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Active27 days on market
$2,650,000

20420 NW 243RD DRHIGH SPRINGS, FL 32643HAMILTON ESTATE · Multi-Family 5+

21,499Sq ft
6 acLot
1983Built

About this home

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.…

Description as provided by the listing brokerage.

Highlights

  • Shingle
  • Carpet
  • Tile

Open houses

No open houses scheduled.

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The details

StatusActive
MLS #MFRGC541957
Property typeMulti-Family 5+
Year built1983
Lot size6 ac
Living area21,499 sq ft
Price per sq ft$123
Taxes$43,054 (2025)
Stories1
Days on market27
CountyAlachua
Flood zoneX (verify)
ListedJul 13, 2026

Features & property details

Interior

FlooringCarpet, Tile
AppliancesRefrigerator
CoolingCentral Air
HeatingCentral

Exterior & lot

Lot featuresCul-De-Sac
Road surfaceAsphalt

Construction

ConstructionBrick
FoundationSlab
RoofShingle
Living area sourcePublic Records
Building area (sq ft)21,385

Pool & water

Waterfront feet0

Community & HOA

Total monthly fees$0
Total annual fees$0
DevelopmentHamilton Estates
Complex / communityVILLAS-HIGHSPRINGS

Building

Units in building28

Utilities & efficiency

SewerPublic Sewer
Water sourcePublic

Financial & terms

Tax year2,025
Listing termsCash, Other
OwnershipFee Simple
Special conditionsNone
PossessionClose Of Escrow
ZoningC3
MLS area32643 - High Springs

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
HAMILTON ESTATE, Florida

HIGH SPRINGS · Alachua County

MLS# MFRGC541957Listing courtesy of THE MULTIFAMILY ADVISORSLast updated Sep 16, 2026, 2:36 PM
$2,650,00020420 NW 243RD DR · HIGH SPRINGS
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