3557 SW 19TH AVE new Save Request In-Person Tour Request Virtual Tour
Gainesville,FL 32607
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,092 sqft
Price per Sqft $196
Subdivision Sweat Thomas Sub
MLS Listing ID GC535540
Year Built 1973
Annual Tax Amount $14,728
Lot Size 1.130 Acres
Property Sub-Type Multi Family
New Construction false
Property Description
Twelve-unit apartment complex located within walking and biking distance of University of Florida south campus. This property has a very high occupancy rate given its location near the University of Florida and the Butler Town Center shopping area. The property is located on 1.13 acres behind the UF Hilton Hotel. The current owner utilizes one unit as a BNB, that brings in great income from researchers working at the University of Florida. This property provides instant income while providing a redevelopment opportunity for the right developer/investor. The property has the City of Gainesville U-9 zoning which allows 100 units per acre and 6 stories by right. The owners have owned the property for over 40 years with grounds around the apartment functioning as a butterfly sanctuary.
Location
State FL
County Alachua
Community Sweat Thomas Sub
Area 32607 - Gainesville
Zoning U-9
Interior
Heating Electric
Cooling Central Air
Flooring Carpet,Ceramic Tile,Luxury Vinyl
Exterior
Utilities Available Water Connected
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC535540