About 20420 Nw 243rd Drive
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 #
Features of 20420 Nw 243rd Drive
| 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 | Pending |
Community Information
| Address | 20420 Nw 243rd Drive |
|---|---|
| Area | High Springs |
| Subdivision | HAMILTON ESTATE |
| City | HIGH SPRINGS |
| County | Alachua |
| State | FL |
| Zip Code | 32643 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Cul-De-Sac |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Days on Market | 49 |
| Zoning | C3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | THE MULTIFAMILY ADVISORS |
|---|