Exceptional Investment & Development Opportunity! Rare opportunity to own a triplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and… Read More developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The property is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing triplex, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available- 908 NW 4th Place and 918 NW 4th Place. Read Less
Courtesy of BHHS FLORIDA REALTY 352-225-4700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Triplex
Beds
3
Square Ft.
1,751
Lot Size
0.11 Acres
Year Built
1930
MLS Number
GC542480
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Appliances & Equipment
Range
Building
Built in 1930, Living area: 1751, Living area units: Square Feet, Levels: One, Construction Materials: HardiPlank Type, Frame
Electric Dryer Hookup, Laundry Closet, Washer Hookup
Lot
0.11 acres
Property
Completed
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 13759-003-000, Public Survey Range: 20, Public Survey Section: 5, Annual Amount: $3,964, Tax Book Number: A-64, Legal Description: Lot 16 (Sixteen) of TAYLOR'S re-survey of the West half of Block 6 of BROWN'S ADDITION TO THE CITY OF GAINESVILLE as per plat thereof recorded in Plat Book "A", page 126 of the Public Records of Alachua County, Florida., Lot: 16, Year: 2025, Zoning: U4
Tenant Pays
Electricity, Sewer, Trash Collection, Water
Utilities
Electricity Available, Sewer Available, Water Available, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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