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Active Residential

824 E UNIVERSITY AVENUE

Gainesville, FL 32601

STELLAR #GC538545 Updated: Mar 18, 2026, 4:23pm
$2,200,000
19 Beds • 12 Baths • 12,008 SqFt
Property
ActiveResidential
1/14
$2,200,000

824 E UNIVERSITY AVENUE

Gainesville, FL 32601
19
Beds
12
Baths
12,008
SqFt
1.6
Acres
STELLAR
#GC538545
Updated: Mar 18, 2026, 4:23pm

Property Description

University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida.

Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion.

Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access.

The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion.

With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000
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Included Appliances
RangeWasher

Property Details

Interior
Appliances
RangeWasher
Bathrooms Total Decimal
12
Building Area Total
12008
Cooling
Central Air
Fireplace Features
Living Room
Flooring
TileHardwood
Furnished
Unfurnished
Heating
Heat PumpNatural Gas
Interior Features
Cathedral Ceiling(s)Ceiling Fan(s)Crown MoldingIn Wall Pest SystemPrimary Bedroom Main FloorThermostatVaulted Ceiling(s)
Laundry Features
Other
Living Area
12008
Rooms Total
4
Construction
Building Area Source
Owner
Building Area Units
Square Feet
Construction Materials
Wood Frame
Direction Faces
South
Foundation Details
Other
Levels
Multi/Split
Living Area Source
Appraiser
Living Area Units
Square Feet
Roof
Shingle
Stories Total
2
Year Built
1947
Site & Exterior
Exterior Features
BalconyCourtyardLightingSidewalkStorage
Fencing
Wood
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
1.6
Lot Size Area
1.6
Lot Size Square Feet
69696
Lot Size Units
Acres
Number Of Lots
4
Public Survey Range
20
Public Survey Section
4
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1 to less than 2
Utilities
BB/HS Internet AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedFiber OpticsNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
Zoning
MU1
Zoning Compatible
Yes
Financials
Additional Parcels
Yes
Additional Parcels Description
11949-000-000, 11947-000-000, 11944-000-000
Calculated List Price By Calculated Sq Ft
183.21
Contract Status Change Date
2026-03-17
Current Price
2200000
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2027-07-31
Minimum Lease
No Minimum
Owner Name
K SQUARED HOLDINGS LLC
Ownership
Fee Simple
Parcel Number
11948000000
Public Survey Township
10
Tax Annual Amount
14435.54
Tax Legal Description
DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
Tax Lot
10
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32601 - Gainesville
Subdivision Name
GAINESVILLE DOIG & ROBERTSON ADD
Listing provided courtesy of STELLAR via IDX. Updated: Mar 18, 2026, 4:23pm.
Adrian Hayes-Santos

Listing Agent

PORTAL REALTY

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