1424 NE 1ST AVENUE GAINESVILLE FL 32641 MLS #GC539656

1424 NE 1ST AVENUE
GAINESVILLE, FL, 32641
$182,500
2 Beds
1 Baths
922 SqFt
0.14 Acres
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MLS #GC539656 image #0
One or more photo(s) has been virtually staged. Welcome to a prime opportunity in the heart of Gainesville! Originally built by the seller’s father, this property blends character with potential and was most recently a rental generating $1,000/month. Now vacant with several recent updates, it’s ready for its next chapter.

Located just 4 minutes from the University of Florida, downtown, shopping, and dining, this home sits on U2 zoning, opening the door to flexible living and income-producing possibilities such as single-family use, small multi-family (2–4 units), or additional dwelling options.

Whether you’re a first-time buyer looking to step into ownership or an investor searching for your next play, this is a property you need to see in person to fully appreciate the upside. Seller is offering up to $3,000 toward buyer’s closing costs and/or prepaids, adding immediate value and flexibility.

Please review disclosures and property questionnaire for details. Buyer to verify all zoning uses. Schedule your private showing today and come see the possibilities for yourself!

Property Details

Price:
$182,500
MLS #:
GC539656
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LAKEWAY GROVE-IN NEW GV
Neighborhood:
32641gainesville
Listed Date:
Apr 22, 2026
Finished Sq Ft:
922
Total Sq Ft:
922
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1947
Traditional32641 – Gainesville32641gainesvilleLakeway Grove-in New GvMarjorie Kinnan Rawlings Elementary School-alWestwood Middle School-alGainesville High School-alNo MinimumPets Allowed

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Schools

Elementary School:
Marjorie Kinnan Rawlings Elementary School-AL
Middle School:
Westwood Middle School-AL
High School:
Gainesville High School-AL

Interior

Appliances
Built-In Oven, Cooktop, Electric Water Heater, Freezer, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Vinyl
Heating
Electric
Interior Features
Ninguno
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Levels
One

Exterior

Architectural Style
Traditional
Construction Materials
Wood Frame
Direction Faces
South
Exterior Features
None
Patio And Porch Features
None
Roof
Shingle

Financial

Tax Year
2025
Taxes
$1,591

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Single Family in GAINESVILLE as of May 02, 2026
766
Single Family Listed
89
Avg DOM
227
Avg $ / SqFt
$475,869
Avg List Price

Property Summary

    Located in the LAKEWAY GROVE-IN NEW GV subdivision, 1424 NE 1ST AVENUE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32641. It is listed for $182,500 and features 2 beds, 1 baths, and has approximately 922 square feet of living space, and was originally constructed in 1947. The current price per square foot is $198. The average price per square foot for Single Family listings in GAINESVILLE is $227. The average listing price for Single Family in GAINESVILLE is $475,869. To schedule a showing of MLS#gc539656 at 1424 NE 1ST AVENUE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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