1618 NW 4th Ave Gainesville, FL 32603
University Park NeighborhoodEstimated payment $4,462/month
Highlights
- No HOA
- Gainesville High School Rated A
- Ceiling Fan
About This Home
Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.
Listing Agent
MAISON Brokerage Email: ben@maisonfla.com License #3278776 Listed on: 12/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,416
Year Built
- Built in 1949
Home Design
- Triplex
- Pillar, Post or Pier Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,616 Sq Ft Home
- Ceiling Fan
- Laundry Located Outside
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- 0.29 Acre Lot
- Septic Tank
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 55
- Assessor Parcel Number 14950-000-000
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 |
|---|---|---|---|---|
| 2025 | $9,416 | $425,961 | $227,383 | $198,578 |
| 2024 | $7,754 | $386,592 | $227,383 | $159,209 |
| 2023 | $7,754 | $341,281 | $227,383 | $113,898 |
| 2022 | $7,506 | $347,077 | $227,383 | $119,694 |
| 2021 | $7,092 | $327,487 | $227,383 | $100,104 |
| 2020 | $6,548 | $311,181 | $227,383 | $83,798 |
| 2019 | $5,927 | $252,354 | $188,850 | $63,504 |
| 2018 | $5,803 | $258,800 | $214,000 | $44,800 |
| 2017 | $6,815 | $365,100 | $321,000 | $44,100 |
| 2016 | $5,638 | $238,180 | $0 | $0 |
| 2015 | $5,195 | $214,900 | $0 | $0 |
| 2014 | $5,258 | $215,800 | $0 | $0 |
| 2013 | -- | $216,700 | $188,100 | $28,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Price Changed | $699,000 | -6.7% | $433 / Sq Ft |
| 12/11/2025 12/11/25 | For Sale | $749,000 | 0.0% | $463 / Sq Ft |
| 08/21/2023 08/21/23 | Rented | $1,300 | 0.0% | -- |
| 08/18/2023 08/18/23 | Price Changed | $1,300 | -7.1% | $1 / Sq Ft |
| 07/08/2023 07/08/23 | For Rent | $1,400 | -- | -- |
Source: Stellar MLS
MLS Number: GC535993
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.