1618 Northwest 4th Avenue

Gainesville FL 32603

1616 sq. ft.

12632 sq. ft.

Duplex

Last sold for $600,000

Ben Burkley, last sold this property on 31 May 2026 after 1677 days on market.

Overview

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.

Features

4 bedrooms

3 bathrooms

1616 sq. ft. floor area

12632 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar 4 bedroom duplexes sold in Gainesville over the last 12 months.

Property history for 1618 Northwest 4th Avenue

2026

Sold

$600,000

31 May 2026 by Ben Burkley, of MAISON

2023

Rented

Undisclosed

21 Aug 2023 by Florida Homes Realty & Mtg LLC

Happy sellers in Gainesville

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