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About This Home

This 19-bedroom, 12-bathroom single family at 824 E UNIVERSITY AVENUE in Gainesville, FL is listed for $2,200,000 ($183 per sqft). Built in 1947, the home offers 12,008 sqft of living space on a 1.60 acres lot.

Agent Description

University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida.

Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion.

Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access.

The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion.

With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000

Key Features

  • Built in 1947
  • 1.60 acre lot
  • Fireplace

Property Details

12 full
1947

Amenities

Fireplace

Monthly Cost Estimate

$11,766/mo

20% down · 6.5% · 30 years

Principal$1,591
Interest$9,533
Insurance$642

Estimates only. Actual payments may vary.

Location

824 E UNIVERSITY AVENUE

Gainesville, FL 32601

GAINESVILLE DOIG & ROBERTSON ADD

Features & Amenities

Interior Features

Cathedral Ceiling(s)Ceiling Fans(s)Crown MoldingIn Wall Pest SystemPrimary Bedroom Main FloorThermostatVaulted Ceiling(s)

Exterior Features

FencingBalconyCourtyardLightingSidewalkStorage

Property Details

Flooring

TileWood

Construction

Frame

Heating

Fireplace(s)Heat Pump (Heating)Natural Gas

Cooling

Central Air

Appliances

Range

Questions & Answers

This 19-bedroom, 12-bathroom single family at 824 E UNIVERSITY AVENUE is listed at $2,200,000 ($183/sqft). The estimated monthly payment is $9,533 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 1.60 acre lot, Fireplace. Interior Features: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding. Exterior Features: Fencing, Balcony, Courtyard.

This property is listed by Adrian Hayes-Santos and can be reached at 3525143191 or adrian@portalgainesville.com.

AH

Adrian Hayes-Santos

Agent at PORTAL REALTY

(352) 514-3191

Listed by PORTAL REALTY · View on Broker Site

MLS# GC538545· Source: listhub· Updated 82 days ago

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.

824 E UNIVERSITY AVENUE, Gainesville, FL 32601

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