313 NE 8th Avenue
Gainesville, FL 32601
- 12 beds
- 6 baths
- 3,566 sqft
- 6,970 sqft lot
- $238 per sqft
- 1937 build
- – on site
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This income-producing property, located within the sought-after Historic Duckpond district, comprises three contiguous parcels with a total of four buildings. Situated at the corner of 8th Ave and 4th St, this property is strategically positioned just 0.5 miles from Downtown and a mere 1.4 miles from UF. The property boasts six well-maintained 2-bedroom, 1-bath units, with the majority of these units having undergone kitchen remodels. Additionally, these units feature elegant hardwood floors, inviting living rooms complete with fireplaces, separate dining areas, as well as screened-in and enclosed porches. Currently, the property is fully occupied, with several long-term tenants in place. Four out of the six units have been remodeled, enhancing their appeal. Notably, all residential units are currently rented at rates below market value, presenting the opportunity for increased rental income through rate adjustments. Current Monthly Gross Income is $6,750. Rents range from $850-$1600 per month. This property's prime location offers easy access to various amenities and institutions, including UF, downtown Gainesville, Shands Hospital, the VA Hospital, numerous dining options, shopping centers, and more. Furthermore, it is situated only steps away from prominent landmarks such as the Historic Thomas Center, Roper Park, and downtown Gainesville. As a reminder, please refrain from disturbing the existing tenants, and seize this opportunity to become the owner of a property in the highly desirable Duckpond area.
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Last updated Oct 31, 2023
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MLS# GC516488 —
The Building
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Year Built:1937
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New Construction:false
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Construction Materials:Brick
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Levels:One
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Roof:Shingle
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Foundation Details:Crawlspace
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Window Features:Blinds
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Patio And Porch Features:Covered
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# of Buildings:6
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Building Area Total:3566
Interior
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Interior Features:Ceiling Fans(s)
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Furnished:Unfurnished
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Flooring:Ceramic Tile
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Fireplace:true
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Fireplace Features:Wood Burning
Room Dimensions
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Living Area:3566
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Take NW 8th Ave to East to corner of NE 8th Ave and NE 4th St, turn right onto NE 4th St and park on the street. Property is on the corner and behing
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Latitude:29.658992
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Longitude:-82.321782
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Coordinates:-82.321782, 29.658992
The Property
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Parcel Number:12272-000-000
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Lot Features:Corner Lot
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Lot Size Acres:0.16
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Lot Size SqFt:6970
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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:RSF3
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Exterior Features:French Doors
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:X
Listing Agent
- Contact info:
- Agent phone:
- (352) 514-9508
- Office phone:
- (352) 514-9508
Taxes
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Tax Year:2022
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Tax Lot:8
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Tax Legal Description:HIGHLANDS PB A-135 LOTS 8 9 & 10 OR 3957/0762 & OR 3972/1913
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Tax Book Number:A-135
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Tax Annual Amount:7889.32
Beds
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Bedrooms Total:12
Baths
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Total Baths:6
The Listing
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Special Listing Conditions:None
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Buyer's Brokerage Compensation:3%
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:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dryer
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Laundry Features:Outside
Schools
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Elementary School:W. A. Metcalfe Elementary School-AL
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Middle Or Junior School:Westwood Middle School-AL
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High School:Gainesville High School-AL
The Community
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Subdivision Name:HIGHLANDS
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Senior Community:false
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Water View: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:true
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Carport Spaces:4
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Covered Spaces:4
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Open Parking:true
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Parking Features:Curb Parking
Extra Units
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Other Structures:Storage
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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 |
---|---|---|---|---|
10/31/23
Oct 31, 2023
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Sold | STELLAR_MLS | $850,000 | |
10/4/23
Oct 4, 2023
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Pending | STELLAR_MLS | $850,000 | |
9/27/23
Sep 27, 2023
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Listed / Active | STELLAR_MLS | $850,000 |