Fantastic opportunity to purchase this charming three-bedroom, one-bathroom home situated in the heart of Grove Street in Gainesville, FL. Currently rented at $1,650 per month, this property offers immediate income potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits that’s purpose is to promote development so credits are given to reduce some permitting fees. The home features three bedrooms, one bathroom, spacious fenced-in backyard and is zoned U3 (Urban 3), which allows residential and non-residential uses. Ranging from Mulit-family (2-4 units per building), bed and breakfast establishment, day care center (special use permit approval), public park and more! U3 allows up to 20 units per acre and buildings up to three stories high. This prime location is blocks to local attractions, such as the Hawthorne Trail, Grove Street Farmers Market, multiple gyms, The Afternoon Restaurant, yoga studios, and Cypress & Grove Brewery. Plus downtown Gainesville is just one mile away. The University of Florida and Shands Hospital is a short 1.7 miles away, and 1.7 miles to Depot Park. The property is also just half a mile from a Publix shopping center, Gainesville's Classic Mac's Drive-Thru, and 0.8 miles to Tom Petty Park. This is an ideal location where owning a car is not a necessity.
Sold for $188,500
Zillow last checked:
Listing updated:
Bought with:
Dada McGlynn, 3112603
RE/MAX PROFESSIONALS
Source: Stellar MLS,MLS#: GC522507
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Listing removed | $1,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $1,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2024 | Sold | $188,500-9.8%$214/sqft |
Source:  Stellar MLS #GC522507 Report a problem | ||
| 10/23/2024 | Pending sale | $209,000$238/sqft |
Source: Stellar MLS #GC522507 Report a problem | ||
| 7/13/2024 | Listed for sale | $209,000$238/sqft |
Source: Stellar MLS #GC522507 Report a problem | ||
| 7/2/2024 | Pending sale | $209,000$238/sqft |
Source: Stellar MLS #GC522507 Report a problem | ||
| 6/10/2024 | Listed for sale | $209,000-7.9%$238/sqft |
Source: Stellar MLS #GC522507 Report a problem | ||
| 5/1/2024 | Listing removed | -- |
Source: Stellar MLS #GC517286 Report a problem | ||
| 2/5/2024 | Price change | $227,000-8.1%$258/sqft |
Source: Stellar MLS #GC517286 Report a problem | ||
| 11/2/2023 | Listed for sale | $247,000+41.1%$281/sqft |
Source: Stellar MLS #GC517286 Report a problem | ||
| 5/2/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 4/26/2022 | Price change | $1,650+10%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 4/16/2022 | Listed for rent | $1,500+7.1%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/10/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 2/16/2022 | Listed for rent | $1,400+9.8%$2/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 12/1/2021 | Listing removed | -- |
Source: Stellar MLS #GC445218 Report a problem | ||
| 6/7/2021 | Listed for sale | $175,000+250%$199/sqft |
Source:  GACAR #445218 Report a problem | ||
| 11/21/2020 | Listing removed | $1,275$1/sqft |
Source: Alligator Realty, Inc. Report a problem | ||
| 11/10/2020 | Listed for rent | $1,275+2%$1/sqft |
Source: Alligator Realty, Inc. Report a problem | ||
| 6/2/2020 | Listing removed | $1,250$1/sqft |
Source: Alligator Realty, Inc. Report a problem | ||
| 5/26/2020 | Listed for rent | $1,250$1/sqft |
Source: Alligator Realty, Inc. Report a problem | ||
| 3/30/2016 | Sold | $50,000+16.3%$57/sqft |
Source: Public Record Report a problem | ||
| 11/4/2015 | Sold | $43,000-49.4%$49/sqft |
Source: Public Record Report a problem | ||
| 9/30/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 12/29/2004 | Sold | $85,000+23.2%$97/sqft |
Source: Public Record Report a problem | ||
| 12/18/2003 | Sold | $69,000$78/sqft |
Source: Public Record Report a problem | ||
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Estimated market value
$204,200
