SW 62nd Ave
Gainesville, FL 32608
Finley Woods Multifamily Development · Land For Sale · 8.79 AC

The subject site is zoned Planned Development with an allowance for 152 multifamily units. The property is located within a 5 minute drive to the famous Oak Hammock Retirement Community, Butler Plaza Shopping Center (2 million SF of retail, restaurants, movies, etc., Celebration Pointe, Shands Hospital, the Veterans Administration, and the University of Florida. The site is currently being annexed in to the City of Gainesville, which allows for less stringent development requirements, lower impact fees, and lower utility fees. Water retention for the subject property is included within the subdivision so it doesn’t deduct from the development acreage. All required road improvements have already been done by the Finley Woods developer, including turn lanes and road widening, saving the multifamily developer hundreds of thousands. The subject site is served by Clay Electric, which is far cheaper than the City’s Gainesville Regional Utilities. This is an excellent opportunity for a conventional community or senior care facility.