918 NW 4TH PLACE, GAINESVILLE, FL, 32601
Active2 days on marketListed Aug 6, 2026MLS #GC542483
About this home
918 NW 4TH PLACE
Exceptional Investment & Development Opportunity! Rare opportunity to own a single family home and duplex situated 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 also 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 existing 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 908 NW 4th Place (single family).
Facts & features
The home at a glance
3
Bedrooms
1,846
Sqft
0.12 ac
Lot size
1958
Year built
One
Levels
$244
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,320 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,320/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Gainesville actives
$244 vs $201
Days on market
2 vs 45 typical
Where $244/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Fifth Avenue
Get to know Gainesville. See the full Gainesville guide →
Fifth Avenue — neighborhood snapshot
Population
2,726
Median age
22
Median income
$30,573
Median home value
$370,400
Avg household
3
Households w/ children
35%
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$294K → $333K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
186 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 80% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 918 NW 4TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$550,000
113 NW 11TH STREET
4 bd · 2 ba · 1,812 sqft · $304/sqft · 263 DOM
Sold · Feb ’26$330,000
201 SE 2ND AVENUE UNIT 406
2 bd · 3 ba · 1,783 sqft · $185/sqft · 10 DOM
Sold · May ’26$420,000
201 SE 2ND AVENUE UNIT 418
3 bd · 3 ba · 1,783 sqft · $236/sqft · 96 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri Petrelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 918 NW 4TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 918 NW 4TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
918 NW 4TH PLACE FAQs
What would the monthly payment be for 918 NW 4TH PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,320/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 918 NW 4TH PLACE?+
The most recent tax bill on record (2025) was $3,740. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $450,000, this home is listed about 51% above the Gainesville median of $297,500. The market section on this page shows how the area is trending.
Which schools are assigned to 918 NW 4TH PLACE?+
Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high), Westwood Middle School (middle) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$450,000 runs 80% above the GAINESVILLE 32601 median — but at 1,846 sqft it's also 28% larger than the typical Gainesville listing.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a Gainesville market that averages 45 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA REALTY · Angelina Ballatore. MLS #GC542483.
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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