1516 NE 5TH PLACE Gainesville, FL $ 140,000
1516 NE 5TH PLACE
$ 140,000
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1516 NE 5TH PLACE

Gainesville, FL, 32641
$ 140,000
Bedrooms3 Baths1.0 Sq 1,170

Monthly Estimate*

$ 862

1516 NE 5TH PLACE, Gainesville, FL 32641 - Image 1
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1516 NE 5TH PLACE, Gainesville, FL 32641 - Image 12
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Single Family Home for sale in Gainesville, FL

for $140,000 with 3 bedrooms and 1 full bath. This 1,170 square foot home was built in 1971 on a lot size of 0.22.

Seller Motivated .... GREAT INVESTMENT OPPORTUNITY !!! This 3 Bed, 1 Bath 1,170 sqft. Home is Ready for the right vision, it can be transformed into a comfortable, stylish residence with notable resale value. Being sold as-is. The home features an open concept living/dining/kitchen area with a newer Roof 2022. Outside, a one-car carport provides ample covered parking in a .22-acre lot space It is perfectly situated to enjoy the best of Gainesville, with quick access to UF, lively entertainment, and a variety of great restaurants and shopping. Don’t wait! Schedule your showing today and make it yours!

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Single Family Active

Price

$ 140,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 378

Style

Single Family Residence

Lot Size

0.22

Year Built

1971

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

TB8428971

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Electricity Available Water Available
Roof Shingle
Appliances Gas Water Heater Refrigerator
Zoning RC
Construction Materials Stucco
Year Built 1971
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential
Subdivision Name NEW GV WAITS SUB
Facing Direction South
Garage Y/N false
Other Structures Shed(s)
Total Rooms 7
Full Baths 1
Status Active
Directions Head east on NE 8th Ave toward Waldo Rd Greenway-Depot Avenue Rail-Trail Turn right onto NE 15th St Turn left onto NE 5th Pl
High School Gainesville High School-AL
City GAINESVILLE
Senior Community Y/N false
MLS Area 32641 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 9583
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Conventional
Elementary School Marjorie Kinnan Rawlings Elementary School-AL
Land Lease Y/N false
Tax Annual Amount 378.85
Middle/Junior High School Westwood Middle School-AL
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8428971
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 10
Legal Description WAITES S/D PB A-142 LOTS 9 & 10 BLK 3 LESS E 3.5 FT OF LOT 10 OR 1558/459
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
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Interior
Interior Amenities Living Room/Dining Room Combo Open Floorplan
Flooring Carpet Laminate
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Other
Total Bedrooms 3
Total Baths 1
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Exterior
Exterior Amenities Storage
Fencing Fenced
Parking Features Covered Driveway
Water Source Public
Lot Size Area 9583
Foundation Details Other
Building Area Total 1562
Lot Size Acres 0.22
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 1
Road Frontage Type Street Paved
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* Excluded Features
List By
Florida Homes Realty & Mortgage

Broker

Frances.moves.real.estate@gmail.com

Email

Affordability Calculator

$894
Per Month
96%
4%
0%
Monthly Principal & Interest
$862
Monthly Property Taxes
$32
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Gainesville High School-AL High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$140,000 -3.45% Price Down
12/19/2025$145,000 Listed Price

Map


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1516 NE 5TH PLACE, Gainesville, FL, 32641 is a Single Family Home for sale at $140,000 with 1,170 sqft and a lot size of 0.22. 1516 NE 5TH PLACE has 3 bedrooms, 1.0 baths, and was built in 1971. The property's zip code is 32641 which is in Gainesville, FL