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$360,000
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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
- Sold For: $360,000
- Taxes: $3,275 (2025)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC538961
- Added to Site: 151 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
- Living Area: 1,560 Sq. Ft.
- 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
Sold by Thomas Lynne Realty Group 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
6/09/2026
Sold
$360,000
-3.97%
MLS
3/31/2026
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
408 NW 5th Avenue, Gainesville, FL 32601 (MLS# GC538961) is a Duplex property that was sold at $360,000 on June 09, 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.
