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668 NE 16th Terrace, Gainesville, FL 32641

Local realty services provided by:CENTURY 21 SUNBELT REALTY
668 NE 16th Terrace,Gainesville, FL 32641
$89,000
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  • 4 Beds
  • 2 Baths
  • 2,640 sq. ft.
  • Single family
  • Active
Listed by: alee douglass
Office: premier sothebys intl realty
MLS#:TB8467271
Source:MFRMLS

Price summary

  • Price:$89,000
  • Price per sq. ft.:$27.13

About this home

Unique investor opportunity. This is your chance to purchase two lots combined totaling 0.32 acres. The first lot is vacant land, ready for your vision to come to life. The second lot is contains a shell, totaling over 2,600 sf ft. Building is in need of a complete renovation. 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. This is your chance to invest in the Gainesville market at an incredible price. Located just off NE Waldo Rd, you're about 1.5 miles to downtown Gainesville, Tom Petty Park, and close to NE 8th Ave. Cash only. Lots being sold together (10989-000-000 & 10988-000-000). Buyer to verify zoning and use.

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Home facts

  • Year built:1948
  • Listing ID #:TB8467271
  • Added:8 day(s) ago
  • Updated:January 30, 2026 at 06:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Living area:2,640 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:2,640 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Gainesville High School-AL
  • Middle school:Westwood Middle School-AL
  • Elementary school:Marjorie Kinnan Rawlings Elementary School-AL

Finances and disclosures

  • Price:$89,000
  • Price per sq. ft.:$27.13
  • Tax amount:$3,960 (2025)
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