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302 NW 7th Terrace

Gainesville, FL 32601

5 beds
5 baths
2,174 sqft
8,276 sqft lot
$310 per sqft
1935 build
– on site

WALK TO UF! Two completely remodeled duplexes for sale (4 units). All units are pre-leased through July 2026. Units are comprised of one 2BD/2BA unit and three 1BD/BA units. All units have been completely remodeled including: kitchens, bathrooms, flooring, HVACs, water heaters, metal roofs, plumbing, electric, etc. Tenants pay all utilities. Combined annual gross rents of $62,100, increasing to $64,500 this July. Units are professionally managed. Net income is pro-forma estimate. Across from the University of Florida and countless amenities. This is the perfect opportunity to own stabilized investment property near the University of Florida! Can be bought with adjacent SFR rental home for sale (MLS #R4909490).

Listing courtesy of STELLAR_MLS / BRG REALTY VENTURES

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# R4909491 —

The Building

Year Built:

1935
New Construction:

false
Construction Materials:

Wood Siding
Roof:

Metal
Foundation Details:

Slab
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Other
Fireplace:

false

Room Dimensions

Living Area:

2174
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From intersection of University Avenue and NW 13th Street, head east on University Ave. Turn left (north) on NW 8th Avenue. Subject is on the NW corner of 8th Ave and 3rd Street.
Latitude:

29.654015
Longitude:

-82.332415
Coordinates:

-82.332415, 29.654015

The Property

Parcel Number:

13645000000
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Size Acres:

0.19
Lot Size Area:

8276
Lot Size SqFt:

8276
Lot Size Dimensions:

96 x 87.2
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RC
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

8
Tax Legal Description:

BROWN ADDN BK 3 PB A-64 FENNELL S/D OF SW1/4 PB A-74 LOT 8 & 9 OR 1803/1648
Tax Book Number:

A-64
Tax Annual Amount:

$5,571.14

Beds

Bedrooms Total:

5

Baths

Total Baths:

5

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Inside

The Community

Subdivision Name:

BROWNS ADD -J M FENNELL
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/17/25 Jun 17, 2025	Listed / Active	STELLAR_MLS	$675,000	80.0% (12.9% / YR)
4/5/19 Apr 5, 2019		STELLAR_MLS	$375,000

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This multifamily located in Fifth Avenue, Gainesville, FL 32601 is currently for sale for $675,000. 302 NW 7th Terrace is a 2,174 square foot multifamily with 5 beds and 5 baths that has been on Estately for 0 days. 302 NW 7th Terrace is in the Fifth Avenue neighborhood of Gainesville and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Westwood Middle School, J.J. Finley Elementary School, and Gainesville High School.

Listing Courtesy of: STELLAR_MLS and BRG REALTY VENTURES.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.