913 NW 3RD AVENUE
Gainesville, FL 32601

$399,000
Subdivision: Browns Add W R Thomas Sub

This beautifully preserved two-story historic home blends timeless character with modern updates, all just blocks from the University of Florida. With 4 spacious bedrooms, 2 bonus rooms, and 2 full bathrooms, this home offers flexible living options for families, students, or renters. The interior features gorgeous wood floors throughout, a cozy fireplace, an inviting open front porch, and ample off-street parking. Major updates include a new HVAC system in 2023, a metal roof added in 2015, and updated electrical and plumbing. Located in the highly desirable U6 mixed-use zone, this property allows for up to 50 units per acre and a 60-foot height limit—opening doors to exciting development potential. The parcel also has space to add two accessory dwelling units (ADUs) by right, further increasing rental income or multi-generational living options.Enjoy the convenience of being a short walk from dining, shopping, and entertainment. Currently leased through July 2025, the home offers strong rental income and could easily transition into a stunning primary residence close to campus. Whether you're looking for a long-term rental, development project, or personal home, this one has it all. Seller financing available.

Basic Information
MLS#: GC529977
Price: $399,000
Square Footage: 1576
Price / Square Foot: $253.17
Bedrooms: 4
Bathrooms: 2 Full
Acreage: 0.1
Year Built: 1929
Details
HVAC: Electric,Heat Pump, Central Air
Exterior Features: Sidewalk
Elementary School: Carolyn Beatrice Parker Elementary
Middle School: Westwood Middle School-AL
High School: Gainesville High School-AL
Virtual Tour: Click here
Listing Courtesy Of: PORTAL REALTY - 352-871-5864

by Savvy & Company LLC