Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

534 NW 7th Ter - 534 & 580 NW 7th Terrace 0.22 Acres of Commercial Land Offered at $325,000 in Gainesville, FL 32601

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Double-lot
Electricity, Water, and Sewer Available

Partially cleared
1 Mile from University of Florida, less than 2 Miles from UF Health/Shands Hospital

Executive Summary

Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!

Property Facts

Price	$325,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily Single Family Residence
Sale Condition	Redevelopment Project	Total Lot Size	0.22 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	Residential

Price	$325,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Single Family Residence
Total Lot Size	0.22 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential

1 Lot Available

Lot

Price	$325,000	Lot Size	0.22 AC
Price Per AC	$1,477,272.73

Price	$325,000
Price Per AC	$1,477,272.73
Lot Size	0.22 AC

Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood, 1 mile from the University of Florida. South lot clear and ready for immediate build.

1 1