119 NW 11TH ST Active

Gainesville,FL 32601

$ 525000

3 Beds

1 Bath

1240 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $423

Subdivision Browns Add -Moseleys Sub

MLS Listing ID GC524625

Bedrooms 3

Full Baths 1

Year Built 1927

Annual Tax Amount $4,847

Lot Size 7,405 Sqft

Property Description

Development opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3-bedroom, 1-bathroom home offers over 1,200 sqft of living space, screened-in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought-after area!

Location

State FL

County Alachua

Community Browns Add -Moseleys Sub

Zoning U6

Interior

Heating Electric,Natural Gas

Cooling Central Air

Flooring Wood

Fireplaces Type Wood Burning

Laundry Outside

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Street Lights,Water Connected

Roof Type Shingle

Building

Story 1

Foundation Crawlspace

Sewer Public Sewer

Water Public

Structure Type Wood Frame,Wood Siding

New Construction false

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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