Excellent investment opportunity in a desirable Gainesville location, approximately one mile from the University of Florida. This 0.66-acre vacant parcel offers the potential for a multifamily residential development with an approved site plan for a four-story apartment building featuring 28 one- and two-bedroom units. The site plan was approved in January 2026, and construction documents are pending review with the City of Gainesville Building Department. Conveniently located near UF, shopping, dining, and major roadways, this property presents an opportunity for investors and developers looking to expand their portfolio in the Gainesville market. Landscaping plan has been approved and tree mitigation fee has been paid. Bring your builder and take advantage of the existing development plans to move forward with this project, subject to obtaining the required construction permit.