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20420 NW 243RD DRIVE

Commercial For Sale
$2,650,000

BTC: 40.70035325

ETH: 1,392.80158096

3 days
0 room(s)
21,499 sqft

Overview

This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #

Location

Florida • HIGH SPRINGS • 32643 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1983
Lot:
6.00 Acres
Heating:
Central
Price/sqft:
$123
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$43,053
2025
All facts and features

  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Refrigerator

  • Lot

    • Lot: 6.00 Acres

    Other Property Information

    • Parcel Number: 00217001000

    • Zoning: C3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $43,054

  • Source details

    • MLS ID: GC541957

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Lot Features: Cul-De-Sac

    • Living Area: 21499

    • Water Source: Public

    • Subdivision Name: HAMILTON ESTATE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$2,064,650
Lots/Land
24.29 acres
NOT IN SUBDIVISION, ALACHUA
TBD HIGHWAY 441

Market around this address

Live counts in the same area.
View all
This zip
32643
110
median $342K
Active
Same city
HIGH SPRINGS
109
median $334K
Active
Same type
Commercial
7
median $349K
Active
Similar price
$1.9M – $3.4M
1
median $2.6M
Active

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: THE MULTIFAMILY ADVISORS