Gainesville Redevelopment Opportunity

This site represents one of the last walkable redevelopment opportunities near the Universidy of Florida. At 1.13 acres with flexible U-9 zoning, the property sits in the heart of Gainesville's most proven multifamily markets--one that continues to experience strong pre-leasing velocity, high absorption, and consistent rent growth. The immediate adjacency to a new 239 unit student housing development with a structured garage accelerates the area's transformation into a modern student living corridor. Developers benefit from the momentum, increased density, pedestrian activity, and infrastructure investment are already in motion.

The parcel's walkable location and zoning allow for vertical development, mixed-use and high density multifamily, making it ideal for purpose built student housing, market rate apartments or a hybrid concept. With the existing 12-unit building producing income during predevelopment, the site offers both short term stability and long term value creation.