1028 NE 1ST STREET, GAINESVILLE, FL, 32601
Active28 days on marketListed Sep 14, 2026MLS #GC543518
About this home
1028 NE 1ST STREET
Position your next commercial venture near the heart of Gainesville. This strategically located commercial lot offers convenient access to downtown Gainesville, major thoroughfares, and the University of Florida, and the area's growing mix of residential, retail, and professional activity. With its proximity to downtown amenities, employment centers, restaurants, and cultural destinations, the property presents an appealing opportunity for investors, developers, or owner-users seeking a well-connected site in one of North Central Florida's most dynamic markets. Whether envisioned for retail, office, mixed-use, hospitality, or another permitted commercial use, this location offers strong visibility and long-term potential. The buyer is to verify zoning, permitted uses, utilities, dimensions, access, and all development requirements.
Facts & features
The home at a glance
0.12 ac
Lot size
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.
$971 /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
$971/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.
Where it sits
Inside Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32601 — neighborhood snapshot
Population
23,296
Median age
23
Median income
$30,878
Median home value
$284,200
Avg household
2.1
Households w/ children
1,322
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 → $309K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 14% below the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1028 NE 1ST STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$175,000
1220 SW 1ST AVENUE UNIT 204
1 bd · 1 ba · 430 sqft · $407/sqft · 31 DOM
Sold · Oct ’26$180,000
1220 SW 1ST AVENUE UNIT 303
1 bd · 1 ba · 430 sqft · $419/sqft · 216 DOM
Sold · Jan ’26$195,000
1220 SW 1ST AVENUE UNIT 304
1 bd · 1 ba · 430 sqft · $453/sqft · 4 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
Leila Sabat
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1028 NE 1ST STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1028 NE 1ST STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Leila's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1028 NE 1ST STREET FAQs
What would the monthly payment be for 1028 NE 1ST STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $971/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 1028 NE 1ST STREET?+
The most recent tax bill on record (2025) was $239. 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 $125,000, this home is listed about 56% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1028 NE 1ST STREET?+
Abraham Lincoln Middle School (middle), Gainesville High School (high), Idylwild Elementary School (elementary) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of WATSON REALTY CORP · Jesse Whitfield. MLS #GC543518.
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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