Listing Terms Cash Other
Tax Annual Amount 43053.76
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC541957
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 13
Legal Description HAMILTON ESTATES PB C-10 COM SW COR LOT 13 RUN E 50 FT S 20 FT E ALONG N R/W PONCE DE LEON DRIVE 237.38 FT TO POB N 368.17 FT E 591.63 FT S 368.17 FT W 591.63 FT TO POB OR 4693/1353
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Flooring Carpet Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Cul-De-Sac
Water Source Public
Lot Size Area 6
Foundation Details Slab
Number of Buildings 5
Building Area Total 21385
Lot Size Acres 6
Road Surface Type Asphalt
Waterfront Y/N false
Number of Separate Water Meters 28
Number of Separate Electric Meters 28
Road Frontage Type City Street
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* Excluded Features
List By
The Multifamily Advisors

Broker

beau@beaubeery.com

Email

Affordability Calculator

$20,320
Per Month
82%
18%
0%
Monthly Principal & Interest
$16,732
Monthly Property Taxes
$3,588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$2,650,000 Listed Price

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20420 NW 243RD DRIVE, High Springs, FL, 32643 is a Commercial Property for sale at $2,650,000 with 21,499 sqft and a lot size of 6. 20420 NW 243RD DRIVE was built in 1983. The property's zip code is 32643 which is in High Springs, FL