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$670,000
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Property Description
WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).
Full Property Details
Full Property Details for 302 NW 7th Terrace
General
- Sold For: $670,000
- Taxes: $5,571 (2024)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: R4909491
- Added to Site: 216 day(s) ago
Interior
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: BROWNS ADD -J M FENNELL
- Driving Directions: From intersection of University Avenue and NW 13th Street, head east on University Ave. Turn left (north) on NW 8th Avenue. Subject is on the NW corner of 8th Ave and 3rd Street.
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, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Siding
- Roof: Metal
- Square Feet: 2,174
- Sq. Ft. Source: Public Records
- Living Area: 2,174 Sq. Ft.
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
- Lot Dimensions: 96 x 87.2
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $5,571.14
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BROWN ADDN BK 3 PB A-64 FENNELL S/D OF SW1/4 PB A-74 LOT 8 & 9 OR 1803/1648
- Flood Zone Info: X
- APN: 13645000000
- Property ID: 13645000000
Listed by Brg Realty Ventures
Sold by Keller Williams Realty Portfolio Collection
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Schools
Schools serving 302 NW 7th Terrace
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 1.1 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 2.4 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 302 NW 7th Terrace
Date
Details
Price
Change
Source
8/14/2025
Sold
$670,000
-0.74%
MLS
6/17/2025
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
302 NW 7th Terrace, Gainesville, FL 32601 (MLS# R4909491) is a Duplex property that was sold at $670,000 on August 14, 2025. Want to learn more about 302 NW 7th Terrace? 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.
