$525,000 for Sale
119 nw 11th street , gainesville, FL 32601
| Beds 3 | Baths 1 | 1,240 Sqft | 0.17 Acres |
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Property Description
Development opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3-bedroom, 1-bathroom home offers over 1,200 sqft of living space, screened-in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought-after area!
General Information
Sale Price: $525,000
Price/SqFt: $423
Status: Active
MLS#: GC524625
City: gainesville
Post Office: gainesville
Schools: gainesville high school-al
County: Alachua
Subdivision: browns add -moseleys sub
Acres: 0.17
Lot Dimensions: 58 x 130
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,240 sq.ft.
Acreage: 0.17 est.
Year Built: 1927
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Paved
Garage: No
Construction: Wood Frame, Wood Siding
Exterior Misc: Other
Fireplaces: Yes
Fireplace Description: Wood Burning
Basement: No
Foundation : Crawlspace
Appliances: Dishwasher, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Electric, Natural Gas
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,848
Legal Description: Lot 10, Block 12, Mosley's Subdivision, according to the plat thereof, recorded in Plat Book A, Page 111, the same being of the East 1/2 of Block 12 of Brown's Addition to Gainesville, recorded in Plat Book A, Page 64, of the Public Records of Alachua County, Florida.
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Angelina Ballatore of BHHS FLORIDA REALTY, Phone: 352-225-4700
