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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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1401 5th Avenue
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PRICED AT ONLY: $1,350,000

Address: 1401 5th Avenue, GAINESVILLE, FL 32603

Description

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 UFs 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 vacantideal for a new owner to renovate or lease at market rate. Whether youre expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Dont miss this rare multifamily gem in one of Gainesvilles highest demand rental corridors.
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  • MLS#: GC532877 ( Commercial Sale )
  • Street Address: 1401 5th Avenue
  • Viewed: 23
  • Price: $1,350,000
  • Price sqft: $344
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 3925
  • Days On Market: 31
  • Additional Information
  • Geolocation: 29.6555 / -82.3408
  • County: ALACHUA
  • City: GAINESVILLE
  • Zipcode: 32603
  • Subdivision: Brown B W
  • Provided by: BROXSON REAL ESTATE GROUP
  • Contact: Jamie Williams, LLC
  • 352-505-7654
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 3300.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • 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
  • Area Major: 32603 - Gainesville
  • Parcel Number: 15197-000-000
  • Views: 23
  • Zoning Code: RMF8

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin