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Residential Land for Sale in Gainesville, Florida

534 & 580 NW 7th Ter, Gainesville, FL 32601

$350,000
0.22 acres
Active
$30k drop
Est $2,513/mo

$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
Community
Pleasant Street
Elevation
172 feet
Coordinates
29.6563, -82.3325

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

Resources

Details and features

Listing

Type
Land

Exterior

Features
Corner Lot, Paved

Listing history

DateEventPriceChangeSource
Oct 21, 2025Price drop$350,000$30,000 -7.9%MFRMLS
Aug 18, 2025New listing$380,000MFRMLS
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This 0.22-acre property is located at 534 & 580 NW 7th Ter in Gainesville, FL 32601. The property is available for sale for $350,000.

Checked 59 mins ago — Updated

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