20420 NW 243RD DR, High Springs, FL 32643
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20420 NW 243RD DR, High Springs, FL 32643
20420 NW 243RD DR, High Springs, FL 32643
20420 NW 243RD DR, High Springs, FL 32643
20420 NW 243RD DR, High Springs, FL 32643
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20420 NW 243RD DR High Springs, FL 32643

21,499 SqFt


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Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 21,499 sqft

Price per Sqft $123

Subdivision Hamilton Estate

MLS Listing ID GC541957

HOA Y/N No

Year Built 1983

Annual Tax Amount $43,053

Lot Size 6.000 Acres

Acres 6.0

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units. There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k). Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #

Location

State FL

County Alachua

Community Hamilton Estate

Area 32643 - High Springs

Zoning C3

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Appliance Refrigerator

Exterior

Water Access No

Roof Type Shingle

Building

Lot Description Cul-De-Sac

Story 1

Foundation Slab

Lot Size Range 5 to less than 10

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None


Stellar MLS
Listed by Beau Beery THE MULTIFAMILY ADVISORS

NEARBY SCHOOLS & PROPERTIES

David Dell'Olio

David Dell'Olio

#YourHelpfulAdvisor | License ID: FL #3540967

+1(407) 228-4613

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20420 NW 243RD DR