1113 NW 5TH AVE, Gainesville, FL 32601

$165,000

$165,000

Est.Price: ?

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Est. payment /mo

6,098 Sqft Lot


SOLD DATE : 07/08/2026

Key Details

Sold Price $165,000

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Subdivision Browns Add To Gv

MLS Listing ID GC540950

Sold Date 07/08/26

HOA Y/N No

Annual Tax Amount $1,160

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 42 x 145

Property Sub-Type Residential

Source Stellar MLS

Property Description

Outstanding infill development opportunity just five blocks from the University of Florida. This 0.14-acre vacant lot is located in one of Gainesville's most active redevelopment corridors and is surrounded by several of the area's premier student housing communities, placing it in the heart of a proven rental and investment market.

Zoned U-6 (Urban 6), the property offers significant flexibility for developers and investors seeking to capitalize on continued demand for housing and mixed-use development near campus. U-6 zoning permits a variety of residential, commercial, and mixed-use uses, with residential densities of up to 50 dwelling units per acre, allowing for efficient land utilization in a highly walkable urban environment.

With limited undeveloped land remaining near UF, opportunities to acquire well-located infill sites of this nature are becoming increasingly scarce. The property's proximity to campus, major employment centers, retail, dining, and public transportation enhances its appeal for future residents and supports strong long-term market fundamentals.

Whether incorporated into a student housing strategy, boutique multifamily project, mixed-use concept, or long-term land investment, this parcel offers the location, zoning flexibility, and development potential that sophisticated investors seek. Rarely does a site this close to the University of Florida become available with such compelling redevelopment prospects.

Location

State FL

County Alachua

Community Browns Add To Gv

Area 32601 - Gainesville

Zoning U6

Exterior

Utilities Available Electricity Available, Sewer Available, Water Available

Water Access No

Building

Lot Description Cleared

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by Benjamin Burkley MAISON
Bought with Megan Atwater REAL BROKER, LLC
Nearby Locations
Holly Grate

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