3418 Nw 20th Street, Gainesville, FL 32605

$63,000
3
BD
1
BA
1,137
SqFt

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Sold Price
$63,000
List Price
$120,000
Status
Sold
Days on Market
71
Closing Date
Nov 06, 2025
MLS#
GC533341
Property Style
Single Family
Year Built
1946
Bedrooms
3
Bathrooms
1
Living Area
1,137
Lot Size
13,504
Acres
0.31
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Ridge-View
MLS Area Major
Gainesville

Property Description

Prime redevelopment opportunity in Northwest Gainesville. This corner parcel offers approximately 124 feet of frontage on NW 35th Avenue and 109 feet of frontage on NW 20th Street, providing excellent visibility, multiple access points, and strong curb appeal for a future project. The existing structure is most likely not salvageable; this listing is being marketed for land value only. Based on the lot size and City of Gainesville guidelines, there is potential to split the property into two buildable home sites, subject to city approval. Buyers are responsible for verifying all dimensions, zoning, lot split feasibility, and any applicable utility or impact fees. The property sits within an established neighborhood that has shown strong resale activity for finished homes. In 2024–2025, nearby improved properties have sold in the $170,000 to $205,000 range, demonstrating solid demand for housing in this area. Additionally, two new homes are currently under construction directly to the north, across NW 35th Avenue with NW 20th Street frontage, signaling continued confidence in the location’s long-term potential. Residents of the area benefit from direct access to Gainesville’s RTS bus line, making local transit readily available for easy commuting to employment centers, shopping, dining, schools, and the University of Florida. The property is also within ¼ mile of GreenTree Park, a 28-acre city-owned public park offering baseball fields, playgrounds, and open green space, a valuable amenity for future homeowners. This location combines neighborhood stability, recreational access, transit convenience, and market demand, all key elements for a successful redevelopment or infill construction project. Whether your plan is to develop a single, spacious homesite or to pursue a lot split for two individual residences, this parcel offers a flexible and high-potential opportunity in an appreciating Gainesville market. Bring your vision, confirm your development options with the City of Gainesville, and take advantage of this rare corner lot with proven neighborhood values and new construction momentum already in motion.

Additional Information

Taxes
$3253
Minimum Lease
No Minimum
Location
Corner Lot, City Limits, Level, Paved
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF3
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Other
Appliances
None, Other
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Heating
Natural Gas
Air Conditioning
Wall/Window Unit(s)
Fireplace Description
Decorative
Exterior Construction
Frame, Wood Siding
Exterior Features
Private Mailbox
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Fences
Chain Link
Flood Zone Code
X
Parcel ID
08878-010-000
Legal Description
RIDGEVIEW PB C-21-26 LOTS 9 10 BK 9 UNIT II OR 2764/1239

Listing courtesy of LPT REALTY, LLC. 888-883-8509

Selling Office: LPT REALTY, LLC.

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