GREAT NEW PRICE! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!
Property Details
- View
- City
- Lot Features
- Buildable, Cleared, Corner Lot, Paved, Wooded
- Lot Description
- Buildable, Cleared, Corner Lot, Paved, Wooded
- Acres
- 0.22
- Property Type
- Purchase
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Sewer Available, Water Available
- Subdivision
- PLEASANT STREET
- County
- Alachua
- Region
- GAINESVILLE
- Zoning
- RC
- Original List Price
- $380,000
- Days on Market (Cumulative)
- 382
- Taxes Annual
- $1,489
- Ownership
- Fee Simple
- MLS #
- GC533379
- Property Subtype
- Land
- Parcel Number
- 13578-000-000
- MLS #
- GC533379
- Date Listed
- August 15, 2025
- Address
- 534 & 580 NW 7TH TERRACE
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Eric Leightman (#MFR259503308)
Listing Office: UNIVERSITY REALTY (#MFR259504837)
