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Pending
Virtual Tour

$2,650,000

0 Beds 0 Baths 21,499 SQFT 6.00 Acres
Type: Commercial

20420 NW 243RD DRIVE
HIGH SPRINGS, FL 32643

MLS#: GC541957
Bri Williams
Bri Williams
The Real Estate Advantage
REALTOR
Phone: 507.491.0996
Office: 218.562.2041
Presented by: THE MULTIFAMILY ADVISORS with 352-871-8324. - 352-871-8324

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 #

 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringCarpet, Tile
Heating Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area Units0 sqft
CityHIGH SPRINGS
Construction MaterialsBrick
CoolingCentral Air
CountyAlachua
DirectionsFrom I-75 and US 441, head north on 441 towards High Springs. Turn right on NW 204th Avenue, just past the Winn-Dixie. Subject property will be on the left.
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral
Legal DescriptionHAMILTON 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 TermsCash, Other
Living Area Units0 sqft
Lot Size Square Feet261,360 sqft
Lot Size UnitsAcres
MLS Area32643 - High Springs
New ConstructionNo
Number Of Units Total28
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
RoofShingle
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameHAMILTON ESTATE
Tax Annual Amount$43,054
Tax Lot13
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1983
ZoningC3

Exterior

Building Area Total21,385 sqft
Foundation DetailsSlab
Lot FeaturesCul-De-Sac
Lot Size Acres6
Lot Size Area6 sqft
Number of Buildings5
Number of Separate Electric Meters28
Number of Separate Water Meters28
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$2,650,000

0 Beds 0 Baths 21,499 SQFT 6.00 Acres
Type: Commercial

20420 NW 243RD DRIVE
HIGH SPRINGS, FL 32643

MLS#: GC541957
Bri Williams
Bri Williams
The Real Estate Advantage
REALTOR
Phone: 507.491.0996
Office: 218.562.2041

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