$374,900
408 5th Avenue
Gainesville, FL 32601
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.
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 history35 days on market
- Status: PendingMay 5, 2026
- Listed$374,900Mar 31, 2026
- Price increased$374,900
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Pending
- Days on market
- 35
- Subdivision
- Brush Add To Gville
- County
- Alachua
- Year built
- 1992
- Living area
- 1,560 sq ft
- Price/sq ft
- $240
- Lot size
- 8,712 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12001C0314D)
- Annual taxes
- $3,276 (2025)
- Parcel #
- 14480-000-000
- Zoning
- PD
- MLS #
- GC538961
Interior Details
- Bedrooms
- 4
- Flooring
- Luxury Vinyl, Tile
- Interior features
- Living Room/Dining Room Combo, Stone Counters, Thermostat
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Curb Parking, Driveway, Ground Level, Off Street, On Street
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence, Private Entrance, Private Yard, Storage
- Construction materials
- Frame, Wood Siding
- Roof
- Shingle
- Foundation
- Block
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected
Listing Details
- Listing date
- 2026-03-30
- On market date
- 2026-03-31
- Original list price
- $374,900
- MLS area
- 32601 - Gainesville
- Listing AOR
- Gainesville-Alachua
- Status changed
- 2026-05-05
- Tax legal description
- BRUSH ADDN DB O-218 BK 26 PLAT IN S 1/2 OF BK 26 PB A-88 LOT 12 OR 3714/1064 & OR 4805/2221 & OR 5003/1729
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 the major intersection of University Avenue and Main Street in downtown Gainesville, head north on Main Street, turn left onto NW 5th Avenue; the property at 408 NW 5th Ave will be on your right.
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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 May 29, 2026 at 3:58 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