$112,0000.17 mi
1516 NE 5th PlaceGainesville, FL, 32641Sold Jul 17, 20263 beds1 baths1,170 sqft
668 NE 16th TerraceGainesville, FL, 32641
4beds
2baths
2,640sqft
Single Family Residence
Built in 1948
$70,000
Sold
- Price per sqft
- $27
- Sold on
- Mar 6, 2026
MLS #TB8467271Updated Mar 10, 2026
About this property
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.
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Property details
- Property type
- Single Family Residence
- Street address
- 668 NE 16th Terrace
- City
- Gainesville
- State
- FL
- ZIP code
- 32641
- Year built
- 1948
- New construction
- No
- Faces
- East
- Rooms
- 3
- Living area
- 2,640 sqft
- Total building area
- 3,280 sqft
- Levels
- Two
- Property condition
- Fixer
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at November 7, 2026 at 8:45 PM ESTPrice & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| SoldMLS #TB8467271 | $70,000 | Not applicable | |
| Listed for saleMLS #TB8467271 | $89,000 | Not applicable | |
| SoldMLS #GC502205 | $135,000 | Not applicable | |
| Listed for saleMLS #GC502205 | $130,000 | Not applicable |
History may be incomplete.
Location
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