1022 SW 1st Ave Gainesville, FL 32601
Property details
About 1022 SW 1st Ave
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.
Highlights
Virtual tour
Summary
- Interior: Other
- Total Bedroom Count: 20
- Private Pool: No
- Exterior: Other
- Heating: Electric
- Cooling: Central Air
- List Price: $2,700,000
- Price/SqFt: $338
- Annual Tax Amount: $27
- Tax Year: 2023
- Directions: From the intersection of 13th Street and W University Avenue, head east on University Ave. Turn right on SW 12th Street. Turn left on SW 1st Ave. Subject is on the left.
- Year Built: 1935
- Living Area: 7,966 SqFt
- Lot Size: 0.5 Acres
- MLS Number: R4909329
- MLS Name: MFRMLS
- Office Name: BRG REALTY VENTURES
- Listing Agent: Beau Beery
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Last updated on: 5/15/2025, 8:19:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,700,000
1022 SW 1st Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 21, 2018 | Home Sold | $17,800 |
| Apr 18, 2008 | Home Sold | $230,000 |
| Dec 07, 2000 | Home Sold | $185,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $100 | $27 |
| 2022 | $100 | $165 |
| 2021 | $100 | $165 |
| 2019 | $154,800 | $3,663 |
| 2018 | $154,800 | $3,496 |
| 2017 | $154,800 | $3,588 |
History based on county public records data.
Nearby schools
4
Carolyn Beatrice Parker Elementary School
Public District KG-5
0.8 mi
•1912 NW 5th Ave
4
Joseph Williams Elementary School
Public Magnet KG-5
1.7 mi
•1245 SE 7th Ave
5
Caring & Sharing Learning School
Public Charter PK-6
1.7 mi
•1951 SE 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,080. Typical income of Gainesville, FL residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
Forever 21
Banana Republic
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Sonic
What do the neighbors drive?
Pontiac
Mazda
Infiniti
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
This home is located at 1022 SW 1st Ave in Gainesville, FL and zip code 32601 in the Southwest Gainesville neighborhood. This 7,966 square foot home, which was built in 1935, sits on a 0.50 acre lot. Features: 20 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $2,700,000.
Gainesville, FL housing market in April 2025 saw over 27 listings sold above listed price, more than 37 sold at listed price and over 148 sold below. The number of homes for sale in Gainesville, FL increased by 2.1% between March and April 2025. Listings spent 62 days on the market in April 2025, and had a median list price of $316,173 during the same period.