For Sale
$1,300,000

8717 Archer RdGainesville, FL 32608

7.56 Acres, Prime Residential Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7.56-acre parcel presents a unique cottage development opportunity in Gainesville, Florida. Ideally situated on SW Archer Road, this property enjoys unparalleled proximity to the University of Florida, Celebration Pointe, and Butler Plaza, ensuring high demand and strong rental potential. Zoned for Low-Density Residential (LDR), the site allows for a diverse range of residential uses, including single-family detached and attached units, cottage neighborhoods, and traditional neighborhood developments. The smaller lot size makes a mixed-use development less practical, but the LDR zoning allows for higher density residential development, potentially doubling the typical units per acre (8 units per acre versus 4). This presents a significant advantage for maximizing return on investment. All essential utilities—potable water, wastewater, and electricity—are readily available through Gainesville Regional Utilities (GRU), streamlining the development process. The property's location within an established residential area further enhances its appeal and minimizes development risks. This is a rare opportunity to capitalize on the thriving Gainesville real estate market and create a highly desirable residential community. The asking price is $1,300,000. Alachua County location and proximity to major amenities make this a truly exceptional investment.

Highlights

  • 7.56-acre development site in Gainesville, FL, priced at $1,300,000.
  • Located on SW Archer Road, near University of Florida, Celebration Pointe, and Butler Plaza.
  • Low-Density Residential (LDR) zoning allows for high-density residential development (up to 8 units per acre).
  • All utilities (water, sewer, electricity) are available through Gainesville Regional Utilities (GRU).
  • Ideal for a cottage-style residential community.

Property Details for 8717 Archer Rd

Property type
Land

Location Insight

City
Gainesville
County
Alachua
State
Florida
Latitude
29.588986
Longitude
-82.435647
8717 Archer Rd, Gainesville, Florida

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8717 Archer Rd
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