$1,350,000

1401 NW 5th Ave Gainesville, FL 32603

University Park Neighborhood

Estimated payment $7,968/month

Total Views 4,653
-- Bed
-- Bath
3,300 Sq Ft
$409 Price per Sq Ft

Highlights

  • No HOA
  • Gainesville High School Rated A
  • Ceiling Fan

About This Home

Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors. All units have parking and additional parking spaces to sell!

Listing Agent

Jamie Williams

BROXSON REAL ESTATE GROUP Brokerage Phone: 352-278-4648 License #3491384 Listed on: 08/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,296

Year Built

  • Built in 1959

Lot Details

  • 0.27 Acre Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,300 Sq Ft Home
  • Ceiling Fan

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 3,925 Sq Ft Building
  • Brown B W Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 15197-000-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,296

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3300
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 3925
  • Lot Size Sq Ft: 11761
  • Directions to Property: From I 75 Head East on Newberry road to W University Avenue. Make a left on NW 15th street. Turn Right on NW 5th avenue. Right across from the Legacy at the Standard and caddy corner to the Gate station
  • Status: Active
  • Street Direction: NW
  • Ownership: Other
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793696
  • RATIO Current Price By Calculate: 409.09
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-278-4648
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Street Number Modifier: 1401
  • Living Area Meters: 306.58

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
  • Flood Zone Date: 2006-06-16
  • Flood Zone Panel: 12001C0314D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Brown Addn

Fee Information

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

Lot Info

  • Zoning: RMF8
  • Parcel Number: 15197-000-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1093

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 6
  • Total Num Buildings: 1

Tax Info

  • Tax Annual Amount: 9296
  • Tax Book Number: A-29
  • Tax Lot: 1

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/19/2025 08/19/25 For Sale $1,350,000 0.0% $409 / Sq Ft
01/06/2025 01/06/25 Rented $1,100 0.0% --
10/15/2024 10/15/24 For Rent $1,100 0.0% --
09/22/2024 09/22/24 Under Contract -- -- --
08/24/2024 08/24/24 For Rent $1,100 0.0% --
11/01/2022 11/01/22 Sold $1,345,500 +34.6% $408 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $999,500 -- $303 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: GC533421

Stellar MLS
Florida Alachua County Gainesville 32603 University Park

1401 NW 5th Ave, Gainesville, FL

This home is located at 1401 NW 5th Ave, Gainesville, FL 32603 and is currently priced at $1,350,000, approximately $409 per square foot. This property was built in 1959. 1401 NW 5th Ave is a home located in Alachua County with nearby schools including Carolyn Beatrice Parker Elementary School, Westwood 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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Jamie Williams
Listing Agent
Jamie Williams
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BROXSON REAL ESTATE GROUP
(352) 388-3199