119 NW 11TH ST Active

Gainesville,FL 32601

$ 525000

3 Beds

1 Bath

1240 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,240 sqft

Price per Sqft $423

Subdivision Browns Add -Moseleys Sub

MLS Listing ID GC524625

Bedrooms 3

Full Baths 1

HOA Y/N No

Originating Board Stellar MLS

Year Built 1927

Annual Tax Amount $4,847

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 58x130

Property Description

Development opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3-bedroom, 1-bathroom home offers over 1,200 sqft of living space, screened-in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought-after area!

Location

State FL

County Alachua

Community Browns Add -Moseleys Sub

Zoning U6

Interior

Interior Features Ceiling Fans(s),Primary Bedroom Main Floor,Thermostat

Heating Electric,Natural Gas

Cooling Central Air

Flooring Wood

Fireplaces Type Wood Burning

Fireplace true

Appliance Dishwasher,Microwave,Range,Refrigerator

Laundry Outside

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Street Lights,Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame,Wood Siding

New Construction false

Schools

Elementary Schools Carolyn Beatrice Parker Elementary

Middle Schools Westwood Middle School-Al

High Schools Gainesville High School-Al

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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