About 908 Nw 4th Place
Exceptional Investment & Development Opportunity! Rare opportunity to own a single family home on U4 (Urban 4) zoned parcel, offering immediate rental income and exciting long-term redevelopment potential. The U4 zoning district is designed to encourage walkable urban development and provides flexible building standards that may appeal to investors, builders, and developers. U4 zoning allows up to 3 stories (42 feet maximum height), 0-foot interior side setbacks (subject to utilities and easements), and rear setbacks of 3 feet with an alley or 10 feet without. Accessory Dwelling Units (ADUs) are permitted, allowing one attached and one detached ADU per parcel, provided a primary residence remains on the property and all applicable City standards are met. The parcel is not located within a historic district, though buyers should verify any requirements with the City due to the age of the existing structures. Whether you're looking to continue operating the current rental, expand your investment portfolio, or explore future redevelopment opportunities, this property offers exceptional flexibility in a highly desirable location. Buyers are encouraged to verify all zoning regulations, permitted uses, development standards, and future plans with the City of Gainesville. For buyers seeking an extraordinary investment opportunity, the adjacent properties are also available- 907 NW 4th Place (triplex) and 918 NW 4th Place (duplex & single family).
Features of 908 Nw 4th Place
| MLS® # | GC542488 |
|---|---|
| Price | $375,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 876 |
| Acres | 0.12 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Active |
Listing Details
| Office | BHHS FLORIDA REALTY |
|---|
Listing Map
Neighborhood Information for 908 Nw 4th Place
High Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
A.quinn Jones Center Public - 6Th Grade to 12Th Grade |
0 Miles | |
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Morning Meadow Preschool & Kindergarten Private - to |
0 Miles | |
|
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Project Youthbuild Public - 10Th Grade to Adult - Other |
0 Miles | |
|
|
Persimmon Early Learning Academy, Llc Private - to |
1 Miles | |
|
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Sidney Lanier Center Public - Kindergarten to 12Th Grade |
1 Miles | |
|
J. J. Finley Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Hospital Homebound Public - Preschool to 12Th Grade |
1 Miles |
School data provided by GreatSchools