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1618 NW 4TH AVENUE

Multi-family For Sale
$749,000

BTC: 8.23076923

ETH: 374.50000000

3 days
4 bds
1,616 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Zoned Multi-Family High Density (U-5), this site offers a rare infill development opportunity with direct access off University Avenue between NW 15th Street and NW 17th Street. The site currently operates as a fully leased triplex, providing immediate in-place cash flow while an investor evaluates redevelopment or densification options. The configuration of the parcel provides potential for a clean lot split, offering flexibility for phased construction or multiple development outcomes. Located just four blocks from the University of Florida’s main campus—and only minutes from Ben Hill Griffin Stadium—this location sits at the core of student demand and walkability. The land is level, functional, and ready for new construction, making it ideally suited for high-density multifamily or student housing expansion. Seller has a strong preference for owner financing, creating an attractive structure for investors seeking flexible terms and reduced upfront capital requirements. Exceptional development potential this close to campus is increasingly scarce, and opportunities like this rarely reach the market.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1949
Lot:
0.29 Acres
Heating:
Other
Price/sqft:
$463
Cooling:
Other
HOA:
No Data
All facts and features
  • Heating

    • Other

    Cooling

    • Other

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 14950000000

    • Zoning: RMU

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $9,416

  • Source details

    • MLS ID: GC535993

    Other facts

    • Construction Materials: Block

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Outside

    • Living Area: 1616

    • Water Source: Public

    • Subdivision Name: N/A

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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 ©2025-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