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708 E University Avenue, Gainesville, FL 32601

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For Sale

$549,000

4 beds • 2 baths • 1 half baths • 2,779 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $197.55
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Stunning Victorian has the ability to function as a live-work space for a small business AND it also includes an attached dwelling unit with immediate income potential! It is completely functional as a single-family home and, if additional downstairs rooms are preferred, the 528 square foot attached dwelling could easily be reconnected. The U4 zoning permits uses include office space, yoga/wellness studio, B&B or art gallery! It could also function as a restaurant with a special use permit. The main living space includes two ground-floor rooms with highly decorative fireplace mantels. The dining and kitchen area features a beautiful, repurposed bank-teller counter with wrought iron and beveled glass, and fabulous wood and glass folding doors connecting the two spaces. The ornate woodwork inside and out includes stylized trim work, oversized baseboards, gorgeous heart pine flooring throughout and a magnificently carved banister. Each doorway leading outside connects to a covered porch. The wrap-around back porch leads to an attached one-bedroom, one-bath apartment that is perfect for rental income and a separate building that was once the original kitchen. The second story in the main house has three spacious bedrooms with fireplaces, a large bathroom and a room with built-in cabinetry that is ideal for a home office. The roof was updated in December 2022 and there is an updated HVAC from 2016. The major restoration in 1981 updated all plumbing and electrical items. The brick-paved parking areas can be maintained as a parking or fenced to provide more privacy. The ideal Duckpond location allows easy access to downtown Gainesville, the University of Florida campus and Depot Park!
MLS# GC531733

Courtesy Of Sage Real Estate

(352) 219-2033

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Refrigerator
  • Architecture Style
    Victorian
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile, Wood
  • Lot Size
    0.36 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 708 E University Avenue, Gainesville, FL 32601

Home seller CENTURY 21 Lighthouse Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lighthouse Realty

(904) 562-5652
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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