$140,000
About this home
MOTIVATED SELLER has just improved the pricing of this lot to $140,000.00 or $279,900.00 for both lots. Exceptional Multifamily Development Opportunity – Shovel-Ready Lot in Prime Location! Unlock the potential of this rare, shovel-ready multifamily development site, perfectly positioned for your next income-producing investment property. This PD (Planned Development) zoned lot offers maximum flexibility with an open builder opportunity, allowing for the construction of a quadraplex, triplex, or duplex—ideal for rental income, short-term rental (STR), or long-term portfolio growth. This premium parcel comes with valuable pre-development work already completed, including site plans, architectural elevations, survey, and soil tests, significantly reducing your timeline and upfront costs. Whether you're a real estate investor, developer, or builder, this is a turnkey development opportunity ready to move forward. For expanded potential, the adjacent parcel (Lot 24 – 2804 NW 104 Court) is also available and can be purchased separately or combined with this lot for a total price of $290,000, offering a larger footprint for a multi-unit residential development project.
Property details
- MLS #
- MFRGC532826
- Property type
- Land
- Subdivision
- HILLS OF SANTA FE PH II
- Status
- Active
- Days on market
- 350
- On market date
- August 26, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.48 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 804
- Student:teacher ratio
- 14.6:1
- District
- ALACHUA
- Enrollment
- 942
- Student:teacher ratio
- 19.2:1
- District
- ALACHUA
- Enrollment
- 0
- District
- ALACHUA
Walkability
Blended score for GAINESVILLE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in GAINESVILLE, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 11, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.