Overview
Description
This is 10 minutes north of Gainesville, FL in High Springs, which was named the “Friendliest Small Town” by Florida Magazine and has a $94,421 median household income. The property is consistently fully leased. All single story, with parking directly in front of the units.
There are 7-1BR/1BA, 17-2BR/1BA and 4-3BR/1BA. Average in place rent is $960/month. One of the five bldgs had the roof replaced in 2025 (cost of $30k).
Total property is 6 acres and leaves room to add an additional 44 units. In addition to these 28 units, the same owner is selling 2 quadruplex buildings about 2 miles away. See MLS #
Virtual Tour
Address
- Street20420 243RD
- CityHigh Springs
- SubdivisionHAMILTON ESTATE
- CountyAlachua
- StateFL
- Zip32643
- MLS #GC541957
Interior
- AppliancesRefrigerator
- Bathrooms Total Integer0
- CoolingCentral Air
- CoolingYes
- FlooringCarpet, Tile
- HeatingCentral
- HeatingYes
- Living Area21,499
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
Exterior
- Lot FeaturesCul-De-Sac
- Lot Size Acres6
- Lot Size Area6
- Lot Size Square Feet261,360
- Lot Size UnitsAcres
- Road Frontage TypeCity Street
- Road Surface TypeAsphalt
- RoofShingle
Structure
- Building Area Total21,385
- Construction MaterialsBrick
- Foundation DetailsSlab
- Number Of Buildings5
- Number Of Units Total28
- Stories Total1
- Year Built1983
Utilities
- SewerPublic Sewer
- Water SourcePublic
Financial
- Cap Rate7
- Parcel Number00217001000
- Tax Annual Amount43,054
- Tax Book NumberC-10
- Tax Legal DescriptionHAMILTON ESTATES PB C-10 COM SW COR LOT 13 RUN E 50 FT S 20 FT E ALONG N R/W PONCE DE LEON DRIVE 237.38 FT TO POB N 368.17 FT E 591.63 FT S 368.17 FT W 591.63 FT TO POB OR 4693/1353
- Tax Lot13
- Tax Year2025
- ZoningC3
Location
- CountryUnited States
- County Or ParishAlachua
- DirectionsFrom I-75 and US 441, head north on 441 towards High Springs. Turn right on NW 204th Avenue, just past the Winn-Dixie. Subject property will be on the left.
- Latitude30
- Longitude-83
- MLS Area Major32643 - High Springs
- Postal Code32643
- Street Direction PrefixNW
- Street Name243RD
- Street Number20420
- Street Number Numeric20,420
- Street SuffixDRIVE
- Subdivision NameHAMILTON ESTATE
- Unparsed Address20420 NW 243RD DRIVE
Listing Info
- Contract Status Change DateJuly 17, 2026
- Cumulative Days On Market27
- Days On Market27
- List AORGainesville-Alachua
- List Agent AORGainesville-Alachua
- List Agent Email[email protected]
- List Agent Full NameBeau Beery
- List Agent Key19a740c77a055448d5c841f636f0c39f
- List Agent MLS ID60401789
- List Agent Preferred Phone352-871-8324
- List Office Keyc0cf8a3e5be5e38955c11c6b736b5362
- List Office MLS ID259508744
- List Office NameTHE MULTIFAMILY ADVISORS
- List Office Phone352-871-8324
- List Price2,650,000
- Listing Contract DateJuly 14, 2026
- Listing IDGC541957
- Listing Keye55dda88116d94a080c94b55fa9e3f4d
- Listing TermsCash, Other
- MLS StatusActive
- Modification TimestampSeptember 16, 2026
- On Market DateJuly 17, 2026
- Original Entry TimestampJuly 17, 2026
- Original List Price2,650,000
- Originating System Keystellar
- Originating System NameStellar MLS
- OwnershipFee Simple
- Photos Change TimestampJuly 17, 2026
- Photos Count18
- Source System Key800001967
- Special Listing ConditionsNone
- Status Change TimestampSeptember 16, 2026
Features & Amenities
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- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Beau Beery
Listing Agent · THE MULTIFAMILY ADVISORS
Get in touch
Office · 352-871-8324
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