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1400 SW 18th Pl

1.01 Acres of Commercial Land Offered at $1,290,000 in Gainesville, FL 32608

Investment Highlights

  • Close proximity to UF Campus, UF Health/Shands Hospital, & VA Hospital
  • Easy Access to the surrounding area

Executive Summary

The approved site plan is one mile south of the Innovation District, perfectly positioned to support a more upscale residential development with high-end accommodations. The current plans propose a seven-story podium structure for a Class-A apartment development, comprising 100 luxury multifamily rental units. With an approved height limit of 88 feet, the project can achieve a high unit density per acre,
offering spacious, modern floor plans and premium amenities, including executive-style meeting rooms and luxury lounges.

Property Facts

Price $1,290,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Healthcare
  • Hospital
  • Medical
Total Lot Size 1.01 AC

1 Lot Available

Lot

Price $1,290,000
Price Per AC $1,277,227.72
Lot Size 1.01 AC

This unique ±1.01 acre development site, located near the intersection of SW 16th Avenue and SW 13th Street, is just minutes from the University of Florida campus, UF Health/Shands Hospital and VA Hospital.

Description

This unique ±1.01 acre development site, located near the intersection of SW 16th Avenue and SW 13th Street, is just minutes from the University of Florida campus, UF Health/Shands Hospital and VA Hospital. The approved site plan is one mile south of the Innovation District, perfectly positioned to support a more upscale residential development with high-end accommodations.

Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code U9
U9
  • Listing ID: 33829231

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 1400 SW 18th Pl, Gainesville, FL 32608

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