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$2,125,000
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Property Description
Exclusive opportunity to own a 6-unit building just 2.5 blocks to UF fully rented through July 2026 with pro-forma rents at over $189,000/year. Located in the Opportunity Zone and Enterprise Zone with high density U-9 zoning, this is a perfect property to hold as a long-term investment with value-add opportunities. Just 2 doors down from the new Swamp Restaurant and 1.5 blocks from Innovation HUB, this property is right in the heart of UF student living. The layout includes vaulted ceilings in the bedrooms, private upstairs master suites, tiled showers, an elevated breakfast bar, a half-bath, and storage closet downstairs. All units are equipped with washer/dryer, wood flooring or wood-look tile, and new stainless steel appliances (2020). New roof and exterior paint (2020) also. Financials are pro-forma. Additional highlights:12 on-site parking spaces + dedicated scooter parking, .28-acre lot with low maintenance Hardie board exterior.
Full Property Details
Full Property Details for 1017 SW 1st Ave
General
- Sold For: $2,125,000
- Taxes: $19,621 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC531484
- Added to Site: 229 day(s) ago
Interior
- Interior Features: Vaulted Ceiling(s)
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Laundry Closet
Exterior
- Exterior Features: Lighting, Other
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: NOT ASSIGNED
- Driving Directions: From the corner of W. University and 13th street, go east on W. University, turn right onto 12th street and then turn left onto sw 1st Ave.
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Exterior Const.: HardiPlank Type
- Roof: Shingle
- Square Feet: 6,228
- Sq. Ft. Source: Public Records
- Living Area: 6,228 Sq. Ft.
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196
- Lot Size: 12196
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $19,621
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS THREE (3) AND FOUR (4), BLOCK FIVE (5), "UNIVERSITY PLACE, " AS PER PLAT THEROF RECORDED IN PLAT BOOK "A" PAGE 77, OF THE PUBLIC RECORDS OF ALACHUA COUNTY, FLORIDA
- Flood Zone Info: x
- APN: 13250010001
- Property ID: 13250010001
Listed by University Realty
Sold by Matchmaker Realty Of Alachua County
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Schools
Schools serving 1017 SW 1st Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 1 mi |
Kanapaha Middle School 5005 Southwest 75th Street, Gainesville, FL 32608 | 6-8 | 5.9 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1017 SW 1st Ave
Date
Details
Price
Change
Source
8/27/2025
Sold
$2,125,000
-2.97%
MLS
6/04/2025
Listed
$2,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1017 SW 1st Avenue, Gainesville, FL 32601 (MLS# GC531484) is a Multi-Family property that was sold at $2,125,000 on August 27, 2025. Want to learn more about 1017 SW 1st Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
