1203 NW 12th Avenue, GAINESVILLE, FL 32601

Local realty services provided by:ERA American Suncoast
#1#2#3
1203 NW 12th Avenue,GAINESVILLE, FL 32601
$679,000
  • 5 Beds
  • 5 Baths
  • 3,006 sq. ft.
  • Multi-family
  • Active
Listed by:mark kjeseth
Office:broxson real estate group
MLS#:GC524845
Source:MFRMLS

Price summary

  • Price:$679,000
  • Price per sq. ft.:$225.88

About this home

Price Improvement! Are you ready to embark on your own STR income journey with a turnkey property and established repeat customers?!! This is your chance!! Unique Multi-Family Property with Development Potential | 4 Units in a Triplex Designation | Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi-family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income-producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential – offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year-over-year income growth, with a net income of approximately $50,000 in 2023. 2024 is projected to exceed that

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Home facts

  • Year built:1941
  • Listing Id #:GC524845
  • Added:347 day(s) ago
  • Updated:August 14, 2025 at 11:52 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:3,006 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1941
  • Building area:3,006 sq. ft.
  • Lot area:0.22 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$679,000
  • Price per sq. ft.:$225.88
  • Tax amount:$3,192 (2023)
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