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1113 NW 5th Avenue

Gainesville, FL 32601

$165,000

  • 0.14Acres
  • U6Zoning
  • AlachuaCounty
Subdivision
Browns Add To Gv
County
Alachua
MLS®
GC540950

Overview

Outstanding infill development opportunity just five blocks from the University of Florida. This 0.14-acre vacant lot is located in one of Gainesville's most active redevelopment corridors and is surrounded by several of the area's premier student housing communities, placing it in the heart of a proven rental and investment market.

Zoned U-6 (Urban 6), the property offers significant flexibility for developers and investors seeking to capitalize on continued demand for housing and mixed-use development near campus. U-6 zoning permits a variety of residential, commercial, and mixed-use uses, with residential densities of up to 50 dwelling units per acre, allowing for efficient land utilization in a highly walkable urban environment.

With limited undeveloped land remaining near UF, opportunities to acquire well-located infill sites of this nature are becoming increasingly scarce. The property's proximity to campus, major employment centers, retail, dining, and public transportation enhances its appeal for future residents and supports strong long-term market fundamentals.

Whether incorporated into a student housing strategy, boutique multifamily project, mixed-use concept, or long-term land investment, this parcel offers the location, zoning flexibility, and development potential that sophisticated investors seek. Rarely does a site this close to the University of Florida become available with such compelling redevelopment prospects.

Listing Snapshot

Price
$165,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
N/A
MLS® Number
GC540950
Status
Sold
Property Tax
$1,160.21 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Acres
0.14
Additional Property Use
Residential
Sewer
Public Sewer
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
Public
Zoning
U6

Exterior Features

3 items
Frontage
42
Lot Features
Cleared
Road Frontage
City Street

Community Features

3 items
MLS Area
32601 - Gainesville
Township
10
Roads
Asphalt

Location

1113 NW 5th Avenue, Gainesville, FL 32601 · 32601 - Gainesville

Neighborhood & Commute

ZIP Code 32601

Median household income
$33,644
Income per person
$25,323
Households
10,238
Average household size
2.04
Median age
27.3

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed

Friends & Family

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Listing courtesy of MAISON (352) 283-9141

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-15 08:38 AM EST

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