1040 E University Ave, Gainesville, FL 32601 Property Records

Alachua County property record for 1040 E University Ave, Gainesville, FL 32601

Property Summary

Property TypeRestaurant
Details9 ba · 1,380 sqft · built 1963
Lot Size0.23 acres (10,019 sqft)
OwnerCompany Name on File
Last Sale$166,571 (Mar 2017)
Tax Bill$8,122 (2025)
Deeds & MortgagesJul 2022 Line of Credit
Mar 2017 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN11975-000-000

Property Details

APN / Parcel Number

Primary APN11975-000-000
Alternative APNs
  • 00977990000
  • 1083018

Interior

Full Baths9 Baths
Plumbing Fixtures9 Plumbing Fixtures
Total Rooms4 Rooms
Units100 Units
Stories1 Story
Building Area1,380 sqft Gross Area
1st Floor Area1,380 sqft
FlooringTile
Interior WallsCustom/Decorative

Exterior

Year BuiltBuilt 1963
Effective Year BuiltEffective 2003
Exterior MaterialConcrete Block
Construction TypeMasonry / Concrete Block
Fire ResistanceMasonry Walls, Wood Interior
Roof TypeGambrel
Roof MaterialMetal
Lot Area10,019 sqft (0.23 acres)
DrivewayDriveway
Driveway Area174 sqft
Canopy312 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address1040 E UNIVERSITY AVE
CityGAINESVILLE
StateFL
Zip32601-5616
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Local Zoning CodeU7
Legal DescriptionDOIG/ROBERTSON ADD DB N-486 THOMAS S/D BK 4 RG 2 PB A-85 S 100 FT OF LOTS 3 4 OR 4502/1600
Legal Range20E
Legal Township10S
Legal Section04
Legal SubdivisionDOIG & ROBERTSONS ADDN-W.R.THOMAS
Legal Lot Number3
JurisdictionALACHUA FL
Township / Civil DivisionGAINESVILLE
Census Block Group4
Census Block4028
Census Tract500

Owner

1040 E University Ave, a commercial property, is owned by a company that bought it in March 2017.

Source: Alachua County records, as of April 13, 2026

Owner of RecordCompany Name on File
Mailing Address1326 E LUMSDEN RD, BRANDON, FL 33511-6717
Owner TypeCompany
VestingLimited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jul 27, 2022Deed of Trust, Mortgage · Line of Credit
SOUTH STATE BANK NA
Mar 23, 2017Warranty Deed, Transfer · Line of Credit
DRUMMOND COMMUNITY BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 23, 2017 · Amount on File
Deed SaleMar 23, 2017 · Amount on File
Prior SaleMay 1, 2012
Deed Document Number20173048814
Deed Book / Page4502 / 1600
Record UpdatedOct 29, 2026

July 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionALACHUA FL
Property Address1040 E UNIVERSITY AVE, GAINESVILLE, FL 32601-5616
Transaction TypeMortgage
Record UpdatedAug 25, 2022

Transferred To (Grantee/Buyer)

NameVerified Name
Address1326 E LUMSDEN RD, BRANDON, FL 33511-6717

Mortgage

Document Number0050251555
DateJul 27, 2022
Book Page5025/1555
Instrument3435388
Lender
NameSOUTH STATE BANK NA
TypeBank
AddressPLANT CITY, FL 33563
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

March 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionALACHUA FL
Recording DateMar 23, 2017
Property Address1040 E UNIVERSITY AVE, GAINESVILLE, FL 32601-5616
Document Number0045021600
Book / Page4502 / 1600
Map ReferenceMB A PG85
Instrument DateMar 21, 2017
Instrument3048814
Transaction TypeTransfer
Record UpdatedJul 27, 2022
Title CompanyATTORNEY

Transaction

AmountAmount on Record
Tax$1,166.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address1326 E LUMSDEN RD, BRANDON, FL 33511-6717

Mortgage

Document Number0003048815
DateMar 23, 2017
Instrument3048815
Lender
NameDRUMMOND COMMUNITY BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1040 E University Ave was $8,122, up 14.7% from the year before.

Source: Alachua County assessment roll, as of November 19, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyAlachua County
MunicipalityGainesville City
Unified School DistrictAlachua County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$8,122.00 (+14.69%)$479,397 Land $200,376 Building $279,021$479,397 Land $200,376 Building $679,773
2024$7,082.00 (+22.55%)
2023$5,779.00 (-2.18%)$220,497 (-1.22%) Land $100,188 Building $120,309$220,497 (-1.22%) Land $100,188 Building $120,309
2022$5,908.00$223,223 Land $100,000 Building $123,223$223,223 Land $100,000 Building $123,223

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1040 E University Ave in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective September 3, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims1 (1978)
Most Recent ClaimAug 1978 · tidal / storm surge

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1040 E University Ave is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 94% of Florida
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemGRU - MURPHREE WTP
public/private · serves 195,768 people · EPA ID FL2010946
Water SourceGroundwater
Last State InspectionJun 2024
LeadUnder 1 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting3
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 313 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Cox Communications
Cable · Fiber in parts of the area
2,000 / 100
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30

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