119 NW 11TH STREET
Gainesville, FL 32601

$525,000 Under Contract
Subdivision: Browns Add -Moseleys Sub

Under contract-accepting backup offers. Prime U6-Zoned Investment Opportunity Just 0.3 Miles from UF! This is a rare chance to own property in one of Gainesville’s most high-demand locations. Key Highlights: U6 Zoning – allows for multi-family development, retail, office, or mixed-use. Build up to 60 ft (74 ft with bonus). Residential density by right: 50 units/acre (60 with bonus). Located in Enterprise Zone – potential credits toward permitting fees .17-acre lot with fully fenced yard. Updated kitchen and bath. Newer roof (2011). HVAC replaced in 2015. Abundant natural light. Screened-in porch for outdoor living. This property can offer immediate rental income or can serve as the foundation for your next development project. Close proximity to campus, shops, dining, and nightlife, the location is unbeatable—and the zoning flexibility means endless possibilities. Don’t miss out on the potential this close to UF. Schedule a showing today and explore how you can maximize the potential of this unique property!

Basic Information
MLS#: GC524625
Price: $525,000
Square Footage: 1240
Price / Square Foot: $423.39
Bedrooms: 3
Bathrooms: 1 Full
Acreage: 0.17
Year Built: 1927
Details
HVAC: Electric,Natural Gas, Central Air
Exterior Features: Other
Elementary School: Carolyn Beatrice Parker Elementary
Middle School: Westwood Middle School-AL
High School: Gainesville High School-AL
Virtual Tour: Click here
Listing Courtesy Of: BHHS FLORIDA REALTY - 352-225-4700

 

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119 NW 11TH STREET

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by Savvy & Company LLC