SoldLandSold
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
- Listing updated with changes from the MLS®
- Status changed to Closed
Friends & Family
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