$2,800,000
1615 3rd Avenue
Gainesville, FL 32603
Listing updated: June 29, 2026 at 12:25 PM ET
Listing courtesy of Coldwell Banker M.M. Parrish Realtors · Perry Pursell · MLS #GC538532 · Active · 352-335-4999Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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 history102 days on market
- Status: ActiveMar 19, 2026
- Listed$2,800,000Mar 19, 2026
- Price increased$2,800,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 102
- Subdivision
- College Park
- County
- Alachua
- Year built
- 1996
- Price/sq ft
- $211
- Building area
- 13,244 sq ft (Public Records)
- Lot size
- 16,553 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12001C0313E)
- Annual taxes
- $32,568 (2025)
- Parcel #
- 15032-000-000
- Zoning
- RMU
- MLS #
- GC538532
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Heating & Cooling
- Cooling
- Central Air, Other
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Construction materials
- Brick, HardiPlank Type, Other, Frame
- Foundation
- Slab
- Road surface
- Paved
Listing Details
- Listing date
- 2026-03-18
- On market date
- 2026-03-19
- Original list price
- $2,800,000
- MLS area
- 32603 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-03-19
- Tax legal description
- COLLEGE PARK PB A-9 N 1/2 OF W 8 FT OF LOT 2 & N 1/2 OF LOT 3 & LOTS 4 5 BK 9 OR 4458/0403
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
From W University Avenue, turn north onto NW 16th Street. Turn right (east) onto NW 2nd Avenue. The property is located in the College Park neighborhood, just north of the University of Florida campus, behind the Swamp Restaurant. The property will be on the south side of NW 2nd Avenue
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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 June 29, 2026 at 12:25 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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