534 & 580 Nw 7th Terrace, Gainesville, FL 32601

$325,000

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List Price
$325,000
Status
Active
Days on Market
345
Price Change
▼ $25,000 1773947205
MLS#
GC533379
Lot Size
9,472
Acres
0.22
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Pleasant Street
MLS Area Major
Gainesville

Property Description

GREAT NEW PRICE! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!

Additional Information

Taxes
$1489
Location
Buildable, Cleared, Corner Lot, Paved, Wooded
Community Features
No Deed Restriction
Zoning
RC
Utilities
Electricity Available, Sewer Available, Water Available
Pool
No Pool
Flood Zone Code
X
Parcel ID
13578-000-000
Legal Description
Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.

Listing courtesy of UNIVERSITY REALTY. 352-327-9500

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