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$2,567,530
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Property Description
Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own "block" only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it's own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
Full Property Details
Full Property Details for 1022 SW 1st Ave
General
- Sold For: $2,567,530
- Taxes: $21,136 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: R4909329
- Added to Site: 249 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 14
Bedrooms
- Total Bedrooms: 20
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Other
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: BRICK HOUSE
- Driving Directions: From the intersection of 13th Street and W University Avenue, head east on University Ave. Turn right on SW 12th Street. Turn left on SW 1st Ave. Subject is on the left.
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 6
- Exterior Const.: Brick
- Roof: Shingle
- Square Feet: 7,966
- Sq. Ft. Source: Owner
- Living Area: 7,966 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 8,023
- Lot Size: 8023
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $21,136.93
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BRICK HOUSE CONDOMINIUM OR 2969/0769 UNIT 1022 & A 1/6 SHARE OF COMMON ELEMENTS OR 4608/0879
- Flood Zone Info: X
- APN: 13222010001
- Property ID: 13222010001
- Block/Lot/Section: 14
Listed by Brg Realty Ventures
Sold by Bosshardt Realty Services Llc
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Schools
Schools serving 1022 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 | 0.9 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 | 1.3 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 1022 SW 1st Ave
Date
Details
Price
Change
Source
8/11/2025
Sold
$2,567,530
-4.91%
MLS
5/12/2025
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1022 SW 1st Avenue, Gainesville, FL 32601 (MLS# R4909329) is a Multi-Family property that was sold at $2,567,530 on August 11, 2025. Want to learn more about 1022 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.
