408 Nw 5th Avenue, Gainesville, FL 32601

$360,000
4
BD
2
BA
1,560
SqFt

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Sold Price
$360,000
List Price
$374,900
Status
Sold
Days on Market
35
Closing Date
Jun 09, 2026
MLS#
GC538961
Property Style
Duplex
Year Built
1992
Bedrooms
4
Bathrooms
2
Living Area
1,560
Lot Size
8,712
Acres
0.20
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Brush Add To Gville
MLS Area Major
Gainesville

Property Description

This very well maintained duplex is located 3 minutes from the University of Florida in the heart of the Duckpond Historic District! Both units are 2 bedroom/1 bathroom with updated plumbing; currently operated as a short-term rentals, grossing $41,138.30 in the trailing 12 months. Large already cleared lot with plenty of room for development of additional units. Professionally managed, current management would like to continue their services for the incoming buyer. Net income is pro-forma estimate. This is a great opportunity for an investor, owner occupant buyer, and/or a developer.

Additional Information

Taxes
$3275
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Zoning
PD
Interior Layout
Living Room/Dining Room Combo, Stone Counters, Thermostat
Interior Features
Living Room/Dining Room Combo, Stone Counters, Thermostat
Floor
Luxury Vinyl, Tile
Utilities
Cable Connected, Electricity Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Frame, Wood Siding
Exterior Features
Fence, Private Entrance, Private Yard, Storage
Roof
Shingle
Foundation
Block
Pool
No Pool
Garage Features
Curb Parking, Driveway, Ground Level, Off Street, On Street
Flood Zone Code
X
Parcel ID
14480-000-000
Legal Description
BRUSH ADDN DB O-218 BK 26 PLAT IN S 1/2 OF BK 26 PB A-88 LOT 12 OR 3714/1064 & OR 4805/2221 & OR 5003/1729

Listing courtesy of BRG REALTY VENTURES LLC. 352-871-8324

Selling Office: THOMAS LYNNE REALTY GROUP LLC.

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