119 NW 11TH ST Pending

Gainesville,FL 32601

$ 525000

3 Beds

1 Bath

1240 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $423

Subdivision Browns Add -Moseleys Sub

MLS Listing ID GC524625

Bedrooms 3

Full Baths 1

Year Built 1927

Annual Tax Amount $4,847

Lot Size 7,405 Sqft

Property Sub-Type Single Family Residence

Property Description

Under contract-accepting backup offers. Prime U6-Zoned Investment Opportunity Just 0.3 Miles from UF! This is a rare chance to own property in one of Gainesville's most high-demand locations. Key Highlights: U6 Zoning – allows for multi-family development, retail, office, or mixed-use. Build up to 60 ft (74 ft with bonus). Residential density by right: 50 units/acre (60 with bonus). Located in Enterprise Zone – potential credits toward permitting fees .17-acre lot with fully fenced yard. Updated kitchen and bath. Newer roof (2011). HVAC replaced in 2015. Abundant natural light. Screened-in porch for outdoor living. This property can offer immediate rental income or can serve as the foundation for your next development project. Close proximity to campus, shops, dining, and nightlife, the location is unbeatable—and the zoning flexibility means endless possibilities. Don't miss out on the potential this close to UF. Schedule a showing today and explore how you can maximize the potential of this unique property!

Location

State FL

County Alachua

Community Browns Add -Moseleys Sub

Area 32601 - Gainesville

Zoning U6

Interior

Heating Electric,Natural Gas

Cooling Central Air

Flooring Wood

Fireplaces Type Wood Burning

Laundry Outside

Exterior

Exterior Feature Other

Community Features Street Lights

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Water Connected

Roof Type Shingle

Building

Story 1

Foundation Crawlspace

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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