$2,200,000
824 University Avenue
Gainesville, FL 32601
About this home
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
Estimated monthly payment
$13,336/mo
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 history1 days on market
- Status: ActiveMar 17, 2026
- Listed$2,200,000Mar 17, 2026
- Price increased$2,200,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Gainesville Doig & Robertson Add
- County
- Alachua
- Year built
- 1947
- Living area
- 12,008 sq ft
- Price/sq ft
- $183
- Lot size
- 69,696 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12001C0314D)
- Annual taxes
- $14,436 (2025)
- Parcel #
- 11948-000-000
- Zoning
- MU1
- MLS #
- GC538545
Interior Details
- Bedrooms
- 19
- Full bathrooms
- 12
- Flooring
- Tile, Wood
- Appliances
- Range, Washer
- Interior features
- Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Laundry
- Other
- Stories / Levels
- Multi/Split
- Direction faces
- South
- Fireplace
- Yes
Heating & Cooling
- Heating
- Heat Pump, Natural Gas
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, Owner Financing, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Balcony, Courtyard, Lighting, Sidewalk, Storage
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Other
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Kitchen | First | |
| Bathroom 1 | First | |
| Living Room | First |
Listing Details
- Listing date
- 2026-03-11
- On market date
- 2026-03-17
- Original list price
- $2,200,000
- Occupant type
- Tenant
- MLS area
- 32601 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-03-17
- Tax legal description
- DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
Location
- Flood zone
- X(12001C0314D)
Directions
NE corner of E University Ave and NE 9th 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 March 18, 2026 at 1:40 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA