
Residential Land for Sale in Gainesville, Florida
534 & 580 NW 7th Ter, Gainesville, FL 32601
$30k Reduction!! 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!
Location
- Street address
- 534 & 580 NW 7th Ter
- County
- Alachua County
- Community
- Pleasant Street
- Elevation
- 172 feet
Directions
From University Avenue, head north on NW 6th Street, then turn left on NW 5th Avenue. Go two blocks and turn right on NW 7th Terrace. Properties are ahead on the left.
Property details
- Lot size
- 0.22 acres9,583 sq ft
- Zoning
- RC
- MLS #
- MFRMLS GC533379
- Posted
Property taxes
- 2024
- $1,489
Parcels
- 13578-000-000
Legal description
Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.
Resources
Details and features
Listing
- Type
- Land
Exterior
- Features
- Corner Lot, Paved
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2025 | Price drop | $350,000 | $30,000 -7.9% | MFRMLS |
| Aug 18, 2025 | New listing | $380,000 | — | MFRMLS |













