Spring Park Sub Homes with Block Exterior Construction

Welcome to Spring Park Subdivision, a hidden gem nestled in the vibrant city of Gainesville, Florida. Located in the heart of Alachua County, this charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Spring Park Sub boasts a variety of homes, prominently featuring block exterior construction, which not only enhances durability but also provides exceptional insulation against Florida's warm climate. These homes are designed to withstand the test of time while offering a cozy, welcoming atmosphere. With spacious layouts and thoughtful designs, residents can enjoy comfortable living spaces that cater to both relaxation and entertaining.

The subdivision is conveniently located near a wealth of amenities, including shopping centers, restaurants, and parks, ensuring that everything you need is just a stone's throw away. Families will appreciate the proximity to highly-rated schools, creating an enriching environment for children to thrive. Nature enthusiasts can take advantage of the nearby trails and recreational areas, perfect for weekend adventures or leisurely strolls.

Community spirit thrives in Spring Park Sub, where neighbors become friends, and social gatherings are a regular occurrence. Whether you’re enjoying a peaceful evening on your porch or engaging in community events, there’s a palpable sense of belonging here.

Explore the charm and comfort of Spring Park Subdivision, where your dream home awaits amidst the beauty of Gainesville, FL. Come experience a lifestyle that perfectly balances relaxation and convenience in a community that feels like home.

$599,777

5 Beds ⋅ 5 Baths ⋅ Spring Park Sub SubDv. ⋅ 32601 Zip Code

Price Reduced and offered below recent appraised value! Seller is considering all reasonable offers. This exceptional income-producing property offers a rare opportunity for investors, developers, or buyers seeking a versatile multi-family property near the University of Florida and UF Health Shands Hospital. Officially designated as a triplex, the property is currently configured as four income-producing units and is zoned for both commercial and residential use, creating immediate rental income with outstanding long-term investment and redevelopment potential. Situated on a prominent corner parcel in one of Gainesville's most desirable rental corridors, this property enjoys convenient access to the University of Florida, UF Health Shands Hospital, downtown Gainesville, shopping, restaurants, parks, public transportation, and major employers. Its central location continues to attract students, medical professionals, faculty, traveling nurses, and long-term residents, contributing to consistent rental demand and year-over-year income growth. The flexible floor plan offers multiple income opportunities. Unit A features a one-bedroom, one-bath apartment with dual entrances to the kitchen and living room. Unit B offers an updated two-bedroom, two-bath apartment with modern finishes. Unit C is currently configured as two separate one-bedroom, one-bath apartments with private entrances but can easily be converted back into a spacious two-bedroom, two-bath residence with French doors leading to a private outdoor space. This flexibility allows the property to accommodate a variety of rental strategies. Significant capital improvements were completed in 2019, including a new roof, updated electrical systems, and new HVAC systems, helping reduce future maintenance costs. Additional features include three separate GRU electric meters, three storage sheds providing ample storage, extensive privacy fencing, new fencing in the rear and alongside Unit A. Whether the goal is expanding an investment portfolio, generating immediate rental income, providing student or medical housing, or exploring future redevelopment opportunities, this property offers exceptional versatility. The commercial and residential zoning provides flexibility that is increasingly difficult to find this close to the University of Florida and UF Health Shands Hospital. Properties offering multiple income streams, updated major systems, flexible unit configurations, and redevelopment potential in this location are rare. This Gainesville investment combines location, cash flow, and future upside, making it an outstanding opportunity for investors seeking a multi-family property in one of North Central Florida's strongest rental markets.

1203 Nw 12th Avenue, Gainesville

Spring Park Sub Homes with Block Exterior Construction

Newest Spring Park Sub Homes with Block Exterior Construction