534 & 580 NW 7TH TERRACE, GAINESVILLE, FL 32601 | MLS #MFRGC533379 | Berkshire Hathaway HomeServices Florida Network Realty
 
Listing provided courtesy of UNIVERSITY REALTYas Distributed by MLSGrid- MLS# MFRGC533379MLS Provider

534 & 580 NW 7TH TERRACEGAINESVILLE, FL 32601

Vacant Land · 0.22 Acres
$325,000 Active

534 & 580 NW 7TH TERRACE Overview

Time on Site:
311 days
Visits:
0

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!

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534 & 580 NW 7TH TERRACE Facts & Features

  • Type Vacant Land
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association: No

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Alachua
  • MLS Area Major: 32601 - Gainesville
  • Subdivision Name: PLEASANT STREET
  • Township: 10

Tax Information

  • Tax Annual Amount: 1489
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Other
  • Ownership: Fee Simple
  • Parcel Number: 13578-000-000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: RC

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels Description: 13592-000-000
  • Additional Parcels: Yes
  • Lot Features: Buildable,Cleared,Corner Lot,Paved,Wooded
  • Lot Size Acres: 0.22
  • Lot Size Dimensions: 128x74
  • Lot Size Square Feet: 9472
  • Number Of Lots: 2
  • Road Surface Type: Asphalt
  • Vegetation: Wooded
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: No

Building Exterior/Construction

  • Direction Faces: East

General Information

  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available

534 & 580 NW 7TH TERRACE Neighborhood

Community

32601 (GAINESVILLE) Demographics

24
Median Age
4,339
Population Density (per sq. mile)
61%
College Educated
$24,916
Estimated Median Income
2,131
Estimated Total Home Owners
6,069
Estimated Total Renters
26% / 74%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

534 & 580 NW 7TH TERRACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

534 & 580 NW 7TH TERRACE Market Data

Based on the last 30 days in this zip code

$416,229
Average List Price
$238
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

534 & 580 NW 7TH TERRACE History

Date Event Value Agent
3/19/2026Source: My Florida Regional MLS Price Reduction
$325,000 -7.1%
10/20/2025Source: My Florida Regional MLS Price Reduction
$350,000 -7.9%
8/18/2025Source: My Florida Regional MLS Added to Database
August 18, 2025