NOT LISTED FOR SALE
0.66 Acre
-- Price per Acre
28,750 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $1,525,000 $1,115 Per Sq Ft

80 Days on Market

Highlights

  • Waterfront
  • 0.66 Acre Lot
  • No HOA
  • Gainesville High School Rated A

About This Lot

As of September 2020

This 0.66 acre student housing development site is zoned U-5, which allows for 75 units per acre and is located in the highly sought after College Park area across from the UF football stadium. The bedroom equation within this zoning district is 2.75 beds per unit allowing for 135 beds per right (0.66 acre x 75 units/acre = 49 units x 2.75 beds per unit = 135 beds). The zoning also allows up to 4 stories on the site, however, a very small portion on the NW corner of the property is within 100 feet of a single family zoned home. The zoning states that only the portion of the subject property that is within the 100 foot buffer is limited to 3 stories in height.  The buyer/developer would create a small step up in height from 3 to 4 stories in that NW corner. The property currently has an older single family home on it fronting NW 19th Street, only three blocks north of University Avenue.  The property does not fall within any flood zone or wetlands area.  All utilities serve the site.  The property is owned free and clear by the sellers. It is in close proximity to several other highly successful multi-story apartment developments with similar zoning densities per acre already achieved on those sites.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,046

Lot Details

  • 0.66 Acre Lot
  • Waterfront
  • Property is zoned U5

Schools

  • J. J. Finley Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • College Park Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 15073-000-000

Property Details

Property Type

Land

Est. Annual Taxes

$4,046

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.66
  • Lot Size Sq Ft: 28750
  • Directions to Property: From University Ave and NW 13th Street, head west on Univ Ave. Turn right (north) on NW 19th Street. Subject is on right just past NW 3rd Ave.
  • Status: Sold
  • Street Direction: NW
  • List Office Head Office Key Nume: 534938124
  • RATIO Current Price By Calculate: 53.04
  • Total Acreage: 1/2 to less than 1
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 323

Exterior Features

  • Waterfront: Yes
  • Disclosures: Other Disclosures
  • Price Per Acre: 2727273

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Community Features: Deed Restrictions, None
  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: J. J. Finley Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: U5
  • Parcel Number: 15073-000-000
  • Current Use: Other
  • Fencing: Other
  • Lot Features: Other
  • Lot Size Square Meters: 2671
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 4046

Range of Values:

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Average Value
Not Available
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
12/06/2021 12/06/21 Off Market $1,525,000 -- --
09/09/2020 09/09/20 Sold $1,525,000 -15.3% $1,115 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $1,800,000 -- $1,316 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Map

Source: Stellar MLS

MLS Number: GC428413

Stellar MLS

APN: 15073-000-000