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$2,200,000
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Property Description
University Village is a premier 12-unit mixed-use investment opportunity in Gainesville's Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida. Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access. The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion. With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000
Full Property Details
Full Property Details for 824 E University Ave
General
- Price: $2,200,000
- Taxes: $14,435 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC538545
- Updated: 3/17/2026
- Added to Site: 17 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Range, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 12
Bedrooms
- Total Bedrooms: 19
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Balcony, Courtyard, Lighting, Sidewalk, Storage
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: GAINESVILLE DOIG & ROBERTSON ADD
- Driving Directions: NE corner of E University Ave and NE 9th Street
- Direction Faces: South
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: BB/HS Internet Available, Cable TV Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water A
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: Multi/Split
- Square Feet: 12,008
- Sq. Ft. Source: Appraiser
- Year Built: 1947
Lot Features
- Lot Size (Acres): 1.6
- Lot Size (Sq. Ft.): 69,696
- Lot Size: 1.6
- Street/Road Desc.: Asphalt
- Fencing (Description): Wood
Financial Considerations
- Tax Amount: $14,435.54
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
- Flood Zone Info: X
- APN: 11948000000
- Property ID: 11948000000
Listed by Portal Realty
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Schools
Schools serving 824 E University Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
W. A. Metcalfe Elementary School 1250 Northeast 18th Avenue, Gainesville, FL 32609 | K-5 | 1.2 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 3.4 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 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 824 E University Ave
Date
Details
Price
Change
Source
3/17/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 824 E University Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,297
—
$834,152
5%
2024
$13,297
26%
$792,656
82%
2023
$10,559
8%
$436,468
5%
2021
$9,753
-4%
$416,489
-5%
2022
$10,200
5%
$439,500
18%
2021
$9,753
6%
$371,817
-1%
2019
$9,215
4%
$374,403
-1%
2018
$8,845
-1%
$379,500
2%
2017
$8,932
-2%
$373,300
-1%
2016
$9,072
-6%
$375,900
-4%
2015
$9,658
-1%
$393,000
—
2014
$9,770
-1%
$394,700
-1%
2013
$9,864
—
$397,400
—
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 824 E University Ave
824 E University Avenue, Gainesville, FL 32601 (MLS# GC538545) is a Single Family property with 19 bedrooms and 12 full bathrooms. 824 E University Avenue is currently listed for $2,200,000 and was received on March 17, 2026. Want to learn more about 824 E University Avenue? 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.
