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 #
Property Details
Price:
$2,650,000
MLS #:
GC541957
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family (5+)
Subdivision:
HAMILTON ESTATE
Neighborhood:
32643highsprings
Listed Date:
Jul 17, 2026
Finished Sq Ft:
21,499
Total Sq Ft:
21,385
Lot Size:
261,360 sqft / 6.00 acres (approx)
Year Built:
1983
See this Listing
Schools
Interior
Appliances
Refrigerator
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central
Exterior
Construction Materials
Brick
Lot Features
Cul-De-Sac
Roof
Shingle
Financial
Tax Year
2025
Taxes
$43,054
Map
Community
- Address20420 NW 243RD DRIVE HIGH SPRINGS FL
- SubdivisionHAMILTON ESTATE
- CityHIGH SPRINGS
- CountyAlachua
- Zip Code32643
Subdivisions in HIGH SPRINGS
- 1ST ADD CAIN MILL WOODS SUB
- ADAMS ROAD SUB
- APPALOOSA TRAILS SUB
- ASHTON RIDGE
- AVONDALE
- AVONDALE UNIT D
- BAILEY ESTATES
- BAILEY ESTATES OF HIGH SPGS
- BELLAMY ROAD ESTATES
- CHESBOROUGHS CORNER FIRST ADD
- CINNAMON HILLS ESTATES PH 1
- CINNAMON HILLS ESTATES PH II
- D E WHETSTONE ADDN-H SPGS
- DOGWOOD ACRES
- EDGEMOOR
- G M WHETSTONE ESTATE ADD TO H S
- G.M.WHETSTONE EST.ADDN TO H.S.
- GIBBS & B D FOSTERS ADD
- GIBBS & FOSTER ADDN
- GIBBS FOSTER ADD
- GONDOLA GARDENS H S
- HAMILTON ESTATE
- HERMITAGE SUB
- HIGH SPGS G E FOSTERS ADD FAIRMOUNT
- HIGH SPGS HIGHLANDS
- HIGH SPGS HIGHLANDS SUB
- HIGH SPGS HILLS PH I
- HIGH SPGS HILLS SUB
- HIGH SPGS INDUST PARK
- HIGH SPRINGS ESTATES
- HOLLAND & GVILLES REP
- LAUREL POINTE
- LYNDAN HILLS
- METES AND BOUNDS
- MILLHOPPER ESTATES
- OAK RIDGE AT HIGH SPGS PH 1
- OAK RIDGE AT HIGH SPGS PH II
- OAK RIDGE AT HIGH SPGS PH III PB 37 PG 30
- OAK RIDGE AT HIGH SPGS PH IV PB 37 PG 73
- PATTON ADDITION
- PINE CREST
- RIVER RISE SUB
- RIVER RUN PLANTATION
- RIVERGLEN
- RIVERLAND ESTATES
- S C MOORE ADD MRS S C MOORE ESTATE
- SILVER RIDGE SUB
- SILVERTHORN
- SOUTHLAND SUB
- SOUTHSIDE TERRACE
- SPANISH GATES
- SPRING HILL
- SPRING RIDGE
- SPRING RUN VILLAGE
- SPRINGSTEAD
- TAMIAMI HEIGHTS #4
- TAMIAMI HEIGHTS #5
- UNDERWOOD HILL FOREST
- UNIT 1 SPRING RIDGE SUB
- UNIT 2 SPRING RIDGE SUB
- UNIT 5 SPRING RIDGE SUB
- WADE
- WESTON OAKS
- WILD OAKS
- WOODS OF ALCHRIST
- WOODS/ALCHRIST
Market Summary
Current real estate data for Commercial in HIGH SPRINGS as of Oct 14, 2026
6
Commercial Listed
211
Avg DOM
265
Avg $ / SqFt
$921,650
Avg List Price
Property Summary
- Located in the HAMILTON ESTATE subdivision, 20420 NW 243RD DRIVE HIGH SPRINGS FL is a Commercial for sale in HIGH SPRINGS, FL, 32643. It is listed for $2,650,000 To schedule a showing of MLS#gc541957 at 20420 NW 243RD DRIVE in HIGH SPRINGS, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
Similar Listings Nearby
Courtesy of THE MULTIFAMILY ADVISORS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 20420 NW 243RD DRIVE
HIGH SPRINGS, FL