119 11TH, GAINESVILLE, FL 32601

Description

Prime U6-Zoned Investment Opportunity Just 0.3 Miles from UF! This is a rare chance to own property in one of Gainesville’s most high-demand locations. Key Highlights: U6 Zoning – allows for multi-family development, retail, office, or mixed-use. Build up to 60 ft (74 ft with bonus). Residential density by right: 50 units/acre (60 with bonus). Located in Enterprise Zone – potential credits toward permitting fees .17-acre lot with fully fenced yard. Updated kitchen and bath. Newer roof (2011). HVAC replaced in 2015. Abundant natural light. Screened-in porch for outdoor living. This property can offer immediate rental income or can serve as the foundation for your next development project. Close proximity to campus, shops, dining, and nightlife, the location is unbeatable—and the zoning flexibility means endless possibilities. Don’t miss out on the potential this close to UF. Schedule a showing today and explore how you can maximize the potential of this unique property!