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735 E University Avenue , Gainesville, FL 32601

$579,000
  • 735 E University Avenue , Gainesville, FL 32601 Main Photo

66 Photos

New to the Market (Bank Owned) - Active
BEDS5 BATHS4 full SQUARE FEET2,765 MLS#GC544643
STATUS(Bank Owned) - Active PROPERTY TYPEResidential - Single Family SUBDIVISIONGAINESVILLE KINGS

Property Description

Celebrate a century of character and charm! This distinctive property, situated in the heart of Gainesville's Bed & Breakfast Historic District, includes two separate homes: an impressive three-story Victorian main residence and a cozy two-story detached cottage. The main home was constructed in 1926, and the cottage was completed shortly thereafter in 1930. The property occupies a prominent corner lot fronting on both University Avenue and SE 8th Street, providing exceptional visibility and presence. The main residence blends vintage character with modern upgrades. The journey through the home begins in the elegant foyer, where you're immediately greeted by a grand staircase leading to the second floor. To the right, the formal living room showcases an original fireplace plus a bay window and flows seamlessly into the formal dining room through a classic pocket door. The dining room sits adjacent to the recently remodeled kitchen, complete with its own breakfast nook. Rounding out the first floor is a versatile living space which features another original fireplace. This space could be utilized as a bedroom or secondary living area. It connects directly to an efficiency kitchen and full bathroom. Together which an adjacent sunroom, the rooms occupying the east side of the home could be utilized as a separate rental unit if desired. Upstairs, a second sunroom overlooks the front of the property, while a convenient coat closet sits at the top of the staircase. The second floor features three bedrooms and two full bathrooms. One of the full baths also serves as a laundry room. The third floor is set up as a studio apartment featuring soaring ceilings, a kitchenette, and a full bathroom, creating yet another independent living opportunity. The cottage floorplan includes an ample-sized living room with full kitchen, one bedroom, one full bathroom, and an additional second-floor bonus room that could easily serve as another bedroom. The bonus room upstairs leads out onto the 2nd floor deck that overlooks a stunning oak tree. Between the main residence and cottage there is potential for 4 separate rental units. The roofs on both homes have been replaced since 2022, offering peace of mind for years to come. The U4 zoning allows for a wide variety of residential and non-residential uses. A dedicated parking area accessed from SE 8th Street provides ample off-street parking. This is a prime opportunity to secure a piece of Gainesville history and shepherd it through its next century!

735 E University Avenue | MLS# GC544643

This single family home located at 735 E University Avenue , Gainesville, FL 32601 is currently listed for sale with an asking price of $579,000. This property was built in 1926 and has 5 bedrooms and 4 full baths with 2765 sq. ft. E University Avenue is located in the GAINESVILLE KINGS subdivision. Search GAINESVILLE KINGS real estate on www.nicolemarksrealtor.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Electric, Natural Gas
Home Style: Victorian
Lot Size: 0.32 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $10,838
Year Built: 1926

Amenities

Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Private Yard

Feature Descriptions

Appliances: None
Directions: From X of University Avenue and Main St: go east on University Avenue for 0.5 miles to property on right. Parking is off of SE 8th Street.
Exterior: Frame, Wood Siding
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile, Wood
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Cleared, Corner Lot
Lot Dimensions: 0.32
Other Equipment: Private Yard
Ownership: Fee Simple
Parking: Off Street, Parking Pad
Parking Notes: Off Street, Parking Pad
Patio/Porch: Front Porch
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: See Remarks
Special Sale Provisions: Real Estate Owned
Utilities: Electricity Available, Natural Gas Available, Public, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: U4

Listed By / Shown By

Listed By

Agency Name: HORIZON REALTY OF ALACHUA INC
Agency Contact: 386-462-4020

Shown By

Agent Name: Nicole Marks, P.A.
Agent Phone: (561) 445-8743
Agency Title: Realty 100

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Estimated Payment

$ 2,360.64 per month $1,288.60 Principal & Interest $903.17 Property Tax $168.88 Homeowner's Insurance

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