CENTURY 21 Edge
✦ Multi Family (5+)

Commercial Sale · Multi Family (5+)

$409,900$449,9003,482 sq ft$118 /sq ft0.36 acres

919 NW 23RD AVENUE, GAINESVILLE, FL, 32609

Active860 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

$118

Price / sq ft

0.36

Lot acres

1947

Year built

2

Buildings

OF

Zoning

Multi Family (5+)

Property type

Building size3,482 sq ft
Lot size0.36 acres
Year built1947
Buildings2
ZoningOF
ConstructionAsbestos
CoolingCentral Air · Wall/Window Unit(s)
Annual taxes$5,905

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)

Down payment25% · $102,475
Interest rate6.00%
Loan term

Estimated payment

$2,495/mo

Principal & interest$1,843
Property taxes (actual bill)$492
Est. insurance$160

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 Kathy to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

15,000vehicles / day · 2025Us-441/Sr-25/Nw 13th to Sr-20/Nw 6th St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Hogan's Great SandwichesRestaurant0.2 mi
Kwik Stopconvenience0.2 mi
PACE JewelersRetail0.3 mi
Taco Bellfast food0.3 mi
Firehouse SubsRestaurant0.3 mi
Ward's Supermarketsupermarket0.3 mi
Coffee Culturecafe0.3 mi
Tropical Smoothie CafeRestaurant0.3 mi
ChipotleRestaurant0.3 mi
Plaza Verde @ Northwest 13th Street Southboundbus stop0.3 mi
Lux 13 Apartmentsbus stop0.3 mi
BurlingtonRetail0.3 mi
Mt. Pleasant Cemeterygraveyard0.4 mi
Wendy'sfast food0.4 mi
Gainesville High Schoolshelter0.4 mi
Grass Lawn Cemeterygraveyard0.4 mi
Plaza Verde @ Northwest 23rd Avenuebus stop0.4 mi
Lowe'sRetail0.4 mi
Bank of AmericaBank0.4 mi
Gainesville High Schoolbus stop0.4 mi
Winn-DixieGrocery0.4 mi
Furniture Kingdombus stop0.4 mi
Sand Hill Cemeterygraveyard0.4 mi
Gainesville High Schoolbus stop0.5 mi

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.

1401 NW 5TH AVENUE

$915,000

1401 NW 5TH AVENUE

3,300 sqft · $277/sqft · Sold Apr 6, 2026

1300 NW 6TH STREET

$380,000

1300 NW 6TH STREET

3,524 sqft · $108/sqft · Sold Jul 2, 2026

3006 NE 20TH WAY

$310,000

3006 NE 20TH WAY

3,200 sqft · $97/sqft · Sold Jan 8, 2026

Your team

The pros in your corner

Kathy Miller

Your agent

Kathy Miller

real estate agent · CENTURY 21 Edge

Tours, offers, and every question about 919 NW 23RD AVENUE — start here.

CallText
kathy.miller@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 919 NW 23RD AVENUE.

Get in touchCall
aacosta@prmg.net

See it in person

Schedule a tour

Live availability from Kathy's calendar — pick a time and it's booked.

Keep looking

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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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