734 Northeast 3rd Avenue

Gainesville, FL 32601

$1,199,000
Price
15
Beds
7,558 Sq. Ft.
$159 / Sq. Ft.
7,558
Sq. Ft.
$159
per Sq. Ft.

Description

9 units in the Duck Pond for just $133,222 per unit, fully rented through July 30, 2025! Rare opportunity for an investor to come in and capitalize on a great deal. Each property is unique and full of character, and most units have beautiful real wood floors with large spacious yards. 722 NE 3rd Ave has four different 2 bed/1 bath units and a new roof as of September 2023. 732 has two large 2 bed/1 bath units with an upgraded mini-split system, and 734 has three cozy but spacious 1 bed/1 bath units,...9 units in the Duck Pond for just $133,222 per unit, fully rented through July 30, 2025! Rare opportunity for an investor to come in and capitalize on a great deal. Each property is unique and full of character, and most units have beautiful real wood floors with large spacious yards. 722 NE 3rd Ave has four different 2 bed/1 bath units and a new roof as of September 2023. 732 has two large 2 bed/1 bath units with an upgraded mini-split system, and 734 has three cozy but spacious 1 bed/1 bath units, and was re-piped in 2018. Zoned U-2 allowing 15 units/acre, there are multiple open spaces to build on the .69 acre assemblage of 3 different parcels, creating value-add and upgrade opportunities to build additional unit(s) as well as accessory dwelling units. Just 3.5 blocks from the Sweetwater Branch Inn and a half mile from City Hall, this property is in the heart of Gainesville with so much just blocks away!
  1. Listed by Eric Leightman • UNIVERSITY REALTY
  2. Listed by Tyler Peters • UNIVERSITY REALTY

Property Details for 734 Northeast 3rd Avenue

Subdivision Name
DOIG & ROBERTSON
Township
10
Waterfront
No
LISTING UPDATED: 08/20/2024 04:40 PM

Property Details for 734 Northeast 3rd Avenue

StatusActive
MLS #GC523600
Days on Market119
Taxes$13,730 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1930
Lot Size0.69 AC / 30,055 SF
CountyAlachua County

Building Information for 734 Northeast 3rd Avenue

Stories-Residences9Year Built1930Building Size-Lot Size0.69 AC / 30,055 SF

Property Information for 734 Northeast 3rd Avenue

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Going North on 13th St, Turn right onto NE State Rd 24/W University Ave, Turn left onto NE 7th St, Turn right onto NE 3rd Ave, Property will be on the Left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 722, 732, 734
  • Street Direction Prefix: NE
  • Street Name: 3RD
  • Street Suffix: AVENUE
  • State: FL
  • City: GAINESVILLE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Fee Requirement: None
  • Association: No
  • CDD: No
  • Tax Legal Description: (1) DOIG/ROBERTSON ADD DB N-486 LOT 9 BK 1 RG 1 OR 3970/0552, DOIG & ROBERTSON BLKS 1&2 RGES 1&2, (2) DOIG/ROBERTSON ADD DB N-486 LOT 10 BK 1 RG 1 (LESS THE S 85 FT PER OR 1941/513) OR 3970/0552, (3) THE S 85 FT OF LOT 10 BLK 1 RG 1 OF DOIG & ROBERTSON ADDN TO GAINESVILLE DB N-486 OR 3970/0552
  • Tax Lot: 9
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 11878-000-000, 11878-001-000
  • Additional Parcels: Yes
  • Parcel Number: 11877-000-000
  • Total Acreage: 1/2 to less than 1
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: U-2
  • Living Area: 7558
Property and Assessments
  • Year Built Numeric: 1930
  • Flood Zone Code: X
  • Flood Zone Date: 06-16-2006
  • Flood Zone Panel: 12001C0314D
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 3
  • Public Survey Range: 20
  • Public Survey Section: 4
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete, Wood Frame, Wood Siding
  • Exterior Features: Lighting, Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal, Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 15
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Fireplace: Yes
  • Heating: Gas, Other
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Laundry Room, Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $.00
  • Gross Income: $112,200
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Heated Sq Ft 1: 984
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 1025
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 732
  • Unit Type Number Of Units Occupied 2: 2
  • Unit Type Pro Forma 2: 1025
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 2
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Heated Sq Ft 3: 1025
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1250
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 2
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Heated Sq Ft 4: 692
  • Unit Type Number Of Units Occupied 4: 3
  • Unit Type Pro Forma 4: 1000
  • Unit Type Type 4: 1 Bed/1 Bath
  • Unit Type Units Total 4: 3

Property History for 734 Northeast 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 734 Northeast 3rd Avenue

This home is within Alachua.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
W. A. Metcalfe Elementary School
PublicPK to 5

Westwood Middle School
Public6 to 8

Gainesville High School
Public9 to 12

Pace
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

734 Northeast 3rd Avenue is a multi-family home for sale in Gainesville, FL 32601. This property was listed for sale on July 9, 2024 by UNIVERSITY REALTY, it's currently listed at $1,199,000. This listing's school district is Alachua. Nearby schools include W. A. Metcalfe Elementary School, Westwood Middle School and Gainesville High School. 734 Northeast 3rd Avenue is a 15-bed, 0-bath, 7,558 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of UNIVERSITY REALTY

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.