#GC527642, Eric Leightman, Listing Office: UNIVERSITY REALTY
$6,234
closing credit¹
119 NW 11th St Gainesville, FL 32601
Property details
About 119 NW 11th St
Fantastic investment opportunity! ZONED U6! The U6 zoning allows for several additional units to be placed on the same site. Highest & best use is a small MF apartment complex. Located just minutes from the University of Florida (0.3 miles), conveniently close to campus, local dining, shopping, and entertainment. Currently leased at $2,100/month offering immediate income potential. This delightful 3-bedroom, 1-bathroom home offers over 1,200 sqft of living space, screened-in porch and .17 acres with a fully fenced backyard. Also zoned for Retail, Office, Mixed Use and much more! Maximum building height is 60 Feet (74ft w/bonus). Residential density by right is 50 (60 w/bonus). This property allows for a variety of uses, providing incredible flexibility and future potential. It is also located in the Enterprise Zone, this is a delineated area in the City limits. The purpose is to promote development so credits are given to reduce some permitting fees. The home features a spacious layout with plenty of natural light, a cozy living area, and a functional kitchen. Whether you're looking for a primary residence, a rental property, or a future development opportunity, this home offers unbeatable value in a prime location. Don't miss your chance to own a piece of Gainesville real estate in a highly sought-after area!
Highlights
Virtual tour
Summary
- MLS Number: GC524625
- MLS Name: MFRMLS
- Office Name: BHHS FLORIDA REALTY
- Office Phone: (352) 225-4700
- Listing Agent: Angelina Ballatore
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Last updated on: 2/8/2025, 1:20:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of property](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRGC524625/66cf0ac3acffe436913d58e6.jpg?version=1724847038&width=640)
$525,000
119 NW 11th St
$6,234
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 01, 2016 | Home Sold | $215,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $211,976 | $4,847 |
2022 | $205,741 | $4,470 |
2021 | $176,841 | $4,470 |
2019 | $177,615 | $4,235 |
2018 | $187,300 | $4,246 |
2017 | $172,200 | $4,019 |
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
9
Caring & Sharing Learning School
Public Charter PK-6
1.8 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. Most Gainesville, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 119 NW 11th St
This home is located at 119 NW 11th St in Gainesville, FL and zip code 32601 in the Northwest Gainesville neighborhood. This 1,240 square foot home, which was built in 1927, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $525,000.
In January 2025, from all listings sold in Gainesville, FL there were more than 16 sold above asking price, over 94 sold below and more than 17 were sold right at the asked price. The inventory of homes for sale in Gainesville, FL between December and January 2025 increased by 0.9%. While the average time on the market in January 2025 was 61 days, the median list price was $315,910.