Prime 2.59 acre infill development opportunity in the heart of Gainesville. This offering consists of two contiguous parcels zoned RMF 6 (Residential Multifamily, up to 10 units/acre by right) & MU with potential density bonuses available. Previously approved civil site plans and architectural reports for a 21 unit townhome development are included, providing a valuable head start for a new projectthough updates to modern standards will be required.
The site benefits from city utilities already stubbed to the property and is conveniently located within Gainesville city limits, just minutes from Downtown Gainesville, the University of Florida, UF Health/Shands, and major employment centers. With its central location, zoning flexibility, and infrastructure in place, this property is well positioned for multifamily, townhome, or other residential development.
Prime 2.59 acre infill development opportunity in the heart of Gainesville. This offering consists of two contiguous parcels zoned RMF 6 (Residential Multifamily, up to 10 units/acre by right) & MU with potential density bonuses available. Previously approved civil site plans and architectural reports for a 21 unit townhome development are included, providing a valuable head start for a new projectthough updates to modern standards will be required.
The site benefits from city utilities already stubbed to the property and is conveniently located within Gainesville city limits, just minutes from Downtown Gainesville, the University of Florida, UF Health/Shands, and major employment centers. With its central location, zoning flexibility, and infrastructure in place, this property is well positioned for multifamily, townhome, or other residential development.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Land Information
Lot Features: Buildable, Landscaped, Sidewalk, Wooded
School Information
High School: Eastside High School-AL
Middle School: Abraham Lincoln Middle School-AL
School Elementary: Joseph Williams Elementary School-AL
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Road Frontage Type: Access Road, City Street, State Road
Sewer: Public Sewer
Utilities: Electrical Nearby, Public, Sewer Available, Water Available
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
Current Use: Multi Family
Legal Description: W1/4 OF NW1/4 OF NE1/4 OF NE1/4 OR 3108/ 0929 & NEW GAINESVILLE PB A-66 A PORTION OF LOT 109 LYING SOUTH OF SR 20 DESC AS: COM SW C0R LOT 109 POB N 00 DEG 55 MIN 29 SED W ALONG WEST LINE OF LOT 109 68.21 FT TO SWLY R/W SR 20 S 60 DEG 54 MIN 07 SEC E ALONG R/W 137.22 FT TO S LINE OF LOT 109 S 89 DE G 17 MIN 19 SEC W ALONG S LINE OF LOT 109 118.81 FT TO POB OR 3408/0656
This property is located in a qualified census tract for Florida Housing Finance Corporation programs. The parcel is approximately 5.69 acres and zoned to allow up to 8 units per acres. Under the Co
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