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1113 NW 5TH AVENUE

Lots/Land Recently Sold
$165,000

BTC: 2.57360390

ETH: 86.72160787

Sold on: 2026-07-08
New
0 room(s)

Overview

Outstanding infill development opportunity just five blocks from the University of Florida. This 0.14-acre vacant lot is located in one of Gainesville's most active redevelopment corridors and is surrounded by several of the area's premier student housing communities, placing it in the heart of a proven rental and investment market. Zoned U-6 (Urban 6), the property offers significant flexibility for developers and investors seeking to capitalize on continued demand for housing and mixed-use development near campus. U-6 zoning permits a variety of residential, commercial, and mixed-use uses, with residential densities of up to 50 dwelling units per acre, allowing for efficient land utilization in a highly walkable urban environment. With limited undeveloped land remaining near UF, opportunities to acquire well-located infill sites of this nature are becoming increasingly scarce. The property's proximity to campus, major employment centers, retail, dining, and public transportation enhances its appeal for future residents and supports strong long-term market fundamentals. Whether incorporated into a student housing strategy, boutique multifamily project, mixed-use concept, or long-term land investment, this parcel offers the location, zoning flexibility, and development potential that sophisticated investors seek. Rarely does a site this close to the University of Florida become available with such compelling redevelopment prospects.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.14 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$90,000
$78K – $164K
Confidence Low
List vs. estimate
$75K above estimate
List $165,000 · +83.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,160
2025
All facts and features
  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 13919000000

    • Zoning: U6

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $1,160

  • Source details

    • MLS ID: GC540950

    Other facts

    • Lot Features: Cleared

    • Water Source: Public

    • Lot Size Dimensions: 42 x 145

    • Subdivision Name: BROWNS ADD TO GV

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MAISON