3 months on rocket

119 NW 11th St, Gainesville, FL, 32601

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
1 Full Bath
1,240 SqFt
$423/SqFt
House

Location

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119 NW 11th St, Gainesville$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1927
HeatingElectric, Natural Gas
CoolingCentral Air
FireplaceWood Burning
MLS #GC524625
Lot Size0.17 Acres
StatusActive

About 119 NW 11th St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 1,240 SqFt

Listing Office:

  • Office Name: BHHS FLORIDA REALTY
  • Office Phone: (352) 225-4700
  • Listing Agent: Angelina Ballatore

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring Type: Wood
  • Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 119 NW 11th St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From W. Univ. Avenue and NW 13th St. Head East. Turn Left onto NW 11th st. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $423/SqFt

Tax Information:

  • Annual Amount: $4,103
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, FL.

Med. Sold Price

$310K

Med. Price/SqFt

$196

Avg. Days On Market

70

# of Sold Homes

113

119 NW 11th St vs Gainesville

97 DAYS ON ROCKET

+27 Days

$525,000

+$214.9K More

$423/SqFt

+$226 More

KEY TAKEAWAY

This property is $214.9K more than the Median Sold Price and $226/SqFt more than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC524625

Listing Office:

  • Office Name: BHHS FLORIDA REALTY
  • Office Phone: (352) 225-4700
  • Listing Agent: Angelina Ballatore

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2016Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,103$176,841
2019$4,235$177,615
2018$4,246$187,300
2017$4,019$172,200

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3465356
4
/10
  • Carolyn Beatrice Parker Elementary School

  • 1912 NW 5th Ave

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-3465357
4
/10
  • Joseph Williams Elementary School

  • 1245 SE 7th Ave

  • 1.69 miles

  • Public Magnet Grades KG-5

school-card-donut-3465358
9
/10
  • Caring & Sharing Learning School

  • 1951 SE 4th St

  • 1.81 miles

  • Public Charter Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,080. Residents of Gainesville, FL typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 119 NW 11th St

What is the listing price of this property?

The listing price of 119 NW 11th St property is $525,000.

What type of property is this?

The property 119 NW 11th St is a house located in Gainesville, Florida, 32601.

Is this property for sale now?

Active Listing: 119 NW 11th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,103 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2016 for $215,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 119 NW 11th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 119 NW 11th St is 1,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 119 NW 11th St is 1927.

Rocket Homes›Florida›Alachua County›Gainesville›32601›119 NW 11th St

This home is located at 119 NW 11th St in Gainesville, FL and zip code 32601 in the Northwest Gainesville neighborhood. This 1,240 square foot home, which was built in 1927, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $525,000.

In November 2024, from all listings sold in Gainesville, FL there were more than 16 sold above asking price, over 77 sold below and more than 20 were sold right at the asked price. Between October 2024 and November 2024, Gainesville, FL real estate market has seen decrease in the number of listings by 3.2%. While the average time on the market in November 2024 was 70 days, the median list price was $310,076.

From Rocket Homes Real Estate and based on county public records data.

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