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119 NW 11TH STREET

House For Sale
$525,000

BTC: 5.33259551

ETH: 156.25000000

116 days
3 bds
1 ba
1,240 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1927
Lot:
0.17 Acres
Heating:
Electric / Natural Gas
Price/sqft:
$423
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Electric

    • Natural Gas

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 13980000000

    • Zoning: U6

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,848

  • Source details

    • MLS ID: GC524625

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Crawlspace

    • Fireplace Features: Wood Burning

    • Laundry Features: Outside

    • Window Features: Blinds

    • Direction Faces: West

    • Fireplace: Yes

    • Living Area: 1240

    • Water Source: Public

    • Lot Size Dimensions: 58 x 130

    • Subdivision Name: BROWNS ADD -MOSELEYS SUB

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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 ©2024-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: BHHS FLORIDA REALTY