708 E University Avenue, GAINESVILLE, FL

$549,000

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4

Beds

3

Baths

2,779

Square feet

0.36

Acres

About 708 E University Avenue

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!

Features of 708 E University Avenue

MLS® # GC531733
Price $549,000
Bedrooms 4
Bathrooms 3.00
Full Baths 2
Half Baths 1
Square Footage 2,779
Acres 0.36
Year Built 1882
Type Residential
Sub-Type Single Family Residence
Style Historical, Victorian
Status Active
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Listing Details

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Neighborhood Information for 708 E University Avenue

High Residential Turnover

Weather

Highs


January 67.30℉
July 91.30℉

Lows


January 71.50℉
July 71.50℉
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Precipitation


49.45

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Nearby Schools

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Hospital Homebound

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Public - Kindergarten to 12Th Grade - Closest Elementry School
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Joseph Williams Elementary School

Public - Kindergarten to 5Th Grade
1 Miles
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Project Youthbuild

Public - 10Th Grade to Adult - Other
1 Miles

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