1203 12th Avenue, GAINESVILLE, FL 32601
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Priced at Only: $625,000
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Address: 1203 12th Avenue, GAINESVILLE, FL 32601
Property Location and Similar Properties
- MLS#: GC539204 ( Residential )
- Street Address: 1203 12th Avenue
- Viewed: 10
- Price: $625,000
- Price sqft: $209
- Waterfront: No
- Year Built: 1941
- Bldg sqft: 2995
- Bedrooms: 5
- Total Baths: 5
- Full Baths: 5
- Days On Market: 11
- Additional Information
- Geolocation: 29.6628 / -82.3374
- County: ALACHUA
- City: GAINESVILLE
- Zipcode: 32601
- Subdivision: Spring Park Sub
- Provided by: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
- Contact: Mark Kjeseth
- 352-262-4914

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DescriptionUnique Multi Family Property with Development Potential | 4 Units in a Triplex Designation | Zoned Commercial & Residential Discover an incredible investment opportunity with this versatile multi family property, perfectly positioned on a prime corner parcel near the University of Florida and UF Shands Hospital. Officially designated as a triplex, this property currently offers four income producing units, making it a rare find with significant future use potential for developers. Property Highlights: Zoning: Commercial and Residential offering flexible future use and development possibilities. Location: Situated close to UF and Shands, ensuring strong demand for rentals. Income: Consistent year over year income growth. Layout & Features: Unit A: 1 bedroom, 1 bathroom apartment with dual entrances to the kitchen and living room. Unit B: 2 bedroom, 2 bathroom apartment with upgraded features. Unit C: Flexible configurationcurrently divided into two 1 bedroom, 1 bathroom apartments (upper and lower levels) with separate entrances. Can be converted back to a 2 bedroom, 2 bathroom unit. Features French doors leading to a private back area. Utilities: Three separate GRU electrical meters for Units A, B and C. Water and Sewer for all units are on Unit C's GRU bill. Upgrades: New roof, electrical, and HVAC systems installed in 2019. Amenities: Three sheds on the propertyone large and two smaller onesplus extremely tall privacy fencing that surrounds half of the property. Owner is working on making some minor improvements. Rental Performance: Excellent short term rental occupancy due to its prime location and updated amenities. This property is not only an immediate income generator but also a fantastic long term investment with development potential. Whether youre looking to expand your portfolio, capitalize on the booming rental market, or explore future development opportunities, this property offers it all. Dont miss out on this exceptional investment in a high demand area! There are so many possibilities with this gem.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Awning(s), French Doors, Lighting, Private Entrance, Private Mailbox, Private Yard, Storage
- Flooring: Ceramic Tile, Luxury Vinyl, Vinyl
- Living Area: 2995.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2025
Other Features
- Appliances: Disposal, Dryer, Electric Water Heater, Ice Maker, Range, Refrigerator, Washer
- Country: US
- Furnished: Negotiable
- Interior Features: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
- Legal Description: SPRING PARK NO 4 PB D-13 E 74 1/4 FT OF LOT 6 OR 4610/1528
- Levels: Two
- Area Major: 32601 - Gainesville
- Occupant Type: Tenant
- Parcel Number: 09496-000-000
- Possession: Close Of Escrow
- Views: 10
- Zoning Code: OF
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- Mobile: 561.201.4476
- dennisdialsells@gmail.com











































