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.
Property Details
Price:
$134,900
MLS #:
GC526898
Status:
Active
Beds:
4
Baths:
1.5
Address:
668 NE 16TH TERRACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
NEW GV ROSEMARY SUB REP
Neighborhood:
32641 – Gainesville
City:
GAINESVILLE
Listed Date:
Dec 16, 2024
State:
FL
Finished Sq Ft:
2,640
Total Sq Ft:
2,640
ZIP:
32641
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1948
Schools
Interior
Appliances
None, Other
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Flooring
Hardwood
Heating
None, Other
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Other
Roof
Other
Financial
Tax Year
2023
Taxes
$3,132
Map
Community
- Address668 NE 16TH TERRACE GAINESVILLE FL
- SubdivisionNEW GV ROSEMARY SUB REP
- CityGAINESVILLE
- CountyAlachua
- Zip Code32641
Similar Listings Nearby
- 668 & 670 NE 16TH TERRACE
GAINESVILLE, FL$159,900
0.00 miles away
- 2024 NE 16TH TERRACE
GAINESVILLE, FL$159,000
0.88 miles away
- 2203 NE 8TH AVENUE
GAINESVILLE, FL$150,000
0.50 miles away
- 2208 NE 16TH TERRACE
GAINESVILLE, FL$149,900
1.01 miles away
- 3015 NE 13TH DRIVE
GAINESVILLE, FL$149,000
1.55 miles away
- 648 NE 15TH STREET
GAINESVILLE, FL$148,500
0.12 miles away
Courtesy of ENGEL & VOLKERS GAINESVILLE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
668 NE 16TH TERRACE
GAINESVILLE, FL
LIGHTBOX-IMAGES