3402 SW 27th Street

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Address: 3402 SW 27th St, Gainesville, FL 32608, USA
Florida & Gulf Coast + Land/Development
Created date: February 16, 2026
Date last updated: October 2, 2026
Price: $1,800,000Investment Analyzer NEW!
  • 3.87± acres positioned for multifamily development
  • Less than 1 mile from the University of Florida
  • Minutes from Butler Plaza & Celebration Pointe, offering extensive retail, dining and entertainment
  • Approx. 1.8 miles to I-75 with regional connectivity
  • Conceptual plans available for a potential 71-unit / 264-bedroom multifamily community
  • Strong location for student, workforce or conventional multifamily housing
  • Well-rounded location with everyday essentials, dining, fitness, shopping and employment nearby

Property Description

This 3.87± acre multifamily development opportunity is located in one of Gainesville’s most sought-after residential corridors. Less than one mile south of the University of Florida, the property offers exceptional proximity to the university, major employment centers, dining, shopping, and entertainment. Butler Plaza, one of North Central Florida’s largest retail destinations, is nearby, while Celebration Pointe adds an extensive mix of retail, restaurants, entertainment, and lifestyle amenities. With I-75 approximately 1.8 miles away, the site provides convenient access to Gainesville and the broader North Central Florida region, creating a complete renter lifestyle with dining, groceries, fitness, shopping, and employment nearby. The property is ideally suited for multifamily development and offers an opportunity for developers to capitalize on strong demand for housing near UF and Gainesville’s major commercial destinations. Conceptual development plans are available, illustrating a potential 71-unit, 264-bedroom multifamily community with ample parking. The plans provide a valuable starting point for a future developer while allowing flexibility to pursue a project that aligns with current market conditions, financing, and development objectives.
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Broker Details

Brian Oen, SIOR
Brian Oen, SIOR

Lee & Associates Gainesville 352-420-9889

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $1,800,000
Lot Size: 3.87 Acres
Opportunity Zone: No
Property Website Click Here
Address: 3402 SW 27th Street, Gainesville, FL 32608, USA
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