Property Description
Under contract-accepting backup offers. 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 contains a shell, totaling over 2,600 square feet. Building is in need of complete renovation. The owner believes 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. Just off NE Waldo Road, you're about 1.5 miles to downtown Gainesville, Tom Petty Park and close to NE 8th Avenue. Cash only. Lots being sold together (10989-000-000 & 10988-000-000). Buyer to verify zoning and use.
Property Features
Property Type: Residential - Single Family
Cooling: Other
Heating: Other
Lot Size: 0.16 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,960
Year Built: 1948
Square Feet: 2,640
Amenities
Ceiling Fans(s)
Other
Feature Descriptions
Appliances: None, Other
Days on Site: 42
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.
Exterior: Stucco
Flood Zone Code: X
Flooring: Other
Foundation: Slab
Home Warranty Y/N: No
Lot: Paved
Lot Dimensions: 0.16
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Other
Showing Instructions: Call Listing Agent, No Lockbox
Special Sale Provisions: None
Utilities: Other
Water: See Remarks
Water Access Y/N: No
Zoning: RC
Local Schools
High School: Gainesville High School-AL
Middle School: Westwood Middle School-AL
Elementary School: Marjorie Kinnan Rawlings Elementary Scho
Listed By / Shown By
Listed By
Agency Name: PREMIER SOTHEBYS INTL REALTY
Agency Contact: 813-217-5288
Shown By
Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 785.13 per month $429.17 Principal & Interest $330.00 Property Tax $25.96 Homeowner's InsuranceChange Payment Information
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668 NE 16th Terrace | MLS# TB8467271
This single family home located at 668 NE 16th Terrace, Gainesville, FL 32641 is currently listed for sale with an asking price of $89,000. This property was built in 1948 and has 4 bedrooms and 1 full and 1 partial baths with 2640 sq. ft. NE 16th Terrace is located in the NEW GV ROSEMARY subdivision. Search NEW GV ROSEMARY real estate on tiffanym.watsonrealtycorp.com today.