Multi-Family Land for Sale - Prime development opportunity in a highly desirable Gainesville location. This MU-1 zoned parcel offers flexibility for a variety of uses, including multi-family, condominiums, offices, retail, or a small residential housing development (buyer to verify permitted uses). Surrounded by a mix of established residential communities, condominiums, and nearby businesses, the property is well positioned for future growth. Located just off Newberry Road, the site provides convenient access to the University of Florida, shopping, dining, and major roadways. An existing structure is present on the property and would need to be removed, allowing for a cleared site ready for redevelopment. With its central location, zoning flexibility, and proximity to UF and key amenities, this property presents endless possibilities for investors and developers seeking their next project in Gainesville. Buyer to conduct all due diligence regarding zoning, permitted uses, and development potential.
Lot/land
Price cut: $51K (5/12)
$799,000
560 NW 39th Rd, Gainesville, FL 32607
--beds
0baths
2.25Acres
Unimproved Land
Built in ----
2.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Central location
- 162 days |
- 54 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Dawn Johnson 352-514-9508,
FIRST CHOICE REALTY OF NORTH FLORIDA LLC 352-514-9508
Source: Stellar MLS,MLS#: GC536664
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 2.25 Acres
- Features: Buildable, Cleared, City Lot, Level, Near Public Transit, Street Dead-End
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Other
- Parcel number: 06503000000
- Zoning: MU-1
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Capable, Electricity Available, Natural Gas Available, Public, Underground Utilities, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: TWIN PINES
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Tax assessed value: $283,667
- Annual tax amount: $1,085
- Date on market: 1/29/2026
- Cumulative days on market: 162 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $799,000-6% |
Source: | ||
| 1/29/2026 | Listed for sale | $850,000-15% |
Source: | ||
| 7/11/2021 | Listing removed | -- |
Source: | ||
| 4/5/2021 | Price change | $1,000,000+17.6% |
Source: | ||
| 11/21/2020 | Price change | $850,000-15% |
Source: | ||
| 5/23/2020 | Price change | $1,000,000-50% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 4/11/2020 | Price change | $2,000,000+151.6% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 5/25/2019 | Price change | $795,000-6.5% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 6/23/2018 | Price change | $850,000-2.9% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 5/20/2018 | Price change | $875,000+6.1% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 3/12/2018 | Price change | $825,000+6.5% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 2/20/2018 | Price change | $775,000+6.9% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 1/13/2018 | Price change | $725,000-5.2% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 11/3/2017 | Listed for sale | $765,000-3.8% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 8/1/2017 | Listing removed | $795,000-36.4% |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 4/4/2016 | Listing removed | $1,250,000 |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
| 4/1/2016 | Listed for sale | $1,250,000 |
Source: John Merrill Inc Realtors #369925 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,119 +5.1% | $90,330 +2.9% |
| 2024 | $1,065 +4.2% | $87,784 +3% |
| 2023 | $1,022 +0.3% | $85,227 +3% |
| 2022 | $1,019 +2.7% | $82,744 +3% |
| 2021 | $992 +2.5% | $80,334 +1.4% |
| 2020 | $968 +2% | $79,225 +2.3% |
| 2019 | $948 | $77,444 +1.9% |
| 2018 | $948 +9.7% | $76,000 +2.1% |
| 2017 | $864 +0.3% | $74,440 +2.1% |
| 2016 | $862 +1.2% | $72,910 +0.7% |
| 2015 | $852 -2% | $72,410 +0.8% |
| 2014 | $870 -0.4% | $71,840 -73.6% |
| 2013 | $873 | $272,200 -0.2% |
| 2012 | -- | $272,700 +303.5% |
| 2011 | -- | $67,580 -75.7% |
| 2010 | -- | $278,100 -2.6% |
| 2009 | -- | $285,600 -1.3% |
| 2008 | -- | $289,300 +0.3% |
| 2007 | -- | $288,400 +0.9% |
| 2006 | -- | $285,900 +1% |
| 2005 | -- | $283,000 +274.3% |
| 2004 | -- | $75,600 +20.4% |
| 2003 | -- | $62,800 |
| 2002 | -- | $62,800 +1% |
| 2001 | -- | $62,200 +2% |
| 2000 | -- | $61,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32607
Nearby schools
GreatSchools rating
- 7/10Littlewood Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Littlewood Elementary School-AL
- Middle: Westwood Middle School-AL
- High: Gainesville High School-AL
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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Contact agent
- Florida
- Alachua County
- Gainesville
- 32607
- 560 NW 39th Rd