$124,900 for Sale

668 ne 16th terrace , gainesville, FL 32641

Beds 4 Baths 2 2,560 Sqft 0.16 Acres 1 of 7
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.
General Information
Sale Price: $124,900
Price/SqFt: $49
Status: Active
MLS#: GC526898
City: gainesville
Post Office: gainesville
County: Alachua
Subdivision: new gv rosemary sub rep
Acres: 0.16
Bedrooms:4
Bathrooms:2   (1 full, 1 half)
House Size: 2,560 sq.ft.
Acreage: 0.16 est.
Year Built: 1948
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road:  Other
Garage:  No
Construction:  Block, Concrete
Exterior Misc:  Other
Basement:  No
Foundation :  Block, Slab
Appliances:  None, Other
Cooling:  None
Heating:  None, Other
Waste:  Other
Watersource:  See Remarks
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $3,132
Legal Description:  ROSEMARY PARK PB C-95 LOT 7 BK C OR 4291/0096


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Shawn Hicks of ENGEL & VOLKERS GAINESVILLE, Phone: 352-672-6325
(218) 428-5652 Call Mike Johnson for more information about this property.

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This Home located at
668 ne 16th terrace, gainesville FL 32641
is currently for sale priced at $124,900 and was listed on December, 16, 2024 and has been on the market for 140 days and was last updated on January, 07, 2025.

668 ne 16th terrace has 4 bedrooms, 2 bathrooms, and approximately 2,560 square feet. with 0.16 acres and was built in 1948. 668 ne 16th terrace is in the 32641 ZIP Code area of gainesville.

If you have any question about this property or any others, please don't hesitate to contact me.