Active

$325,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRGC533379
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
GREAT NEW PRICE! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!
Financial Considerations
Price:
$325,000
HOA Fee:
N/A
Tax Amount:
$1489
Price per SqFt:
$34.31
Tax Legal Description:
Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.
Exterior Features
Lot Size:
9472
Lot Features:
Buildable, Cleared, Corner Lot, Paved, Wooded
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    534 & 580 NW 7TH TER
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