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$2,650,000 - 20420 Nw 243rd Drive, HIGH SPRINGS

-
Bedrooms
-
Baths
21,499
SQ. Feet
6
Acres

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 #

Essential Information

  • MLS® #:
    GC541957
  • Price:
    $2,650,000
  • Square Footage:
    21,499
  • Acres:
    6.00
  • Year Built:
    1983
  • Type:
    Commercial Sale
  • Sub-Type:
    Multi Family (5+)
  • Status:
    Active

Community Information

  • Address:
    20420 Nw 243rd Drive
  • Area:
    High Springs
  • Subdivision:
    HAMILTON ESTATE
  • City:
    HIGH SPRINGS
  • County:
    Alachua
  • State:
    FL
  • Zip Code:
    32643

Interior

  • Appliances:
    Refrigerator
  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Lot Description:
    Cul-De-Sac
  • Roof:
    Shingle
  • Foundation:
    Slab

Additional Information

  • Days on Market:
    13
  • Zoning:
    C3

Listing Details

  • Listing Office:
    The Multifamily Advisors

Listing information courtesy of The Multifamily Advisors.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on August 1st, 2026 at 2:37am EDT.