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Asking Price

$ 182,500

Status

Active

1424 NE 1ST AVENUE

GAINESVILLE, FL,32641, LAKEWAY GROVE-IN NEW GV

Overview

2 Bedrooms

1 Bathrooms

Garage

922 sqft

Year Built: 1947


School Nearby

Westwood Middle School-AL

Gainesville High School-AL

Marjorie Kinnan Rawlings Elementary School-AL

Description

Welcome to a prime opportunity in the heart of Gainesville! Originally built by the seller’s father, this property blends character with potential and was most recently a rental generating $1,000/month. Now vacant with several recent updates, it’s ready for its next chapter. Located just 4 minutes from the University of Florida, downtown, shopping, and dining, this home sits on U2 zoning, opening the door to flexible living and income-producing possibilities such as single-family use, small multi-family (2–4 units), or additional dwelling options. Whether you’re a first-time buyer looking to step into ownership or an investor searching for your next play, this is a property you need to see in person to fully appreciate the upside. Seller is offering up to $3,000 toward buyer’s closing costs and/or prepaids, adding immediate value and flexibility. Please review disclosures and property questionnaire for details. Buyer to verify all zoning uses. Schedule your private showing today and come see the possibilities for yourself!


Features

Status:   Active

Beds:    2

Baths:   1

Square Footage:   922 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   GC539656

Days on Market:   1

Year Built:   1947

Lot Size:  

County:   Alachua

Taxes:   $1,591.00


Address

1424 NE 1ST AVENUE , GAINESVILLE ,FL

Listing provided by: ARIUM REAL ESTATE, LLC, 321-209-0828

Asking Price

$182,500

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 04/23/2026 10:50. All data is obtained from various sources and may not have been verified by 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.