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668 NE 16th Terrace

Gainesville, FL 32641
  • $124,900
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: GC526898
Price Reduced
UPDATED: 26 min ago
$124,900
  • 4
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 2,560
    SQFT
  • $49
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1948
County:
Area:

School Ratings & Info

Description

(Price improved to 124,900 1/6/25) Investor opportunity. Over 2,600 square foot "shell" to work with. Needs a complete renovation. This is likely ideal for an experience investor with a renovation crew in place & or a very experienced owner occupant looking to gain some equity. The current owner thinks the most ideal use would be to convert to an upstairs/downstairs duplex. It is recommended you discuss the options with the City of Gainesville. Though the property is zoned residential, the owner was given feedback that they would likely approve a few multi family options. If you do your homework on the area, you will observe several new construction homes as investors & owner occupants are investing in this community within Gainesville. Reach out to listing agent or your current Realtor for additional info.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-01-16T08:48:33.437.
www.teamsaveelanace.com/homes/158831175
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668 NE 16th Terrace Gainesville, FL 32641

  • Price: $124,900
  • Status: Active
  • On Site: 30 Days
  • Updated: 26 min ago
  • MLS #: GC526898
4
Beds
1
Baths
1
½ Baths
0.16
Acres
2,560
SQFT
$49
$/SQFT
1948
Built
Neighborhood:
New Gv Rosemary Sub Rep
County:
Alachua
Area:
Gainesville
Property Description
(Price improved to 124,900 1/6/25) Investor opportunity. Over 2,600 square foot "shell" to work with. Needs a complete renovation. This is likely ideal for an experience investor with a renovation crew in place & or a very experienced owner occupant looking to gain some equity. The current owner thinks the most ideal use would be to convert to an upstairs/downstairs duplex. It is recommended you discuss the options with the City of Gainesville. Though the property is zoned residential, the owner was given feedback that they would likely approve a few multi family options. If you do your homework on the area, you will observe several new construction homes as investors & owner occupants are investing in this community within Gainesville. Reach out to listing agent or your current Realtor for additional info.
Exterior Features

Carport Yn No Construction Materials BlockConcrete Direction Faces East Exterior Features Other Foundation Details BlockSlab Pool Private Yn No Road Surface Type Other Roof Other Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances NoneOther Building Area Total 2640 Cooling None Cooling YN No Fireplace Yn No Flooring Hardwood Heating NoneOther Heating YN Yes Interior Features Thermostat Laundry Features Other Levels Two Rooms Kitchen Primary Bedroom (Coat Closet) Bedroom 2 (Coat Closet) Bedroom 3 (Coat Closet) Bathroom 1 Living Room Dining Room Utility Room Great Room Sewer Other Stories Total 2 Water Source See Remarks

Property Features

Association Approval Required Yn No Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3131.79 Total Annual Fees 0 Total Monthly Fees 0 Utilities Other Zoning RC


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of ENGEL & VOLKERS GAINESVILLE: 352-672-6325.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-01-16T08:48:33.437.
 
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7584 NW 4th Blvd
Gainesville FL, 32607