20420 Nw 243rd Drive, High Springs, FL 32643

$2,650,000
21,499
SqFt

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List Price
$2,650,000
Status
Active
Days on Market
11
MLS#
GC541957
Property Style
Multi-Family 5+
Year Built
1983
Living Area
21,499
Lot Size
261,360
Acres
6
Total Acreage
5 to less than 10
Legal Subdivision Name
Hamilton Estate
Complex/Comm Name
Villas-Highsprings
MLS Area Major
High Springs

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 #

Additional Information

Taxes
$43053
Location
Cul-De-Sac
Community Features
No Deed Restriction
Zoning
C3
Floor
Carpet, Tile
Appliances
Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
00217-001-000
Legal Description
HAMILTON ESTATES PB C-10 COM SW COR LOT 13 RUN E 50 FT S 20 FT E ALONG N R/W PONCE DE LEON DRIVE 237.38 FT TO POB N 368.17 FT E 591.63 FT S 368.17 FT W 591.63 FT TO POB OR 4693/1353

Listing courtesy of THE MULTIFAMILY ADVISORS. 352-871-8324

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