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Sold for $2,567,530
  • $2,567,530

    1022 SW 1st Ave, Gainesville, FL 32601

    20beds
    14baths
    7,966sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $2,497,200 Zestimate®
    $322/sqft
    $1,201 Estimated rent

    Home value

    $2,497,200

    $2.27M - $2.75M

    $1,201/mo

    Zestimate® history
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    $1,201/mo

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    $18,236/mo

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    $18,236/mo

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    What's special

    Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.

    Zillow last checked:

    Listing updated:

    Listed by:

    Beau Beery 352-871-8324,

    BRG REALTY VENTURES 352-871-8324

    Bought with:

    Sage Alfonso, 3476286

    BOSSHARDT REALTY SERVICES LLC

    Source: Stellar MLS,MLS#: R4909329MLS LogoOriginating MLS: Other

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 14
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 7,966 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 8,023 Square Feet
    Details
    • Additional parcels included: 13222 010 002, 13222 010 003, 13222 010 004, 13222 010 005, 13222 010 006
    • Parcel number: 13222010001
    • Zoning: U5
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Other
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BRICK HOUSE
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $322/sqft
    • Tax assessed value: $100
    • Annual tax amount: $21,136
    • Date on market: 5/12/2025
    • Cumulative days on market: 65 days
    • Listing terms: Cash,Conventional,Other
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/11/2025Sold$2,567,530-4.9%$322/sqft
    Source: Stellar MLS #R4909329 Report a problem
    7/16/2025Pending sale$2,700,000$339/sqft
    Source: Stellar MLS #R4909329 Report a problem
    5/12/2025Listed for sale$2,700,000+1073.9%$339/sqft
    Source: Stellar MLS #R4909329 Report a problem
    4/18/2008Sold$230,000+2.2%$29/sqft
    Source: Public Record Report a problem
    12/9/2004Sold$225,000-6.3%$28/sqft
    Source: Public Record Report a problem
    9/9/2004Sold$240,000+29.1%$30/sqft
    Source: Public Record Report a problem
    12/7/2000Sold$185,900$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$139 +407.4%$100
    2024$27 -0.1%$100
    2023$27 -83.4%$100
    2022$166 0%$100
    2021$166 -95.4%$100 -99.9%
    2020$3,563 -2.7%$154,800
    2019$3,663 $154,800
    2018$3,663 +4.8%$154,800
    2017$3,496 -2.6%$154,800 +4.9%
    2016$3,588 +2.4%$147,500
    2015$3,503 -2%$147,500
    2014$3,575 -0.8%$147,500
    2013$3,604 $147,500
    2012-- $147,500
    2011-- $147,500 -10%
    2010-- $163,900
    2009-- $163,900
    2008-- $163,900 -12%
    2007-- $186,200
    2006-- $186,200
    2005-- $186,200
    Find assessor info on the county website

    Neighborhood: University Place

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,497,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,497,200