Listing provided courtesy of PORTAL REALTYas Distributed by MLSGrid- MLS# MFRGC538545MLS Provider

824 E UNIVERSITY AVENUEGAINESVILLE, FL 32601

Single Family · 19 Beds · 12 Full Baths · 12,008 Sq. ft. | 1.60 Acres
$2,200,000 Active

824 E UNIVERSITY AVENUE Overview

Time on Site:
105 days
Visits:
0

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

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824 E UNIVERSITY AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 12,008
  • Price/Sq.ft. $183
  • Lot 1.60 Acres

Details

General

Association/HOA

  • Association: No

Building Information

  • New Construction: No
  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32601 - Gainesville
  • Subdivision Name: GAINESVILLE DOIG & ROBERTSON ADD
  • Township: 10

Tax Information

  • Tax Annual Amount: 14435.54
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,FHA,Owner Financing,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 11948-000-000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: MU1

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 12
  • Bathrooms Half: 0
  • Bathrooms Total: 12
  • Bedrooms Total: 19

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 12008
  • Building Area Units: Square Feet

General Information

  • Appliances: Range,Washer
  • Cooling: Central Air
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Tile,Wood
  • Foundation Details: Other
  • Heating: Heat Pump,Natural Gas
  • Interior Features: Cathedral Ceiling(s),Ceiling Fans(s),Crown Molding,In Wall Pest System,Primary Bedroom Main Floor,Thermostat,Vaulted Ceiling(s)
  • Laundry Features: Other
  • Levels: Multi/Split
  • Living Area: 12008
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Stories Total: 2

Exterior

Lot Information

  • Additional Parcels Description: 11949-000-000, 11947-000-000, 11944-000-000
  • Additional Parcels: Yes
  • Lot Size Acres: 1.6
  • Lot Size Square Feet: 69696
  • Number Of Lots: 4
  • Road Surface Type: Asphalt
  • Water Source: None

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame
  • Direction Faces: South
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Balcony,Courtyard,Lighting,Sidewalk,Storage
  • Fencing: Wood
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Available,Cable Connected,Electricity Available,Electricity Connected,Fiber Optics,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected

Room Information

Room: Bathroom 1

  • Level: First

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bedroom

  • Level: First

824 E UNIVERSITY AVENUE Neighborhood

Community

32601 (GAINESVILLE) Demographics

24
Median Age
4,339
Population Density (per sq. mile)
61%
College Educated
$24,916
Estimated Median Income
2,131
Estimated Total Home Owners
6,069
Estimated Total Renters
26% / 74%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

824 E UNIVERSITY AVENUE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

824 E UNIVERSITY AVENUE Market Data

Based on the last 30 days in this zip code

$416,229
Average List Price
$238
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

824 E UNIVERSITY AVENUE History

Date Event Value Agent
3/17/2026Source: My Florida Regional MLS Added to Database
March 17, 2026