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$698,000
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Property Description
Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio - Fully Leased Through July 2026 Located in the heart of Gainesville's Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville's most sought-after rental markets.
Full Property Details
Full Property Details for 1102 NW 3rd Ave
General
- Price: $698,000
- Taxes: $11,922 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC533911
- Updated: 9/10/2025
- Added to Site: 131 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Solid Wood Cabinets
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Laundry Closet, Laundry Room, Same Floor As Condo Unit
Exterior
- Exterior Features: Private Mailbox
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: BROWNS ADD -HICKSON REP
- Driving Directions: Driving north or south from 6th Street, Main Street, or Waldo Rd/301 to University Avenue, turn west. Proceed westward up until NW 10th Street turn north, make a left on 3rd avenue, home is on the corner one block up. In reference to the location of the University of Florida. The northeastern corner of the university is on 13th Street/441 and University Avenue. This property is located on 11th Street and 3rd Avenue.
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 2,826
- Sq. Ft. Source: Public Records
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
- Lot Dimensions: 50 x 95
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $11,922.55
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BROWN ADDN BK 11 PB A-64 HICKSON REPLAT PB B-50 LOT 26 OR 4587/0062
- Flood Zone Info: X
- APN: 13952000000
- Property ID: 13952000000
Listed by Coldwell Banker M.M. Parrish Realtors
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Schools
Schools serving 1102 NW 3rd 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 |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 2.1 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.2 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 1102 NW 3rd Ave
Date
Details
Price
Change
Source
9/10/2025
Listed
$698,000
16.33%
MLS
5/25/2023
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1102 NW 3rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,923
—
$513,327
-3%
2024
$11,923
29%
$528,859
18%
2023
$9,276
25%
$448,930
41%
2021
$7,449
-7%
$318,498
-12%
2022
$8,039
8%
$361,984
12%
2021
$7,449
-13%
$322,140
-10%
2019
$8,548
149%
$358,643
134%
2018
$3,435
-6%
$153,500
-20%
2017
$3,637
27%
$192,600
70%
2016
$2,874
-1%
$113,100
1%
2015
$2,906
-2%
$112,100
-1%
2014
$2,960
-2%
$113,300
-2%
2013
$3,019
—
$115,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1102 NW 3rd Ave
1102 NW 3rd Avenue, Gainesville, FL 32601 (MLS# GC533911) is a Duplex property with 7 bedrooms and 0 full bathrooms. 1102 NW 3rd Avenue is currently listed for $698,000 and was received on September 10, 2025. Want to learn more about 1102 NW 3rd Avenue? Do you have questions about finding other Duplex real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
