$2,700,000

1022 SW 1st Ave Unit 1022 Gainesville, FL 32601

Estimated payment $16,730/month

Total Views 333
20 Beds
14 Baths
7,966 Sq Ft
$339 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to Sharmie Ffar Park
  • Gainesville High School Rated A
  • Heating Available

About This Home

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.

Listing Agent

Beau Beery

BRG REALTY VENTURES License #3271300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,137

Year Built

  • Built in 1935

Lot Details

  • 0.5 Acre Lot
  • Additional Parcels

Home Design

  • 7,966 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 14 Bathrooms

Laundry

  • Washer and Electric Dryer Hookup

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Buildings
  • 6 Units
  • Brick House Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 14
  • Assessor Parcel Number 13222-010-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,137

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 7966
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1935
  • Lot Size Sq Ft: 8023
  • Number Of Lots: 6
  • Directions to Property: 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.
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 678960376
  • RATIO Current Price By Calculate: 338.94
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Other
  • Total Bedrooms: 20
  • Street Number Modifier: 1022
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 740.07

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: University Place

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: U5
  • Parcel Number: 13222-010-001
  • Additional Parcels Description: 13222 010 002, 13222 010 003, 13222 010 004, 13222 010 005, 13222 010 006
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Lot Size Square Meters: 745

Multi Family

  • Number Of Units Total: 6
  • Total Num Buildings: 6
  • Unit Count: 6

Tax Info

  • Tax Annual Amount: 21136.93
  • Tax Block: 14
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $2,700,000 -- $339 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: R4909329

Stellar MLS

APN: 13222-010-001

Florida Alachua County Gainesville 32601

1022 SW 1st Ave Unit 1022, Gainesville, FL

Homes for Sale in Gainesville, FL

This home is located at 1022 SW 1st Ave Unit 1022, Gainesville, FL 32601 and is currently priced at $2,700,000, approximately $338 per square foot. This property was built in 1935. 1022 SW 1st Ave Unit 1022 is a home located in Alachua County with nearby schools including Carolyn Beatrice Parker Elementary School, Kanapaha Middle School, and Gainesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Beau Beery
Listing Agent
Beau Beery
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BRG REALTY VENTURES
(352) 703-1217