534 & 580 NW 7TH TERRACE

$350,000

$30,000
Price Decreased

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Overview

0.22 acres

Property Description

$30k Reduction!! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!

Property Details

MLS#

GC533379

Address

534 & 580 7TH NW

City

Gainesville

State/county

FL

Zip/Postal Code

32601

Area

Pleasant Street

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,489

Maint Fee

$--

Tax Year

2024

City

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Boris Gelfand