University Village is a premier 12-unit mixed-use investment opportunity in Gainesville’s Historic Duckpond neighborhood, situated on 1.6 acres just five minutes from the University of Florida. Offered at $2.2 million, the property features flexible mixed-use zoning allows for up to 29 units across the assemblage, with surplus land supporting meaningful future infill expansion. Positioned on a signalized corner with approximately 200 feet of frontage along University Avenue, the property offers exceptional visibility and access. The asset features 11 well-maintained residential units and a professionally finished 1,807-square-foot commercial office building, delivering stable in-place cash flow while preserving additional undeveloped acreage for future expansion. With seller financing available to qualified buyers, the combination of existing income and future density potential makes University Village one of the most compelling investment opportunities in the Gainesville market. Total heated Sq ft of all structures: 12,008 ($183 per Sq Ft. @ asking price) Addresses, Unit mix, & Tax Parcels as follows: 834 E UNIVERSITY AVE (front) vacant office 2/1. (Back/Studio) 1/1 ,Parcel# 11949-000-000 824 E UNIVERSITY AVE Unit A (Front) 2/1, Unit B (Back) 1/1, Unit C (upstairs) 4/1. Back Quadplex all units 1/1, Parcel#: 11948-000-000, 100 NE 9TH ST Unit (A) 3/1, Unit (B) 3/1, Parcel#: 11947-000-000 108 NE 9th ST. 3/2. Parcel#:11944-000-000
For sale
$2,200,000
824 E University Ave, Gainesville, FL 32601
19beds
12,008sqft
Single Family Residence
Built in 1947
1.6 Acres Lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Well-maintained residential unitsExceptional visibility and access
- 127 days |
- 938 |
- 25 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Adrian Hayes-Santos 352-514-3191,
PORTAL REALTY 352-871-5864,
Teresa Callen 352-871-5865,
PORTAL REALTY
Source: Stellar MLS,MLS#: GC538545
Originating MLS: Gainesville-Alachua
Originating MLS: Gainesville-Alachua
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 19
- Bathrooms: 12
- Full bathrooms: 12
Primary bedroom
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Heat Pump, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Washer
- Laundry: Other
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, In Wall Pest System, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
- Flooring: Tile, Hardwood
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 12,008
- Total interior livable area: 12,008 sqft
Video & virtual tour
Property
Features
- Levels: Multi/Split
- Exterior features: Balcony, Courtyard, Lighting, Sidewalk, Storage
- Fencing: Wood
Lot
- Size: 1.6 Acres
Details
- Additional parcels included: 11949-000-000, 11947-000-000, 11944-000-000
- Parcel number: 11948000000
- Zoning: MU1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: GAINESVILLE DOIG & ROBERTSON ADD
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $834,152
- Annual tax amount: $14,435
- Date on market: 3/17/2026
- Cumulative days on market: 122 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,656/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $2,200,000$183/sqft |
Source:  Stellar MLS #GC538545 Report a problem | ||
| 6/20/2023 | Listing removed | -- |
Source: Stellar MLS #GC512232 Report a problem | ||
| 3/29/2023 | Listed for sale | $2,200,000$183/sqft |
Source: Stellar MLS #GC512232 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,436 +8.6% | $528,126 +10% |
| 2024 | $13,297 +25.9% | $480,114 +10% |
| 2023 | $10,559 +3.5% | $436,468 -0.3% |
| 2022 | $10,200 +4.6% | $437,788 +8.6% |
| 2021 | $9,753 +8.9% | $403,232 +8.4% |
| 2020 | $8,952 -2.9% | $371,817 -0.7% |
| 2019 | $9,215 | $374,403 -1.3% |
| 2018 | $9,215 +4.2% | $379,500 +1.7% |
| 2017 | $8,845 -1% | $373,300 -0.7% |
| 2016 | $8,932 -1.5% | $375,900 -4.4% |
| 2015 | $9,072 -6.1% | $393,000 -0.4% |
| 2014 | $9,658 | $394,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Duckpond
Nearby schools
GreatSchools rating
- 2/10W. A. Metcalfe Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 2 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 3.4 mi
- $--1 bd1 ba850 sqft824 E University Ave #3, Gainesville, FL 32601Off Market
- $--4 bd1 ba1.6k sqft824 E University Ave #11544769, Gainesville, FL 32601Off Market
- $--1 bd1 ba547 sqft824 E University Ave #11544772, Gainesville, FL 32601Off Market
- $--1 bd1 ba591 sqft824 E University Ave #11544239, Gainesville, FL 32601Off Market
- $--1 bd1 ba550 sqft824 E University Ave #2, Gainesville, FL 32601Off Market
- $--1 bd1 ba547 sqft824 E University Ave #B, Gainesville, FL 32601Off Market
- $--1 bd1 ba591 sqft824 E University Ave #1, Gainesville, FL 32601Off Market
- $--4 bd1 ba1.6k sqft824 E University Ave #C, Gainesville, FL 32601Off Market
A local agent can set up tours, give advice and negotiate with sellers.
