GREAT NEW PRICE! Two adjacent residential lots at 534 and 580 NW 7th Terrace in Gainesville are offered together as a rare opportunity in the historic Pleasant Street neighborhood. The south lot at 534 has been cleared and prepared for near-immediate construction, complete with permits and designs for a residence plus an income-producing apartment that optimizes rental potential and return on investment. The adjoining lot at 580 is a partially wooded corner parcel that adds privacy, character, and greater flexibility for future development. Its corner placement allows additional options for ingress, egress, and parking, creating versatility not often found in this area. The location is highly sought after, within walking distance to the University of Florida, Downtown Gainesville, and the University Avenue business district, while still offering a quiet residential setting. Opportunities to acquire two side-by-side lots of this quality are extremely limited, particularly with the added value of a corner lot. Come take a look!
Property Details
Price:
$299,000
MLS #:
GC533379
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subdivision:
PLEASANT STREET
Neighborhood:
32601gainesville
Listed Date:
Aug 18, 2025
Lot Size:
9,472 sqft / 0.22 acres (approx)
See this Listing
Schools
Interior
Exterior
Direction Faces
East
Lot Features
Buildable, Cleared, Corner Lot, Wooded
View
City
Financial
Tax Year
2024
Taxes
$1,489
Map
Community
- Address534 & 580 NW 7TH TERRACE GAINESVILLE FL
- SubdivisionPLEASANT STREET
- CityGAINESVILLE
- CountyAlachua
- Zip Code32601
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Land in GAINESVILLE as of Aug 29, 2026
131
Land Listed
359
Avg DOM
$858,534
Avg List Price
Property Summary
- Located in the PLEASANT STREET subdivision, 534 & 580 NW 7TH TERRACE GAINESVILLE FL is a Land for sale in GAINESVILLE, FL, 32601. It is listed for $299,000 and features 0 acres. To schedule a showing of MLS#gc533379 at 534 & 580 NW 7TH TERRACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of UNIVERSITY REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 534 & 580 NW 7TH TERRACE
GAINESVILLE, FL
