668 Northeast 16th Terrace

Gainesville, FL 32641

$159,900
Price
4
Beds
1
Bath
1
1/2 Bath
2,560 Sq. Ft.
$62 / Sq. Ft.
2,560
Sq. Ft.
$62
per Sq. Ft.

Description

Investor opportunity. This 2,600 square foot range "shell" is being offered for sale with the lot that borders the property on the North side. Current owner originally had ideas to convert this structure into a duplex. Though not currently reflected on the County Property appraiser site, owner had talks with the City of Gainesville. They were reportedly amenable to putting multi-family or single family homes with Adu's on both lots. For an experienced investor, the shell is worth it to keep. Beyond...Investor opportunity. This 2,600 square foot range "shell" is being offered for sale with the lot that borders the property on the North side. Current owner originally had ideas to convert this structure into a duplex. Though not currently reflected on the County Property appraiser site, owner had talks with the City of Gainesville. They were reportedly amenable to putting multi-family or single family homes with Adu's on both lots. For an experienced investor, the shell is worth it to keep. Beyond that, it will truly be a full renovation/restoration job. There is opportunity here for someone with vision, know how, & resources. Seller highly prefers to sell the lot with the shell & the adjoining lot together, but if sold separately, he is asking 134,900 for the lot with the shell & 24,900 for the lot bordering on the North. Call for more information & to discuss. Seller is an experienced investor. Do not be afraid to make reasonable offers. Keep in mind seller is motivated, but not desperate or a fool. Let's make a win/win happen with this opportunity. Call today to discuss. (Seller is not willing to consider owner financing at this time.) Cash only.
  1. Listed by Shawn Hicks • ENGEL & VOLKERS GAINESVILLE
  2. Listed by Kimberley Brown • ENGEL & VOLKERS GAINESVILLE

Property Details for 668 Northeast 16th Terrace

Subdivision Name
NEW GV ROSEMARY SUB REP
Township
10
Waterfront
No
LISTING UPDATED: 11/25/2024 03:21 AM

Property Details for 668 Northeast 16th Terrace

StatusActive
MLS #GC526472
Days on Market1
Taxes$3,132 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.16 AC / 6,970 SF
CountyAlachua County

Building Information for 668 Northeast 16th Terrace

Stories2Year Built1948Building Size-Lot Size0.16 AC / 6,970 SF

Property Information for 668 Northeast 16th Terrace

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2640.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: Ne 8th Ave Eastbound across Waldo Rd. Turn right once you come to Ne 16th Ter. Continue to the property on the right. Sign will likely be out front.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 668
  • Street Direction Prefix: NE
  • Street Name: 16TH
  • Street Suffix: TERRACE
  • State: FL
  • City: GAINESVILLE
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: C-95
  • Tax Legal Description: ROSEMARY PARK PB C-95 LOT 7 BK C OR 4291/0096
  • Tax Lot: 7
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 10988-000-000
  • Additional Parcels: Yes
  • Parcel Number: 10989-000-000
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: RC
  • Living Area: 2560
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Condition: Fixer
  • Public Survey Range: 20
  • Public Survey Section: 3
Utilities
  • Sewer: Other
  • Utilities: Electricity Available
  • Water Source: See Remarks
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: Two
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 4
  • Bathrooms Full: 1
  • Appliances: None
  • Cooling: None
  • Fireplace: No
  • Flooring: Wood
  • Heating: Other
  • Interior Features: Accessibility Features
  • Laundry Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: No
  • Bathrooms Half: 1
Room 1
  • Room Dimensions 1: 11x13
  • Room Flooring 1: Wood
  • Room Length 1: 13.0
  • Room Level 1: Second
  • Room Type 1: Primary Bedroom
  • Room Width 1: 11.0
Room 2
  • Room Dimensions 2: 9x11
  • Room Length 2: 11.0
  • Room Level 2: Second
  • Room Type 2: Bedroom 1
  • Room Width 2: 9.0
Room 3
  • Room Dimensions 3: 6x7
  • Room Length 3: 7.0
  • Room Level 3: Second
  • Room Type 3: Bathroom 1
  • Room Width 3: 6.0
Room 4
  • Room Dimensions 4: 7x11
  • Room Length 4: 11.0
  • Room Level 4: First
  • Room Type 4: Kitchen
  • Room Width 4: 7.0
Room 5
  • Room Dimensions 5: 10x13
  • Room Length 5: 13.0
  • Room Level 5: First
  • Room Type 5: Living Room
  • Room Width 5: 10.0

Property History for 668 Northeast 16th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 668 Northeast 16th Terrace

Taxable ValueLand$13,000Additions$116,624Total$129,624
Tax Record2023$3,132 ($261 / month)
Home Facts
Beds4Total Finished SqFt2,560 SqFtAbove Grade Finished SqFt2,560 SqFtStories2Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1968ZoningRCCountyALACHUAAPN10989-000-000

Schools near 668 Northeast 16th Terrace

This home is within Alachua.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 8 to 12
Rating
School
Distance
Marjorie Kinnan Rawlings Elementary School
PublicPK to 5

Westwood Middle School
Public6 to 8

Gainesville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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668 Northeast 16th Terrace is a single family home for sale in Gainesville, FL 32641. This property was listed for sale on November 24, 2024 by ENGEL & VOLKERS GAINESVILLE, it's currently listed at $159,900. It has been on the market for a total of 1 days and was last sold on February 16, 2022. This listing's school district is Alachua. Nearby schools include Marjorie Kinnan Rawlings Elementary School, Westwood Middle School and Gainesville High School. 668 Northeast 16th Terrace is a 4-bed, 1.5-bath, 2,560 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ENGEL & VOLKERS GAINESVILLE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.