1401 NW 5th Avenue, Gainesville, FL 32603

$1,050,000

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Property 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 UF's 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 vacant-ideal for a new owner to renovate or lease at market rate. Whether you're expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don't miss this rare multifamily gem in one of Gainesville's highest-demand rental corridors.

1401 NW 5th Avenue | MLS# GC532877

This commercial property located at 1401 NW 5th Avenue, Gainesville, FL 32603 is currently listed for sale with an asking price of $1,050,000. Search Gainesville real estate on tiffanym.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Multiple
Cooling: Wall/Window Unit(s)
Lot Size: 0.27 Acres
Taxes: $9,296
Year Built: 1959
Square Feet: 3,925

Feature Descriptions

Days on Site: 219
Directions: Head East on University Avenue from I 75. Take a left on NW 15th Street. Take a right on NW 5th Avenue. 6plex is on the corner of 5th Avenue and NW 14th Street
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.27
Ownership: Other
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Showing Instructions: 24 Hour Notice
Special Sale Provisions: None
Water Access Y/N: No
Zoning: RMF8

Listed By / Shown By

Listed By

Agency Name: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Agency Contact: 352-278-4648

Shown By

Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®

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