918 NW 4TH PL
Gainesville, Alachua, FL, 32601
Active$450,000
$244/sqft
About this home
Half Mile to UF Campus! Exceptional Investment & Development Opportunity! Rare opportunity to own a single family home and duplex situated on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning also allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The parcel is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the existing rental, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available 907 NW 4th Place (triplex) and 908 NW 4th Place (single family).
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. BHHS FLORIDA REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
34 days on market
Listed by: Angelina Ballatore · 352-281-1941—BHHS FLORIDA REALTY · 352-225-4700
Updated from Real Estate Market Data
MLS/IDX data last updated: . All data is obtained from various sources and may not have been verified by the 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
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