534 NW 7th Ter - Commercial LAND FOR SALE


Gainesville, FL 32601- Midtown Gainesville9,583 SF
$325,000 USD
352-219-2879
534 NW 7th Ter, Gainesville, FL for Sale
$325,000 USD
Commercial LAND - FOR SALE
1/13
9,583 SF

534 NW 7th Ter
Gainesville, FL 32601
Midtown Gainesville


HIGHLIGHTS

  • Double-lot
  • Partially cleared
  • Electricity, Water, and Sewer Available
  • 1 Mile from University of Florida, less than 2 Miles from UF Health/Shands Hospital

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/ACRE

$1,477,273/AC

PRICE/SF

$34 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

534 & 580 NW 7th Terrace

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Single Family Residence

LAND ACRES

0.22 AC

LAND SF

9,583 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

Residential

APN/PARCEL ID

13578-000-000

ASK ABOUT THIS PROPERTY

Eric LeightmanUniversity RealtyMore Info
352-219-2879

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Eric LeightmanUniversity RealtyMore Info
352-219-2879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.