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1618 NW 4th Avenue, 
Gainesville, FL 32603

$699,000


4

Beds


3

Baths


1,616

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Benjamin Burkley

Maison

Last updated:

May 15, 2026, 07:55 AM

MLS#

GC535993

Source:

MFRMLS

About This Home

1618 NW 4th Avenue

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1949

Price Summary

699,000

$432 per Sq. Ft.

MLS #:

GC535993

Last Updated:

May 15, 2026, 07:55 AM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

1,616 Sq. Ft.


Structure

Structure

Building Area:

1,616 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

12,632


Finances & Disclosures

Finances

Price:

$699,000

Price per Sq. Ft:

$432 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.