640 NE 15TH STREET

This 100'x150' lot is zoned for a single family up to a duplex and possibly a triplex. The lot can likely be split and have a house on each parcel. Located in an up and coming neighborhood, the block has had more new houses built in the last 5 years than there are old houses. Lots are quickly being bought up and built on in this neighborhood which is less than 8 minutes to UF Campus. The city of Gainesville has one of the highest housing shortages in the state and this property makes an excellent investment. As a buy and hold or a buy and build investment this property is sure to make you money as the prices rise dramatically in this area. The county assessed value of this lot has more than doubled in the past three years reflecting the significant regrowth of this area. I am also selling the lot adjacent to this one. They total .74 acres and I would be willing to sell both together. Don’t miss out on this great opportunity to invest in the most affordable pieces of large property in the city! This partially cleared lot is nestled in the historic and up and coming neighborhood of Duval Heights. This property has several 80+ year old pine, Tupelo, and magnolia trees which are conveniently spaced to allow for the placement of a large house or triplex among the serenity and privacy that the trees afford. Great location for future building of a single family home or multiple family dwelling. Located minutes away from Gainesville Regional Airport, Public Library, downtown, Santa Fe downtown campus, and UF, Public Transportation, schools, churches, and restaurants.