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!
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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
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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.
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Nearby Schools
9
/10
Caring & Sharing Learning School
1951 SE 4th St
Distance between this listing and this school0.24 miles
Public Charter Grades PK-6
4
/10
Joseph Williams Elementary School
1245 SE 7th Ave
Distance between this listing and this school0.82 miles
Public Magnet Grades KG-5
2
/10
Idylwild Elementary School
1700 SE 35th Ave
Distance between this listing and this school1.39 miles
Public District Grades KG-5
Nearby Schools
5
/10
Abraham Lincoln Middle School
1001 SE 12th St
Distance between this listing and this school0.68 miles
Public Magnet Grades 6-8
3
/10
Resilience Charter School Inc
1717 NE 9th St
Distance between this listing and this school2.20 miles
Public Charter Grades 6-8
4
/10
Howard W. Bishop Middle School
1262 NW 31st Dr
Distance between this listing and this school2.28 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
P.K. Yonge Developmental Research School
1080 SW 11th St
Distance between this listing and this school1.06 miles
Public District Grades KG-12
1
/10
A. Quinn Jones/Exceptional Student Center
1108 NW 7th Ave
Distance between this listing and this school1.84 miles
Public District Grades 6-12
1
/10
North Central Florida Public Charter School
1000 NE 16th Ave Bldg C
Distance between this listing and this school2.17 miles
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.
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.