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Key Details
Sold Price $2,450,000
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 21,499 sqft
Price per Sqft $113
Subdivision Hamilton Estate
MLS Listing ID GC541957
Sold Date 11/02/26
HOA Y/N No
Year Built 1983
Annual Tax Amount $43,053
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #
Location
State FL
County Alachua
Community Hamilton Estate
Area 32643 - High Springs
Zoning C3
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Appliance Refrigerator
Exterior
View Y/N No
Water Access No
Roof Type Shingle
Building
Lot Description Cul-De-Sac
Story 1
Foundation Slab
Lot Size Range 5 to less than 10
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Beau Beery THE MULTIFAMILY ADVISORS
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Khadija Webber
Professional Real Estate Agent License ID: 3268094
Professional Real Estate Agent License ID: 3268094