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618 S Main St - 2.814 Acres - Investment Opportunity 2.81 Acres of Residential Land Offered at $4,443,498 CAD in Gainesville, FL 32601
Investment Highlights
- The U6 zoning permits up to 50 units per acre development density
- In addition to the multi-family allowed use, many non-residential/commercial uses are permitted
- The property is located in close proximity to Downtown, Deport Park, the Innovation District, and the University of Florida campus
- The U6 zoning allows 4 stories aby right and 5 stories by Special Use Permit
- The property lies within the Gainesville CRA and the Opportunity Zone
Executive Summary
Introducing an exceptional investment opportunity at 618 S Main St, Gainesville, FL! This 2.8 acre tract with substantial street frontage on South Main Street and zoned U6 offers immense potential for a savvy investor. This prime location in the Gainesville area provides a solid foundation for a successful venture. With a rich history and abundant space, this property is an ideal choice for a multi-family or mixed use investor seeking a worthwhile addition to their portfolio. Take advantage of this rare chance to secure a valuable asset with enduring potential.
Property Facts
| Price | $4,443,498 CAD | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 2.81 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | U6 | ||
| Price | $4,443,498 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.81 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | U6 |
1 Lot Available
Lot
| Price | $4,443,498 CAD | Lot Size | 2.81 AC |
| Price Per AC | $1,581,315.90 CAD |
| Price | $4,443,498 CAD |
| Price Per AC | $1,581,315.90 CAD |
| Lot Size | 2.81 AC |
Land parcel is located in northwest quadrant of South Main Street and Depot Avenue. The property has frontage on South Main Street to the east, WS 6th Avenue to the north and SW 2nd Street to the west.
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Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Number | 13010-000-000 | Improvements Assessment | $452,319 CAD |
| Land Assessment | $3,306,064 CAD | Total Assessment | $3,758,384 CAD |
Property Taxes
Parcel Number
13010-000-000
Land Assessment
$3,306,064 CAD
Improvements Assessment
$452,319 CAD
Total Assessment
$3,758,384 CAD
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618 S Main St - 2.814 Acres - Investment Opportunity
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