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Listed by SAGE REAL ESTATE

Status: Active

708 E University Ave 
Gainesville, FL 32601

$549,000

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Stunning Victorian has the ability to function as a live-work space for a small business AND it also includes an attached dwelling unit with immediate income potential! It is completely functional as a single-family home and, if additional downstairs rooms are preferred, the 528 square foot attached dwelling could easily be reconnected. The U4 zoning permits uses include office space, yoga/wellness studio, B&B or art gallery! It could also function as a restaurant with a special use permit. The main living space includes two ground-floor rooms with highly decorative fireplace mantels. The dining and kitchen area features a beautiful, repurposed bank-teller counter with wrought iron and beveled glass, and fabulous wood and glass folding doors connecting the two spaces. The ornate woodwork inside and out includes stylized trim work, oversized baseboards, gorgeous heart pine flooring throughout and a magnificently carved banister. Each doorway leading outside connects to a covered porch. The wrap-around back porch leads to an attached one-bedroom, one-bath apartment that is perfect for rental income and a separate building that was once the original kitchen. The second story in the main house has three spacious bedrooms with fireplaces, a large bathroom and a room with built-in cabinetry that is ideal for a home office. The roof was updated in December 2022 and there is an updated HVAC from 2016. The major restoration in 1981 updated all plumbing and electrical items. The brick-paved parking areas can be maintained as a parking or fenced to provide more privacy. The ideal Duckpond location allows easy access to downtown Gainesville, the University of Florida campus and Depot Park!
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Bedrooms
4
Baths
2.5
House Size
2,779 sqft
Year Built
1882
Lot Size
0.36 ac

Location

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Interior Information

appliances
Refrigerator
basement
Crawl Space
cooling
Central Air
features
High Ceilings
fireplace
Decorative
Family Room
Living Room
flooring
Carpet
Tile
Wood
heating
Central
Natural Gas
Heat Pump
laundry features
None

Exterior Information

features
Courtyard
Rain Gutters
Storage
patio and porch
Front Porch
Rear Porch
Side Porch
Wrap Around
road responsibility
Public Maintained Road
road surface
Asphalt
Paved
roof
Shingle

Property Information

architectural style
Historic
Victorian
community
Street Lights
construction
Frame
Wood Siding
foundation
Pillar/post/pier
sewer
Public Sewer
subdivision name
Doig Robertson
utilities
Cable Available
Natural Gas Available
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
water source
Public
  • Listed By Michelle Hazen
  • (352) 219-2033
  • SAGE REAL ESTATE
  • (352) 219-2033
  • hazenmichelle@gmail.com
  • MLS GC531733

Monthly Payments Calculator

Estimated Monthly Cost

$3,550

30 year fixed·6.9% interest rate
Principal & Interest
$2,893
Property Taxes
$458
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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