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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.

Features
Other, None
No
Other, None
Other
Hardwood
Thermostat
Other
Other
Other
Other
Address Map
FL
Alachua
GAINESVILLE
32641
668 NE 16TH TERRACE
0
W83° 41' 45.1''
N29° 39' 31.1''
East
Eastbound on Ne 8th Ave. Cross over Waldo Rd. Make a right hand turn onto Ne 16th Ter. Continue to shell on the right. Listing sign is out front.
NEW GV ROSEMARY SUB REP
Additional Info
ENGEL & VOLKERS GAINESVILLE
Shawn Hicks
Block, Concrete
21
Slab, Block
Two
259503386
264000987
Cash
No
2
$3,132
2023
See Remarks
RC
12/17/2024 00:55:53
259504994
$0

668 NE 16TH TERRACE, GAINESVILLE, Florida 32641

668 NE 16TH TERRACE, GAINESVILLE, Florida 32641

4 Bedrooms
1 Bathrooms
2,560 Sqft
$124,900
Listing ID #GC526898
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : GC526898
Price : $124,900
Bedrooms : 4
Rooms : 9
Bathrooms : 1
Half Bathrooms : 1
Square Footage : 2,560 Sqft
Year Built : 1948
Lot Area : 6,970 Sqft
Standard Status : Active
Bathrooms Total : 1.5
Building Area : 2,640 Sqft
MLS Status : Active
Property Type : Single Family Residence
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