1102 NW 3rd Ave Gainesville, FL 32601
Fifth Avenue NeighborhoodEstimated payment $4,713/month
Highlights
- No HOA
- Solid Wood Cabinet
- Heating Available
- Gainesville High School Rated A
- Laundry Room
- 2-minute walk to Sharmie Ffar Park
About This Home
Midtown Investment Opportunity | 6/2 Duplex + 1/1 Studio – Fully Leased Through July 2026
Located in the heart of Gainesville’s Midtown district, just steps from UF and surrounded by high-demand student housing, this property offers immediate income and long-term upside. The 2,800 sq. ft. duplex features two spacious 3-bedroom/1-bath units, each with a full kitchen and in-unit washer/dryer. A detached 1-bedroom/1-bath studio (~500 sq. ft.) adds even more rental flexibility. Currently generating $4,800/month in gross rent and fully leased through July 2026, this property provides investors with stable cash flow today and strong potential for higher returns at lease renewal. With unbeatable walkability to campus, nightlife, and downtown, and consistent student demand year after year, this 3-unit property is a turnkey investment in one of Gainesville’s most sought-after rental markets.
Listing Agent
COLDWELL BANKER M.M. PARRISH REALTORS Brokerage Phone: 352-335-4999 License #3463219 Listed on: 09/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,923
Year Built
- Built in 1958
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x95
Home Design
- Duplex
- Bi-Level Home
- Frame Construction
- Metal Roof
Interior Spaces
- 2,826 Sq Ft Home
- Crawl Space
- Solid Wood Cabinet
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Outdoor Features
- Private Mailbox
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Community Details
- No Home Owners Association
- 3 Units
- 2,896 Sq Ft Building
- Browns Add Hickson Rep Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 26
- Assessor Parcel Number 13952-000-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,276 | $528,859 | $105,415 | $423,444 |
| 2023 | $9,276 | $448,930 | $105,415 | $343,515 |
| 2022 | $8,039 | $361,984 | $57,000 | $304,984 |
| 2021 | $7,449 | $318,498 | $57,000 | $261,498 |
| 2020 | $7,513 | $322,140 | $95,000 | $227,140 |
| 2019 | $8,548 | $358,643 | $95,000 | $263,643 |
| 2018 | $3,435 | $153,500 | $71,300 | $82,200 |
| 2017 | $3,637 | $192,600 | $85,500 | $107,100 |
| 2016 | $2,874 | $113,100 | $0 | $0 |
| 2015 | $2,906 | $112,100 | $0 | $0 |
| 2014 | $2,960 | $113,300 | $0 | $0 |
| 2013 | -- | $115,400 | $42,800 | $72,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $698,000 | +16.3% | $247 / Sq Ft |
| 05/29/2023 05/29/23 | Sold | $600,000 | -4.0% | $212 / Sq Ft |
| 05/02/2023 05/02/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $624,900 | -- | $221 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | None Listed On Document | |
| Warranty Deed | $600,000 | None Listed On Document | |
| Warranty Deed | $475,000 | Attorney | |
| Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Warranty Deed | $139,900 | -- | |
| Warranty Deed | $50,200 | -- | |
| Warranty Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Closed | $450,000 | New Conventional | |
| Previous Owner | $427,500 | Balloon | |
| Previous Owner | $97,800 | Credit Line Revolving | |
| Previous Owner | $56,000 | Credit Line Revolving | |
| Previous Owner | $132,900 | No Value Available |
Source: Stellar MLS
MLS Number: GC533911
APN: 13952-000-000
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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