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$ 165,000
Est. payment /mo
New
1113 NW 5TH AVE Gainesville, FL 32601
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Browns Add To Gv
MLS Listing ID GC540950
HOA Y/N No
Annual Tax Amount $1,160
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 42 x 145
Property Sub-Type Residential
Source Stellar MLS
Property Description
Outstanding infill development opportunity just five blocks from the University of Florida. This 0.14-acre vacant lot is located in one of Gainesville's most active redevelopment corridors and is surrounded by several of the area's premier student housing communities, placing it in the heart of a proven rental and investment market.
Zoned U-6 (Urban 6), the property offers significant flexibility for developers and investors seeking to capitalize on continued demand for housing and mixed-use development near campus. U-6 zoning permits a variety of residential, commercial, and mixed-use uses, with residential densities of up to 50 dwelling units per acre, allowing for efficient land utilization in a highly walkable urban environment.
With limited undeveloped land remaining near UF, opportunities to acquire well-located infill sites of this nature are becoming increasingly scarce. The property's proximity to campus, major employment centers, retail, dining, and public transportation enhances its appeal for future residents and supports strong long-term market fundamentals.
Whether incorporated into a student housing strategy, boutique multifamily project, mixed-use concept, or long-term land investment, this parcel offers the location, zoning flexibility, and development potential that sophisticated investors seek. Rarely does a site this close to the University of Florida become available with such compelling redevelopment prospects.
Zoned U-6 (Urban 6), the property offers significant flexibility for developers and investors seeking to capitalize on continued demand for housing and mixed-use development near campus. U-6 zoning permits a variety of residential, commercial, and mixed-use uses, with residential densities of up to 50 dwelling units per acre, allowing for efficient land utilization in a highly walkable urban environment.
With limited undeveloped land remaining near UF, opportunities to acquire well-located infill sites of this nature are becoming increasingly scarce. The property's proximity to campus, major employment centers, retail, dining, and public transportation enhances its appeal for future residents and supports strong long-term market fundamentals.
Whether incorporated into a student housing strategy, boutique multifamily project, mixed-use concept, or long-term land investment, this parcel offers the location, zoning flexibility, and development potential that sophisticated investors seek. Rarely does a site this close to the University of Florida become available with such compelling redevelopment prospects.
Location
State FL
County Alachua
Community Browns Add To Gv
Area 32601 - Gainesville
Zoning U6
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Building
Lot Description Cleared
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Benjamin Burkley MAISON
NEARBY SCHOOL & BUSINESS
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