# 1615 NW 3RD Avenue, Gainesville, FL 32603

> **TL;DR:** commercial, $2,800,000, built 1996.
> A/C. Est. $14,975/mo. Listed 229 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,800,000 |
| Year Built | 1996 |
| Lot Size | 16,553 sqft (0.38 acres) |
| Property Type | Commercial (Other) |
| Status | Pending |
| Days on Market | 229 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $14,158 |
| Estimated Insurance | $817 |
| **Total** | **$14,975** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1996
- 0.38 acre lot

## Description

### Agent Description
College Park multifamily investment opportunity just steps from the University of Florida. This 13,244 SF property on 0.38 acres, comprising 21 rental units across multiple buildings, is income-producing. Located near Midtown and University Avenue with on-site parking, the property offers strong value-add potential through renovation, repositioning, or redevelopment in one of Gainesville's most desirable rental markets.

## Location

- **Address:** 1615 NW 3RD Avenue, Gainesville, FL 32603
- **County:** Alachua
- **Neighborhood:** COLLEGE PARK
- **Coordinates:** 29.653695, -82.344076
- **Google Maps:** https://www.google.com/maps?q=29.653695,-82.344076

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/stellar/GC538532

## Listing Agent

- **Name:** Perry Pursell
- **Brokerage:** Coldwell Banker M.M. Parrish Realtors
- **Broker Phone:** (352) 335-4999

## Photos

![1615 NW 3RD Avenue - Photo 1](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f600330439r.jpg)

![1615 NW 3RD Avenue - Photo 2](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f87179231r.jpg)

![1615 NW 3RD Avenue - Photo 3](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f1981540659r.jpg)

![1615 NW 3RD Avenue - Photo 4](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f3595906223r.jpg)

![1615 NW 3RD Avenue - Photo 5](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f3974219437r.jpg)

![1615 NW 3RD Avenue - Photo 6](http://lh.rdcpix.com/1c9ebfcc766d78c02a48ff9414e6774dl-f3946664790r.jpg)

---

**MLS#:** GC538532 | **Updated:** 2026-10-21
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1615-nw-3rd-avenue-gainesville-fl-32603-784907c430ab45819c1cf1668ce7d4f0)

---

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