#GC521264, Joe McKiernan, Listing Office: ARISTA REALTY
668 NE 16th Ter Gainesville, FL 32641
Property details
About 668 NE 16th Ter
(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.
Highlights
Virtual tour
Summary
- MLS Number: GC526898
- MLS Name: MFRMLS
- Office Name: THOMAS LYNNE REALTY GROUP LLC
- Office Phone: (386) 623-2806
- Listing Agent: Shawn Hicks
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Last updated on: 3/9/2025, 11:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$124,900
668 NE 16th Ter
$1,483
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 22, 2022 | Home Sold | $135,000 |
Jul 22, 2014 | Home Sold | $16,000 |
Jul 11, 2007 | Home Sold | $74,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $129,624 | $3,131 |
2022 | $94,803 | $1,748 |
2021 | $51,406 | $1,748 |
2019 | $46,465 | $1,396 |
2018 | $43,300 | $1,144 |
2017 | $38,400 | $1,075 |
History based on county public records data.
Nearby schools
2
W.A. Metcalfe Elementary School
Public District KG-5
0.8 mi
•1250 NE 18th Ave
4
Joseph Williams Elementary School
Public Magnet KG-5
1.0 mi
•1245 SE 7th Ave
7
Boulware Springs Charter
Public Charter KG-5
1.0 mi
•1303 NE 23rd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,444. The majority of Gainesville, FL residents have income less than $<35k annually. The most common type of family is single, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 668 NE 16th Ter
This home is located at 668 NE 16th Ter in Gainesville, FL and zip code 32641 in the Eastside / Northeast Gainesville neighborhood. This 2,560 square foot home, which was built in 1948, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $124,900.
While more than 17 listings in Gainesville, FL in February 2025 were sold above asking price, there were more than 30 listings sold at asking price, and more than 84 were sold below. The number of homes for sale in Gainesville, FL increased by 11.2% between January and February 2025. The median list price of listings available in February 2025 was $316,141, while the average time on the real estate market was 80 days.