1401 NW 5TH AVENUE at

1401 NW 5TH AVENUE

For sale Days on market 206

$1,050,000

$318/sq ft

$450,000
Price Decreased

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Overview

Year Built

1959

Sqft

3300

Property Description

Prime UF Investment Opportunity – 6 Income-Producing 1BR Units Just 4 Blocks from Campus! Wake up and be in the heart of campus in under 5 minutes! This rare opportunity to own six income-generating 1BR/1BA units in the highly desirable U5 zoning district is perfect for investors seeking consistent rental income and long-term appreciation. Located just four blocks from UF’s Business School and caddy-corner to the Gate gas station, this property offers unbeatable walkability for students and professionals alike. Five of the six units are currently leased through July 2026, providing immediate and stable cash flow. One unit is currently vacant—ideal for a new owner to renovate or lease at market rate. Whether you’re expanding your portfolio or making your first leap into student housing, this property checks all the boxes: location, zoning, and income. Don’t miss this rare multifamily gem in one of Gainesville’s highest-demand rental corridors.

Property Details

MLS#

GC532877

Address

1401 5TH NW

City

Gainesville

State/county

Zip/Postal Code

32603

Area

Brown B W

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,296

Maint Fee

$--

Tax Year

2024

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