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668 NE 16TH TERRACE Gainesville, FL $ 89,000
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$ 89,000 Get more info
668 NE 16TH TERRACE
$ 89,000
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668 NE 16TH TERRACE

Gainesville, FL, 32641
$ 89,000
Bedrooms4 Baths1.1 Sq 2,640

Monthly Estimate*

$ 548

668 NE 16TH TERRACE, Gainesville, FL 32641 - Image 1
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668 NE 16TH TERRACE, Gainesville, FL 32641 - Image 9
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668 NE 16TH TERRACE, Gainesville, FL 32641 - Image 14
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Single Family Home for sale in Gainesville, FL

for $89,000 with 4 bedrooms and 1 full bath, 1 half bath. This 2,640 square foot home was built in 1948 on a lot size of 0.16.

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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Single Family Active

Price

$ 89,000

Bedrooms

4

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 3,960

Style

Single Family Residence

Lot Size

0.16

Year Built

1948

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

TB8467271
Features
General
Sewer Other
Heating Other
Cooling Other
Utilities Other
Roof Shingle
Appliances None Other
Zoning RC
Construction Materials Stucco
Pets Allowed Yes
Year Built 1948
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 10988-000-000
County Alachua
New Construction false
Property Type Residential
Subdivision Name NEW GV ROSEMARY SUB REP LOTS 14-16
Facing Direction East
Garage Y/N false
Total Rooms 3
Full Baths 1
Status Active
Directions Eastbound on Ne 8th Ave. Cross over Waldo Rd. Make a right hand turn onto Ne 16th Ter. Continue to shell on the right. No sign on properties.
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 6970
Carport Y/N false
Elementary School Marjorie Kinnan Rawlings Elementary School-AL
Land Lease Y/N false
Tax Annual Amount 3960
Middle/Junior High School Westwood Middle School-AL
Property Condition Fixer
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8467271
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 7
Legal Description ROSEMARY PARK PB C-95 LOT 7 BK C OR 5214/3389 & ROSEMARY PARK PB C-95 LOT 6 BK C OR 5036/0539
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 Ceiling Fan(s)
Flooring Other
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features None
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Other
Water Source See Remarks
Lot Size Area 6970
Foundation Details Slab
Spa false
Building Area Total 3280
Lot Size Acres 0.16
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
Number of Lots 2
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Premier Sothebys Intl Realty

Broker

alee.douglass@premiersir.com

Email

Affordability Calculator

$878
Per Month
62%
38%
0%
Monthly Principal & Interest
$548
Monthly Property Taxes
$330
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
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Pricing History
DatePricePrice ChangeDescription
1/22/2026$89,000 Listed Price

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668 NE 16TH TERRACE, Gainesville, FL, 32641 is a Single Family Home for sale at $89,000 with 2,640 sqft and a lot size of 0.16. 668 NE 16TH TERRACE has 4 bedrooms, 1.1 baths, and was built in 1948. The property's zip code is 32641 which is in Gainesville, FL

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