Forest Park - 3100 NW 14TH STREET, Gainesville, FL 32605, sold on February 10, 2023

Closed onFebruary 10, 2023
List Price$249,999
Selling Price$241,000 ($239.09 / sqft)
Beds / Baths2 / 1
Square Feet1,008
Acre(s)1.7
SubdivisionForest Park
Year Built1950
MLS #508063
Courtesy ofMISNER REAL ESTATE SERVICES LLC

INVESTORS-INVESTORS Nearly 2 acres on two parcels. The house on this parcel is currently rented under a month-to-month lease. It is a very good rental and has been 100% occupied for the last 10 years. There are several development possibilities with these two parcels. One is to keep the current house & add a new multiple family residential units on the vacant parcel. This could make a total of six possible units & would include the current house. The other 2 possibilities involve rezoning the parcels to either MRF-5 or 6 with RMF-5 being more probable. With RMF-5 the estimated density would be 16 housing units or 9.4 units per acre. In this case the house would need to be removed. This property has been professionally appraised.