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$600,000
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Property Description
Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida's main campus-and only minutes from Ben Hill Griffin Stadium-this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.
Full Property Details
Full Property Details for 1618 NW 4th Ave
General
- Sold For: $600,000
- Taxes: $9,416 (2025)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC535993
- Added to Site: 261 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Outside
Exterior
- Exterior Features: Other
Location
- Area: 32603 - Gainesville
- County: Alachua
- Development Name: 32603 - Gainesville
- Subdivision: N/A
- Driving Directions: From University Ave, Turn onto NW 17th Street, to NW 4th Ave.
Community
- Community Name: 32603 - Gainesville
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,616
- Sq. Ft. Source: Public Records
- Living Area: 1,616 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 12632
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $9,416.32
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LEONARD S/D LOT 55 PB A-44 COM SW COR LOT 4 E 208.3 FT POB N 138.4 FT E 92.43 FT S 138.4 FT W 92.43 FT POB OR 3168/ 0204 & OR 4236/0680
- Flood Zone Info: X
- APN: 14950000000
- Property ID: 14950000000
Listed by Maison
Sold by Stellar Non-Member Office
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Schools
Schools serving 1618 NW 4th Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 0.4 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 1.7 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1 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 1618 NW 4th Ave
Date
Details
Price
Change
Source
5/31/2026
Sold
$600,000
-14.16%
MLS
2/06/2026
Price Reduced
$699,000
-6.68%
MLS
12/11/2025
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1618 NW 4th Avenue, Gainesville, FL 32603 (MLS# GC535993) is a Triplex property that was sold at $600,000 on May 31, 2026. Want to learn more about 1618 NW 4th Avenue? Do you have questions about finding other Triplex real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
