Sold for $980,000

$980,000

722, 732, 734 NE 3RD AVENUE, GAINESVILLE, FL 32601

7beds

4baths

7,558sqft

Multi Family

Built in 1930

-- sqft lot

$968,600 Zestimate^®

$130/sqft

$2,317 Estimated rent

Home value

$968,600

$872,000 - $1.08M

$2,317/mo

Zestimate^® history

Owner options

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$2,317/mo

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$2,317/mo

Rent Zestimate^®

Refinance and save

$6,986/mo

Est. payment

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$6,986/mo

Est. payment

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What's special

New roofReal wood floorsLarge spacious yardsUpgraded mini-split systemLots of open spaces

9 units in the Duck Pond for just $133,222 per unit, fully rented through July 30, 2025! Rare opportunity for an investor to come in and capitalize on a great deal. Each property is unique and full of character, and most units have beautiful real wood floors with large spacious yards. 722 NE 3rd Ave has four different 2 bed/1 bath units and a new roof as of September 2023. 732 has two large 2 bed/1 bath units with an upgraded mini-split system, and 734 has three cozy but spacious 1 bed/1 bath units, and was re-piped in 2018. Zoned U-2 allowing 15 units/acre, there are multiple open spaces to build on the .69 acre assemblage of 3 different parcels, creating value-add and upgrade opportunities to build additional unit(s) as well as accessory dwelling units. Just 3.5 blocks from the Sweetwater Branch Inn and a half mile from City Hall, this property is in the heart of Gainesville with so much just blocks away!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Natural Gas, Other

Cooling

Ductless, Wall/Window Unit(s)

Appliances

Laundry: Laundry Room, Other

Features

Ceiling Fan(s)
Has fireplace: Yes

Interior area

Total interior livable area: 7,558 sqft

Property

Features

Exterior features: Lighting, Other

Lot

Size: 0.69 Acres

Details

Additional parcels included: 11878-000-000, 11878-001-000
Parcel number: 11877000000
Zoning: U-2
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Concrete, Wood Frame, Wood Siding
Foundation: Slab
Roof: Metal,Shingle

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: DOIG & ROBERTSON

HOA

Has HOA: No

Location

Region: Gainesville

Financial & listing details

Price per square foot: $130/sqft
Annual tax amount: $13,730
Date on market: 7/9/2024
Cumulative days on market: 163 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt, Dirt

Price history

Date	Event	Price
1/19/2025	Sold	$980,000-10.8%$130/sqft
Source: Stellar MLS #GC523600 Report a problem
12/24/2024	Pending sale	$1,099,000$145/sqft
Source: Stellar MLS #GC523600 Report a problem
12/1/2024	Listed for sale	$1,099,000-8.3%$145/sqft
Source: Stellar MLS #GC523600 Report a problem
8/20/2024	Listing removed	$1,199,000$159/sqft
Source: Stellar MLS #GC523600 Report a problem
7/10/2024	Listed for sale	$1,199,000$159/sqft
Source: Stellar MLS #GC523600 Report a problem