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$374,900 Just Listed
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Property Description
This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.
Full Property Details
Full Property Details for 408 NW 5th Ave
General
- Price: $374,900
- Taxes: $3,275 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC538961
- Updated: 3/31/2026
- Added to Site: 2 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Living Room/Dining Room Combo, Stone Counters, Thermostat
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
- Exterior Features: Fenced, Private Entrance, Private Yard, Storage
- Deck/Patio: Covered, Enclosed, Front Porch, Screened, Side Porch
- Porch/Patio/Deck: Covered, Enclosed, Front Porch, Screened, Side Porch
Parking
- Parking Features: Curb Parking, Driveway, Ground Level, Off Street, On Street
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: BRUSH ADD TO GVILLE
- Driving Directions: From the major intersection of University Avenue and Main Street in downtown Gainesville, head north on Main Street, turn left onto NW 5th Avenue; the property at 408 NW 5th Ave will be on your right.
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Shingle
- Square Feet: 1,560
- Sq. Ft. Source: Public Records
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: 8712
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,275.97
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BRUSH ADDN DB O-218 BK 26 PLAT IN S 1/2 OF BK 26 PB A-88 LOT 12 OR 3714/1064 & OR 4805/2221 & OR 5003/1729
- Flood Zone Info: X
- APN: 14480000000
- Property ID: 14480000000
Listed by Brg Realty Ventures Llc
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Schools
Schools serving 408 NW 5th Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 1.3 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 2.5 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.2 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 408 NW 5th Ave
Date
Details
Price
Change
Source
3/31/2026
Listed
$374,900
73.87%
MLS
11/30/2007
Sold
$215,625
—
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 408 NW 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,991
—
$155,815
7%
2024
$2,991
3%
$145,678
-6%
2023
$2,914
19%
$155,588
27%
2021
$2,441
-6%
$122,691
-8%
2022
$2,587
6%
$133,239
19%
2021
$2,441
17%
$111,980
49%
2019
$2,095
9%
$75,328
-28%
2018
$1,925
8%
$105,300
14%
2017
$1,789
24%
$92,300
63%
2016
$1,438
-3%
$56,600
-1%
2015
$1,475
-3%
$57,000
-2%
2014
$1,521
-3%
$58,400
-3%
2013
$1,564
—
$60,000
—
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 408 NW 5th Ave
408 NW 5th Avenue, Gainesville, FL 32601 (MLS# GC538961) is a Duplex property with 4 bedrooms and 0 full bathrooms. 408 NW 5th Avenue is currently listed for $374,900 and was received on March 31, 2026. Want to learn more about 408 NW 5th 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.
