Under Construction. Located between Downtown Gainesville and the University of Florida, 420 NW 3rd Ave presents a rare residential income opportunity in one of Gainesville’s strongest rental corridors.
This modern property offers approximately 3,603 heated and cooled square feet across three separate living areas:
• 4 bedroom / 4 bath main residence (1,971 H/C sq ft; 2,176 total including porches)
• Attached 2 bedroom / 2 bath unit with private entrance (816 H/C sq ft)
• Detached 2 bedroom / 2 bath unit (816 H/C sq ft)
All eight bedrooms feature private bathrooms, creating ideal flexibility for individual leasing, student housing, or multigenerational living. Interior finishes include quartz countertops, stainless steel appliances, soft-close cabinetry, luxury vinyl flooring, recessed lighting, high ceilings, and double-pane windows.
An identical 8-bedroom property is also available at 426 NW 3rd Ave. Properties may be purchased individually or together as a portfolio.
Located minutes from the University of Florida, UF Health, and downtown Gainesville.
Projected rental information available upon request.
Property taxes to be assessed.
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Property Location
About 420 NW 3RD AVENUE, GAINESVILLE
This 8 bedroom, 8 bathroom property located at 420 NW 3RD AVENUE in GAINESVILLE, FL 32601 is currently available. The home features 3,972 square feet of living space and was built in 2026.