
Improved Mixed-Use Land for Sale in Gainesville, Florida
824 E University Ave, Gainesville, FL 32601
University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida.
Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion.
Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access.
The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion.
With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000
Location
- Street address
- 824 E University Ave
- County
- Alachua County
- Community
- Gainesville Doig & Robertson Add
- Elevation
- 166 feet
Directions
NE corner of E University Ave and NE 9th Street
Property details
- Acreage
- 1.6 acres
- Zoning
- MU1
- MLS #
- MFRMLS GC538545
- Posted
Property taxes
- 2025
- $14,436
Parcels
- 11948-000-000
Legal description
DOIG/ROBERTSON ADD DB N-486 W 85 FT OF LOT 10 & S 6 FT OF W 50 FT OF E 115 FT OF LOT 10 & W 35 FT OF LOT 11 & E 98 FT OF LOT 12 BK 2 RG 2 OR 4337/2489
Resources
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Fencing
- Fenced
- Structures
- Storage
- Features
- Balcony, Courtyard, Fencing, Lighting, Sidewalk
Structure
- Heating
- Fireplace(s), Heat Pump, Natural Gas
- Cooling
- Central Air
- Materials
- Frame
- Roof
- Shingle
Interior
- Room Count
- 4
- Rooms
- Bathroom x 5, Bedroom x 5, Kitchen, Living Room
- Flooring
- Tile, Wood
- Fireplaces
- Yes
- Appliances
- Range
- Features
- Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 17, 2026 | New listing | $2,200,000 | — | MFRMLS |













