Commercial Sale · Multi Family (5+)
919 NW 23RD AVENUE, GAINESVILLE, FL, 32609
Active789 days on marketListed Jun 4, 2024MLS #GC522595
About this property
The property at a glance
Looking for a solid investment opportunity? Whether looking to add to your real estate portfolio or down size while still living rent free, this property satisfies both possibilities. Six bedrooms could be individually leased for extra income. Complete with some furnishings, including a fully equipped kitchen with 2 refrigerators, washer and dryer, and other appliances. Metal roof updated in 2010, updated 200 amp panel and plumbing throughout the main home. Separate to the main house sits a 1300 sqft one bedroom, one bathroom with a loft unit rented through June 2026 for $1400 per month. This space is also equipped with a functional kitchen and 3 wall mounted ac units, plus a functional workshop.
3,482
Building sq ft
$121
Price / sq ft
0.36
Lot acres
1947
Year built
2
Buildings
OF
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,540/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
19,694
Population
$48,121
Median income
35.9
Median age
2.31
Avg household
$174,500
Median home value
$1,159/mo
Median rent
1,692
Households w/ kids
Recent sales
What actually sold near 919 NW 23RD AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$915,000
1401 NW 5TH AVENUE
3,300 sqft · $277/sqft · Sold Apr 6, 2026
$380,000
1300 NW 6TH STREET
3,524 sqft · $108/sqft · Sold Jul 2, 2026
$600,000
2720 NE 20TH WAY
3,705 sqft · $162/sqft · Sold Apr 16, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 919 NW 23RD AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 919 NW 23RD AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · Jeff Rimes. MLS #GC522595.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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