1323 NW 31ST AVENUE GAINESVILLE FL 32605 MLS #GC521450

Exceptional opportunity for investment! This charming single-family home boasts an advantageous MU1 zoning. Offering versatility for Residential uses & non-residential uses. Uses for residential: single family dwelling, attached dwelling, ADU, adult day care home, Community residential home (up to 6 residents), Community residential home (7 to 14 residents), Family child care home, Single room occupancy residence. Non-residential uses range from- Alcoholic beverage establishment (w/ special use permit approval), Assisted living facility, Bed and breakfast establishment, Business services, restaurant, day care center and much more! Maximum building height of 5 stories (max 8 stories with bonus) and up to 30 units per acre, the potential is immense. Situated 2.5 miles directly North of the University of Florida & just one block away from the bus line off NW 13th st. This property features a spacious fenced-in backyard, on a corner lot, ensuring privacy and tranquility amidst lush greenery. Conveniently located within half a mile of Publix at the Exchange shopping center, downtown Gainesville just 3.1 miles away and 10min to GNV airport. Plus, it’s a stone’s throw from the serene 29th Road Nature Park, adding to its appeal.