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About this home
3926 SW 13th St is a home in Burritt Estates-in Napier Grant-e1/2, Gainesville. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This sounds like a very promising piece of real estate in a highly desirable location! The proximity to the University of Florida and UF Health facilities significantly increases its value and potential for various developments. The U7 zoning in the City of Gainesville offers a wide range of possibilities, making it attractive to different types of investors and developers. The permitted uses you mentioned (multifamily, commercial, QSR, hotels/motels, medical offices) cover a broad spectrum of potential revenue-generating projects. The unique feature of having access roads at both the front and the back is a significant advantage. This could indeed facilitate better traffic flow and open up creative design options for any future development on the lot. The fact that it was previously approved for a Comfort Suites hotel in 2007 also indicates that the site has been considered suitable for hospitality purposes in the past. Finally, the existing leased billboard structure provides an immediate stream of income, which is a definite plus for any potential buyer or developer. Without the attachment, I can only comment on the information you've provided. If you have any specific questions about this property, such as potential valuation, zoning regulations in more detail, or comparisons to other properties, please feel free to ask!
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,500,000
Time on market
332 days
Monthly payment
About $9,473/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,799 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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