$48,600
706 University Avenue
Gainesville, FL 32601
Listing updated: December 12, 2025 at 12:15 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Former restaurant space for lease. Currently a shell so can be built out to a tenant's specific needs. Housed Leonardo's 706 for decades. Great visibility from West University Avenue, plenty of parking and good signage. Located just blocks from the University of Florida and downtown Gainesville surrounded by an area that is increasing in density.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history3 days on market
- Status: ActiveDec 9, 2025
- Listed$48,600Dec 9, 2025
- Price increased$48,600
Facts & features
- Property type
- Commercial Lease
- Sub type
- Restaurant
- Status
- Active
- Days on market
- 3
- Cumulative DOM
- 701
- Subdivision
- Browns Add Florida Court
- County
- Alachua
- Year built
- 1962
- Living area
- 2,430 sq ft
- Price/sq ft
- $20
- Lot size
- 20,038 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12001C0314D)
- Annual taxes
- $13,531 (2025)
- Parcel #
- 13661-000-000
- Zoning
- MU1
- MLS #
- GC535923
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Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2025-12-09
- On market date
- 2025-12-09
- Original list price
- $48,600
- MLS area
- 32601 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2025-12-09
- Tax legal description
- BROWN ADDN BK 4 PB A-64 FLORIDA COURT PB A-110 LOTS 2 4 6 LESS R/W OR 175/232 & 234) OR 1987/0387
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Located on West University Avenue at the corner of Univ Ave and NW 7th Street.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of December 12, 2025 at 12:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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