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Property Description
Welcome to a property that doesn't quite fit in a box-and honestly, that's the best part. 1032 NW 40th Ave isn't just a home... it's an opportunity waiting for the right kind of buyer to recognize it. Right now, it's successfully operating as both an Airbnb and a midterm rental, which means it's already proven itself as an income-producing asset. Whether you're looking to continue that momentum or pivot into something new, the groundwork is here. If you've been searching for your first home and everything feels either too "cookie cutter" or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you're an investor looking for your next income stream, or a buyer who wants more than just a place to live... this property gives you room to think bigger.
Full Property Details
Full Property Details for 1032 NW 40 Ave
General
- Price: $149,900
- Taxes: $1,786 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC539805
- Updated: 4/26/2026
- Added to Site: 5 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Primary Bedroom Main Floor
- Appliances: Dishwasher, Dryer, Microwave, Range, Washer
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Laundry Room, Outside
Exterior
- Exterior Features: Private Mailbox, Private Yard
Location
- Area: 32609 - Gainesville
- County: Alachua
- Development Name: 32609 - Gainesville
- Subdivision: OAK HILL
- Driving Directions: Take NW 39th to NW 10th St. Turn onto NW 10th Street, then turn L onto NW 40th Ave. The house will be on the right.
- Direction Faces: South
Community
- Community Name: 32609 - Gainesville
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Other
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 423
- Sq. Ft. Source: Public Records
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size: 5227
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,786.47
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: OAK HILL PB A-167-168 LOTS 39 40 BK E LESS N 210 FT OF E 315 FT OF SE1/4 OF SW1/4 OF SW1/4) OR 4984/2484
- Flood Zone Info: X
- APN: 8070000000
- Property ID: 8070000000
Listed by Anson Properties Llc
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Schools
Schools serving 1032 NW 40 Ave
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Stephen Foster Elementary School, Gainesville, FL 3800 Northwest 6th Street, Gainesville, FL 32609 | K-5 | 0.3 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 2.7 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1032 NW 40 Ave
Date
Details
Price
Change
Source
4/25/2026
Listed
$149,900
99.87%
MLS
3/04/2022
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1032 NW 40 Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,780
—
$75,536
-1%
2024
$1,780
—
$76,079
1%
2023
$1,785
118%
$75,472
204%
2022
$817
-1%
$24,787
1%
2021
$823
1%
$24,424
3%
2019
$818
14%
$23,760
3%
2018
$720
-3%
$23,100
-2%
2017
$744
9%
$23,600
6%
2016
$685
-2%
$22,300
—
2015
$696
-2%
$22,300
-1%
2014
$710
—
$22,600
—
2013
$712
—
$22,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1032 NW 40 Ave
1032 NW 40th Avenue, Gainesville, FL 32609 (MLS# GC539805) is a Single Family property with 1 bedroom and 1 full bathroom. 1032 NW 40th Avenue is currently listed for $149,900 and was received on April 25, 2026. Want to learn more about 1032 NW 40th Avenue? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
