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119 NW 11th St
For Sale $525,000 ($423.39 per Sq Ft)
$525,000 ($423.39 per Sq Ft)
- 3 Bedrooms
- 1 Bathrooms
- 1,240 Sq Ft
- 7,405 Sq Ft
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $525,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,240 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 13980000000 |
| MLS # | GC524625 |
| Property ID | 314378027 |
| Lot Sqft | 7,405 |
| Zoning | U6 |
| Days on Market | 129 |
| Original List Price | $525,000 |
| Applicances | Dishwasher, Microwave, Range, Refrigerator% |
| Date Updated | October 23, 2024 |
| Date Created | August 28, 2024 |
Listing Provided By
Angelina Ballatore an agent of BHHS FLORIDA REALTY. Lic #3349870
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of October 23, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT