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Lasbury Tracy Realty Inc
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$2,800,000

Pending

1615 NW 3rd Ave, Gainesville, FL 32603

0.38 acre lot

Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · MLS# GC538532

207 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

College Park multifamily investment opportunity just steps from the University of Florida. This 13,244 SF property on 0.38 acres, comprising 21 rental units across multiple buildings, is income-producing. Located near Midtown and University Avenue with on-site parking, the property offers strong value-add potential through renovation, repositioning, or redevelopment in one of Gainesville’s most desirable rental markets.

Facts

Property type
Multi-Family 5+
Year built
1996
Flood zone
X
Annual taxes
$32,568/yr
Listed
Mar 18, 2026
MLS #
GC538532

Commercial details

Building & site

Building size
13,244 SF
Lot size
0.38 acres (16,553 SF)
Zoning
RMU
Road frontage
City Street
Buildings
3

Investor metrics

Price per SF (MLS)
$211.42/SF
Units
21

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty — confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $2,800,000
  2. Status changed to Pending

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1615 NW 3rd Ave, Gainesville, FL 32603

Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · MLS# GC538532 · Pending

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 9:34 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]