735 E University Ave

About This Home

Experience refined living in this beautifully restored historic residence, ideally situated in Gainesville’s distinguished Bed & Breakfast district. This multi-family zoned property offers seven bedrooms and five bathrooms across more than 4,131 square feet of thoughtfully updated living space. Recent upgrades include central HVAC installation on the second and third floors, mini-split units on the first floor, updated electrical systems, a new roof, fresh interior and exterior paint, and a newly rebuilt front patio. Upon entry, you are greeted by original hardwood flooring, an elegant grand staircase, and a welcoming foyer that flows into a spacious living room featuring a historic fireplace. Separated by a classic pocket door, the dining room leads into a fully renovated kitchen equipped with new stainless steel appliances, shaker-style cabinetry, and a modern backsplash. The first floor also includes a private studio apartment or bedroom with its own original fireplace, an updated bathroom, a patio, and an efficiency kitchen. The second floor features an air-conditioned enclosed patio, two bedrooms, and a primary suite with an attached bathroom. This level has been enhanced with the addition of a new bathroom and laundry room. The third floor offers a full studio apartment with a complete kitchen, bathroom, and ample space for both a sitting area and bedroom setup. An additional highlight is the detached cottage, currently undergoing final renovations. Upon completion, it will feature a modernized kitchen and bathroom, fresh paint, a new roof (pending historic approval), and a mini-split air-conditioning system. The cottage may accommodate both first- and second-floor bedrooms, offering excellent flexibility with the ability to function as up to four separate units, this property presents exceptional income-generating potential. Remaining renovations are minimal and focused on preserving the home’s historic character. Please contact us for full details. Terms:?First month’s rent, last month’s rent, and a security deposit equal to one month’s rent are required. No pets permitted. Location:?735 E University Ave sits within Alachua County’s 32601 ZIP code and is served by the Alachua attendance zone. Neighborhood:?Downtown Gainesville offers a vibrant and walkable lifestyle, enhanced by beautiful weather and proximity to the University of Florida. The area features wide sidewalks, bike lanes, and unique group “fun bikes” that create a lively atmosphere. Residents enjoy numerous walking tours, pub crawls, restaurant experiences, festivals, and live music venues. Highlights include outdoor performances at Bo Diddley Plaza, shows at the renowned Hippodrome Theatre, and concerts at the Florida Theatre, as well as the popular weekly farmers market and the annual Downtown Festival & Art Show.