$1,483

closing credit¹

668 NE 16th Ter Gainesville, FL 32641

$124,900
4 beds
1 full, 1 partial
2,560 sqft
0.2 acres
$49 / sqft
House

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

Home typeSingle Family Residence
HeatingNone, Other
StatusActive
Size2,560 sqft
Lot size0.16 Acres
Year built1948
MLS #GC526898

Virtual tour

Summary

  • MLS Number: GC526898
  • MLS Name: MFRMLS
  • Office Name: ENGEL & VOLKERS GAINESVILLE
  • Office Phone: (386) 623-2806
  • Listing Agent: Shawn Hicks

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:19:51 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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Price information

Property sales

DateEventPrice
Feb 22, 2022
Home Sold
$135,000
Jul 22, 2014
Home Sold
$16,000
Jul 11, 2007
Home Sold
$74,900

Tax history

YearAssessmentProperty 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

1

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,444. Most Gainesville, FL residents have annual incomes less than $<35k. Residents typically live in single, with kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

65%
<35k
34%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

38%
Single, No Kids
39%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

28%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • PontiacPontiac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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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 16 listings in Gainesville, FL in January 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 94 were sold below. In January 2025 in Gainesville, FL there were 0.9% more homes for sale than in December. In January 2025 median list price was $315,910 and the average listing age was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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