$380,000 for Sale
534 & 580 nw 7th terrace , gainesville, FL 32601
Property Description
Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!
General Information
Sale Price: $380,000
Price/SqFt:
Status: Active
MLS#: GC533379
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: pleasant street
Acres: 0.22
Lot Dimensions: 128 x 74
Size:
Acreage: 0.22 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Winter Taxes: $1,489
Legal Description: Brown Addition Block 2, Plat Book A, Page 64 N 52 1/2 feet E 82.5 feet of West 165 feet of S 1/2 of Block 2 Deed Book 203/284, Public Records of Alachua County, Florida & Commence at the Northwest corner of the South half of Block 2, MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE, FLA, according to the Plat thereof, recorded in Plat Book A, Page 64 of the Public Records of Alachua County, Florida, and run thence East 82.5 feet; thence South 52.5 feet to the point of beginning; run thence East 82.5 feet; thence North 52.5 feet to the Point of Beginning, in Block 2 said MAP OF BROWNS ADDITION TO TOWN OF GAINESVILLE FLA, in the Northwest 1/4 of Section 5, Township 10 South, Range 20 East.
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Eric Leightman of UNIVERSITY REALTY, Phone: 352-327-9500
