For Sale
$1,950,000

3220 69Th StGainesville, FL 32606

30 Acres, 120+ Units Possible, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 30.82-acre raw land site presents a remarkable opportunity for residential development in Gainesville, Florida. The property, comprised of two parcels with APN 06205-000-000 and 06205-002-000, is zoned R-1A, allowing for a minimum of 120 units (4 units per acre). However, Alachua County's Cottage Neighborhood Ordinance allows for higher density, potentially increasing the unit count to 240. Located at 3220 NW 69th St, Gainesville, FL 32606, this prime location offers convenient access to major shopping centers, including Oaks Mall and Millhopper Shopping Center, both within a 10-minute drive. The strong surrounding market boasts average home sales between $280,000 and $440,000, with average household incomes exceeding $91,000 within a one-mile radius and over $101,000 within three miles. The asking price is $1,950,000, translating to a land value of $1.45 per square foot. This represents a compelling investment opportunity given the potential for significant returns in this thriving Gainesville neighborhood. The property's central location and potential for higher density development make it an ideal choice for discerning investors seeking substantial growth potential.

Highlights

  • Prime single-family residential development opportunity in Gainesville, FL, with strong surrounding market and higher density potential.
  • 10-minute drive to Oaks Mall and Millhopper Shopping Center.
  • Strong single-family market; recent home sales average $280,000-$440,000; average household income over $91,000 within one mile and over $101,000 within three miles.
  • Potential for higher density development (up to 240 units) under Alachua County's Cottage Neighborhood Ordinance.

Property Details for 3220 69Th St

Property type
Land
Lot Size (sq. ft)
1,342,519 SF

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.6810997
Longitude
-82.4163392
3220 69Th St, Gainesville, Florida

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3220 69Th St
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