Movoto Real Estate
Sold on 07/16/2025
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1022 SW 1st Ave, Gainesville, FL 32601

  • $2,567,530

    Last sold 07/16/2025 after 65 Days

  • 20

    bed

  • 14

    bath

  • 7,966

    Sqft ($322/Sqft)

Multi-family not for sale
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About 1022 SW 1st Ave

Property type Multi-family
Neighborhood
Year built 1935
HOA fee $0/month
Lot size 8,023 Sqft
Property description
Incredibly rare opportunity to acquire a 6 home, 20 bed assemblage all grouped together in its own “block” only a 1.5 block walk to UF! Insane. Each home has its own parcel (6 parcels) but are all grouped together within it’s own unofficial parcel with no HOA. All 6 homes are already pre-leased thru July 2026 at $938/bed plus furniture and parking fees leaving plenty of room for future rent growth. Tenants pay all utilities. Rent is by the bed. Washer/dryer connections in all units. There are three buildings built in 2009 and three built in 1935 but handsomely updated. Roof ages range from 2003 to 2009. Parental guarantees on all leases. The same owner also owns two other rental homes nearby and details are in the attached marketing package (10 more beds). Cannot be broken up. All 6 houses must be bought together. NOI is proforma. The unit make up is one 3BR/2BA, one 4BR/3BA, one 4BR/2BA, one 5BR/3BA, and two 2BR/2.5BA. Each home ranges in size from 1,050 to 1,706 SF. Professional management in place. Financials available upon a signed confidentiality agreement, ask listing broker.
Listed by
Listing Agent - Beau Beery
Listing Office - BRG REALTY VENTURES
Source: Stellar MLS mls logo
MLS#R4909329 • last updated 8 months ago
Movoto checked Stellar MLS for data 19 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
Type Residential Income
Virtual Tour N/A
SubType Multi Family
Status Pending
MLS # R4909329
SqFt 7966
Lot Size (Acres) 0.5
Lot Size (SqFt) 8023
Property Tax 21136.93
Year Built 1935
Interior
Total # Bathrooms 14
# Bedrooms 20
Interior Features Other
Exterior
Exterior Other
Roof Shingle
Construction Brick
Foundation Other
Amenities / Utilities
Utilities Desc Cable Connected, Electricity Connected
Sewer Public Sewer
Location
County Alachua
Subdivision BRICK HOUSE
APN 13222-010-001
Zoning U5
Multifamily Details
Total # of Units 6
Lot/ Land Details
Number Of Lots 6
Road Surface Type Asphalt

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Nearby homes for sale in Gainesville, FL

  • Real Estate
  • FL
  • Alachua County
  • Gainesville
  • 32601
  • University Heights Historic District
  • 1022 SW 1st Ave
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Gainesville, FL

  • Jul 2025
    mls logo MLS # R4909329
  • Jul 16, 2025 Pending
  • May 12, 2025 Listed
    $2,700,000 (+1352.4%)
  • Mar 2013
    mls logo MLS # GC204439
  • Mar 27, 2013 Sold
    $185,897 (-2.2%)
  • Nov 15, 2000 Listed
    $190,000
  • 1022 SW 1st Ave
    $2.56M
  • University Heights Historic District
    $197K
  • 32601
    $324K -2% y/y
  • Gainesville
    $309K -1% y/y
No chart available
Statistics calculated by Movoto
4/10
6/10
5/10
Gainesville High School
public Grades 9-12
Alachua
Source: GreatSchools.org © 2026. All rights reserved.
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