4 months on rocket

722,732,734 Ne 3rd Avenue, Gainesville, FL, 32601

$1,199,000

Home List Price

$10,000*

Closing Credit

15 Bedrooms
9 Baths
7,558 SqFt
$159/SqFt
Multi

Location

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722,732,734 Ne 3rd Avenue, Gainesville$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingNatural Gas, Other
CoolingZoned, Wall/Window Unit(s)
MLS #GC523600
Lot Size0.69 Acres
StatusActive

About 722,732,734 Ne 3rd Avenue

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!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 7,558 SqFt

Listing Office:

  • Office Name: UNIVERSITY REALTY
  • Office Phone: (352) 327-9500
  • Listing Agent: Eric Leightman

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Other

Virtual/3D Tour

  • Virtual Tour: 722,732,734 Ne 3rd Avenue
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Zoned, Wall/Window Unit(s)

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $159/SqFt
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Housing Market Comparison

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

Med. Sold Price

$308K

Med. Price/SqFt

$196

Avg. Days On Market

60

# of Sold Homes

132

722,732,734 Ne 3rd Avenue vs Gainesville

136 DAYS ON ROCKET

+76 Days

$1,199,000

+$891K More

$159/SqFt

-$37 Less

KEY TAKEAWAY

This property is $891K more than the Median Sold Price and $37/SqFt less than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC523600

Listing Office:

  • Office Name: UNIVERSITY REALTY
  • Office Phone: (352) 327-9500
  • Listing Agent: Eric Leightman

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: 11/22/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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-789402
9
/10
  • Caring & Sharing Learning School

  • 1951 SE 4th St

  • 0.24 miles

  • Public Charter Grades PK-6

school-card-donut-789403
4
/10
  • Joseph Williams Elementary School

  • 1245 SE 7th Ave

  • 0.82 miles

  • Public Magnet Grades KG-5

school-card-donut-789404
2
/10
  • Idylwild Elementary School

  • 1700 SE 35th Ave

  • 1.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. The majority of Gainesville, FL residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Florida›Alachua County›Gainesville›32601›722,732,734 Ne 3rd Avenue

This home is located at 722,732,734 Ne 3rd Avenue in Gainesville, FL and zip code 32601 in the Norwood Heights neighborhood. This 7,558 square foot home, which was built in 1930, sits on a 0.69 acre lot. Features: 15 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $1,199,000.

Over 11 listings were sold over their listed price in October 2024 in Gainesville, FL. In the same period over 101 listings were sold below the listed price and 20 listings were sold for the listed price. The number of listings in Gainesville, FL decreased by 0.4% between September 2024 and October 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $308,000.

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

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