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$220,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,587 Sq. Ft.
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Under contract-accepting backup offers. Investors!!! Priced to Sell!!! This NE Gainesville duplex offers a turnkey opportunity for investors seeking immediate cash flow in a high-demand rental market. Unit Configuration: Two identical units, each featuring 2 bedrooms, 1 bathroom, a flex room, a living room, and a full kitchen. Low-maintenance flooring with tile floors-no carpets. Size: Approximately 793.5 sq. ft. each side (1,587 total sq. ft.). Outdoor Space: Oversized backyard that backs directly onto a public playground, providing a rare amenity for families. Fully fenced in. Immediate Income: Both units are currently occupied, allowing for a seamless transition of rental revenue. Prime Location: Proximity to downtown Gainesville, local schools, and major shopping centers ensures long-term tenant desirability. Growth Area: Gainesville's steady rental market is bolstered by its proximity to the University of Florida and regional medical centers. This property is priced right and sold as is! Bring all offers.

Full Property Details for 1511 & 1509 NE 5th Ave

General

  • Price: $220,000
  • Taxes: $2,909 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC539885
  • Updated: 6/19/2026
  • Added to Site: 78 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 4
  • Interior Features: Ceiling Fan(s)
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: Private Entrance, Private Mailbox, Private Yard

Location

  • Area: 32641 - Gainesville
  • County: Alachua
  • Development Name: 32641 - Gainesville
  • Subdivision: NEW GAINESVILLE
  • Driving Directions: Heading on E University towards Hawthorne Rd, go to NE 15th St and turn left, follow to NE 5th Ave and turn right, and the Duplex will be on your right-hand side.
  • Direction Faces: Northeast

Community

  • Community Name: 32641 - Gainesville
  • Number of Pets: 2

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Underground Utilities

Structural Information

  • Exterior Const.: Block
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,587
  • Sq. Ft. Source: Public Records
  • Year Built: 1980

Lot Features

  • Property View: Park/Greenbelt
  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size: 12197
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $2,909.08
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: New Gainesville PB A-65 Lots 5 6 BK 3 OR 4928/0093. Lots 5 and 6, Block 3, NEW GAINESVILLE, according to the map or Plat thereof as recorded in Plat Book A, Page 65, Public Records OF Alachua County, Florida
  • Flood Zone Info: x
  • APN: 11391000000
  • Property ID: 11391000000

Listed by Exp Realty Llc

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— 1511 & 1509 NE 5th Ave —

  • Exp Realty Llc

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1511 & 1509 NE 5th Ave

School District:Alachua County School District
NameGradesDistance
Marjorie Kinnan Rawlings Elementary School, Gainesville, FL
3500 Northeast 15th Street, Gainesville, FL 32609
K-52 mi
Westwood Middle School, Gainesville, FL
3215 Northwest 15 Avenue, Gainesville, FL 32605
6-83.9 mi
Gainesville High School
1900 Northwest 13th Street, Gainesville, FL 32609
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1511 & 1509 NE 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$220,000
387.8%
MLS
8/30/2021
Sold
$45,100
—
Public Record
Get Price Alerts and Save Property
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 for 1511 & 1509 NE 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,030
10%
$150,652
7%
2024
$2,767
16%
$140,531
42%
2023
$2,377
295%
$99,283
452%
2021
$602
-73%
$17,984
-81%
2022
$2,262
114%
$95,110
138%
2017
$1,059
-1%
$39,900
-2%
2016
$1,074
-4%
$40,800
-2%
2015
$1,115
-3%
$41,700
-2%
2014
$1,146
-12%
$42,600
-13%
2013
$1,307
—
$49,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Exp Realty Llc

1511 & 1509 NE 5th Ave, Gainesville, FL 32641 (MLS# GC539885) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1511 & 1509 NE 5th Ave is currently listed for $220,000 and was received on April 28, 2026. Want to learn more about 1511 & 1509 NE 5th Ave? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

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