1022 SW 1st Avenue
Gainesville, FL 32601
- 20 beds
- 14 baths
- 7,966 sqft
- 8,023 sqft lot
- $338 per sqft
- 1935 build
- – on site
Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
Last checked:
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Last updated May 13, 2025
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MLS# R4909329 —
The Building
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Year Built:1935
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New Construction:false
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Construction Materials:Brick
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Roof:Shingle
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Foundation Details:Other
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# of Buildings:6
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Building Area Units:Square Feet
Interior
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Interior Features:Other
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Fireplace:false
Room Dimensions
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Living Area:7966
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Living Area Units:Square Feet
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Living Area Source:Owner
Location
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Directions:From the intersection of 13th Street and W University Avenue, head east on University Ave. Turn right on SW 12th Street. Turn left on SW 1st Ave. Subject is on the left.
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Latitude:29.651407
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Longitude:-82.335949
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Coordinates:-82.335949, 29.651407
The Property
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Parcel Number:13222010001
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:0.5
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Lot Size Area:8023
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Lot Size SqFt:8023
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Lot Size Units:Square Feet
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Total Acres:1/2 to less than 1
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Zoning:U5
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View:false
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Exterior Features:Other
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Additional Parcels:true
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Additional Parcels Description:13222 010 002, 13222 010 003, 13222 010 004, 13222 010 005, 13222 010 006
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (352) 871-8324
- Office phone:
- (352) 871-8324
Taxes
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Tax Year:2024
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Tax Lot:7
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Tax Block:14
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Tax Legal Description:BRICK HOUSE CONDOMINIUM OR 2969/0769 UNIT 1022 & A 1/6 SHARE OF COMMON ELEMENTS OR 4608/0879
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Tax Annual Amount:$21,136.93
Beds
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Bedrooms Total:20
Baths
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Total Baths:14
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/R4909329
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Special Listing Conditions:None
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
Appliances
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Laundry Features:Electric Dryer Hookup
The Community
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Subdivision Name:BRICK HOUSE
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/12/25
May 12, 2025
|
Listed / Active | STELLAR_MLS | $2,700,000 | 1352.4% (55.3% / YR) |
12/1/00
Dec 1, 2000
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STELLAR_MLS | $185,897 |