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1618 NW 4th Ave
For Sale $749,000 ($463.49 per Sq Ft)
$749,000 ($463.49 per Sq Ft)
- 4 Bedrooms
- 3 Bathrooms
- 1,616 Sq Ft
- 12,632 Sq Ft
Description
Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.
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 | $749,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,616 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1949 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 14950000000 |
| MLS # | GC535993 |
| Property ID | 319675850 |
| Lot Sqft | 12,632 |
| Zoning | RMU |
| Total Units | 3 |
| Days on Market | 51 |
| Original List Price | $749,000 |
| Date Updated | December 12, 2025 |
| Date Created | December 11, 2025 |
Listing Provided By
Benjamin Burkley an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 12, 2025 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.
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Robert Crawford
REAL ESTATE AGENT