$2,850,000

3811 SW 34th Street

Gainesville FL, 32608

Description

This may be considered a unicorn multifamily development parcel, one of the last of its kind in this good of a location. It is suitable for conventional or student housing, has very high visibility with trip counts over 35,000 (in front of property), and is already entitled for more 200 units. It is located less than one mile from the southwestern corner of the University of Florida campus and less than a half mile from Butler Plaza, and about two miles from Celebration Pointe. The property is already fully entitled with MU-1 Zoning, allowing 30 units/acre as well as up to 100,000 SF of commercial space with dozens of different uses permitted. This is a very well established location for apartments. The area offers a healthy mix of conventional and student housing. And because of its proximity to UF and Shands Hospitals, the VA and Postal Service headquarters, and thousands of jobs in retail and more, this location ensures success.

Details

MLS#435824
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site15

Features

ZoningMU-1
Acreage8.25

Market Activity 32608

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Area Information

StateFL
CountyAlachua
CityGainesville
Zip Code32608
AreaAlachua
Listing VS Median (in 32608)
Price:
$2,850,000
low | high
Med:
$175,000
100% of Average
On Site:
15
low | high
Med:
1016
2% of Average
Listing Updated: 07/09/2020
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