We’re excited to announce that the highly sought-after 2.23-acre development site at 3437 SW 24th Avenue is officially back on the market. Located at the high-visibility corner of SW 34th Street and SW 24th Avenue, this unique site offers unmatched proximity to the University of Florida, UF Health, Butler Plaza, and the VA Hospital, making it an ideal opportunity for developers targeting student housing, multifamily, or mixed-use retail concepts.
Zoned U9 with urban mixed-use high-intensity land use, the property supports densities of up to 100 dwelling units per acre by right, with the potential for even greater intensity via Special Use Permit. With no wetlands, floodplains, or environmental encumbrances on site and within the UF Context Area, the site is well positioned for vertical development with up to six stories by right.
Current Income Producing Elements Include:
• Coin Laundry and Quick Stop tenants (month to month)
• Additional vacant suite (1,160 SF) and surface parking generating revenue
• Gross income of approximately $9,733 per month
Development Potential Highlights:
• Up to 223 residential units
• Conceptual plans include first-floor podium parking with upper-level residential or commercial space
• Located in a high-demand rental corridor with strong demographic growth
• Traffic count of over 42,000 cars per day
Whether you’re a national developer seeking Gainesville’s next multifamily opportunity or a visionary investor looking for long-term value across from one of the nation’s largest universities, this location offers scale, flexibility, and walkability that few other sites in the region can match.
📍 3437 SW 24th Avenue, Gainesville, FL 32608
💰 Offered at $2,450,000
📐 2.23 Acres | Zoned U9 | Urban Mixed Use High Intensity
For details, financials, or a copy of the due diligence package, contact:
Eric Ligman
Director, Commercial & Land Division
📞 352.256.2112
📧 EricLigman@BosshardtRealty.com
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