1203 NW 12th Ave
Gainesville, FL 32601
2 Beds
1 Bath
3,006 Sq Ft
290 Days on Market
For Sale $719,000
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Courtesy of BROXSON REAL ESTATE GROUP

Listing Agent & Comments

Mark KjesethBROXSON REAL ESTATE GROUP
352-949-6677mark@broxsonrealty.com License #3495284
Price Improvement! Are you ready to embark on your own STR income journey with a turnkey property and established repeat customers?!! This is your chance!! Unique Multi-Family Property with Development Potential | 4 Units in a Triplex Designation | Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi-family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income-producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential – offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year-over-year income growth, with a net income of approximately $50,000 in 2023. 2024 is projected to exceed that figure. Layout & Features: Unit A: 1 bedroom, 1 bathroom apartment with dual entrances to the kitchen and living room. Unit B: 2 bedroom, 2 bathroom apartment with upgraded features. Unit C: Flexible configuration—currently divided into two 1 bedroom, 1 bathroom apartments (upper and lower levels) with separate entrances. Can be converted back to a 2 bedroom, 2 bathroom unit. Features French doors leading to a private back area. Utilities: Three separate GRU electrical meters for Units A, B and C. Water and Sewer for all units are on Unit C's GRU bill. Upgrades: New roof, electrical, and HVAC systems installed in 2019. Amenities: Three sheds on the property—one large and two smaller ones—plus extremely tall privacy fencing that surrounds half of the property. Rental Performance: Excellent short-term rental occupancy due to its prime location and updated amenities. This property is not only an immediate income generator but also a fantastic long-term investment with development potential. Whether you’re looking to expand your portfolio, capitalize on the booming rental market, or explore future development opportunities, this property offers it all. Don’t miss out on this exceptional investment in a high-demand area! Call me for a private showing!

MLS# MFRGC524845 • Data provided by StellarMLS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area3,006 Sq.Ft.
Lot Size9,696 Sq.Ft.
Total Rooms--
Bedrooms2
Bathrooms1
Stories2
Year Built1941
Property TypeMultifamily
ZoningU4
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,864
Property in Flood Zone--
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1203 NW 12th Ave., Gainesville, FL 32601

Multifamily
2 Beds
1 Bath
3,006 Sq Ft
290 Days on Market

Listing Agent & Comments

Mark KjesethBROXSON REAL ESTATE GROUP
352-949-6677mark@broxsonrealty.com License #3495284
Price Improvement! Are you ready to embark on your own STR income journey with a turnkey property and established repeat customers?!! This is your chance!! Unique Multi-Family Property with Development Potential | 4 Units in a Triplex Designation | Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi-family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income-producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential – offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year-over-year income growth, with a net income of approximately $50,000 in 2023. 2024 is projected to exceed that figure. Layout & Features: Unit A: 1 bedroom, 1 bathroom apartment with dual entrances to the kitchen and living room. Unit B: 2 bedroom, 2 bathroom apartment with upgraded features. Unit C: Flexible configuration—currently divided into two 1 bedroom, 1 bathroom apartments (upper and lower levels) with separate entrances. Can be converted back to a 2 bedroom, 2 bathroom unit. Features French doors leading to a private back area. Utilities: Three separate GRU electrical meters for Units A, B and C. Water and Sewer for all units are on Unit C's GRU bill. Upgrades: New roof, electrical, and HVAC systems installed in 2019. Amenities: Three sheds on the property—one large and two smaller ones—plus extremely tall privacy fencing that surrounds half of the property. Rental Performance: Excellent short-term rental occupancy due to its prime location and updated amenities. This property is not only an immediate income generator but also a fantastic long-term investment with development potential. Whether you’re looking to expand your portfolio, capitalize on the booming rental market, or explore future development opportunities, this property offers it all. Don’t miss out on this exceptional investment in a high-demand area! Call me for a private showing!

MLS# MFRGC524845 • Data provided by StellarMLS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area3,006 Sq.Ft.
Lot Size9,696 Sq.Ft.
Total Rooms--
Bedrooms2
Bathrooms1
Stories2
Year Built1941
Property TypeMultifamily
ZoningU4
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,864
Property in Flood Zone--
This property is missing data for:
Comparable properties, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $719,000
Get_PreApproved_Property_Details
Save
Courtesy of BROXSON REAL ESTATE GROUP
1203 NW 12th Ave
Gainesville, FL 32601
2 Beds
1 Bath
3,006 Sq Ft
290 Days on Market

Listing Agent & Comments

Mark KjesethBROXSON REAL ESTATE GROUP
352-949-6677mark@broxsonrealty.com License #3495284
Price Improvement! Are you ready to embark on your own STR income journey with a turnkey property and established repeat customers?!! This is your chance!! Unique Multi-Family Property with Development Potential | 4 Units in a Triplex Designation | Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi-family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income-producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential – offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year-over-year income growth, with a net income of approximately $50,000 in 2023. 2024 is projected to exceed that figure. Layout & Features: Unit A: 1 bedroom, 1 bathroom apartment with dual entrances to the kitchen and living room. Unit B: 2 bedroom, 2 bathroom apartment with upgraded features. Unit C: Flexible configuration—currently divided into two 1 bedroom, 1 bathroom apartments (upper and lower levels) with separate entrances. Can be converted back to a 2 bedroom, 2 bathroom unit. Features French doors leading to a private back area. Utilities: Three separate GRU electrical meters for Units A, B and C. Water and Sewer for all units are on Unit C's GRU bill. Upgrades: New roof, electrical, and HVAC systems installed in 2019. Amenities: Three sheds on the property—one large and two smaller ones—plus extremely tall privacy fencing that surrounds half of the property. Rental Performance: Excellent short-term rental occupancy due to its prime location and updated amenities. This property is not only an immediate income generator but also a fantastic long-term investment with development potential. Whether you’re looking to expand your portfolio, capitalize on the booming rental market, or explore future development opportunities, this property offers it all. Don’t miss out on this exceptional investment in a high-demand area! Call me for a private showing!

MLS# MFRGC524845 • Data provided by StellarMLS as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Additional home details
Living Area3,006 Sq.Ft.
Lot Size9,696 Sq.Ft.
Total Rooms--
Bedrooms2
Bathrooms1
Stories2
Year Built1941
Property TypeMultifamily
ZoningU4
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,864
Property in Flood Zone--
This property is missing data for:
Comparable properties, forecast, and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $719,000
Get_PreApproved_Property_Details
Save
Courtesy of BROXSON REAL ESTATE GROUP