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Property Description
Investor Alert! Fixer-Upper in Historic Duckpond! 1212 NE 5th Terrace, Gainesville, FL 32601 Calling all investors and renovators-this is your chance to own a prime fixer-upper in the heart of Gainesville's highly sought-after Duckpond Historic District! This property at 1212 NE 5th Terrace offers tons of potential and is ready for a full transformation. With the opportunity to convert the existing layout into a 3-bedroom, 2-bathroom home, you can significantly boost both the profit margins and market appeal. Surrounded by tree-lined streets and charming historic homes, this investment sits in one of Gainesville's most walkable and picturesque neighborhoods. Just minutes from downtown Gainesville, the University of Florida, UF Health/Shands, parks, shops, and restaurants, the location alone makes this a rare find. This home needs work and is priced accordingly-perfect for investors looking to flip or hold as a high-demand rental. Don't miss your opportunity to restore and reimagine this hidden gem in the iconic Duckpond community. Schedule your showing today and bring your vision to life!
Full Property Details
Full Property Details for 1212 NE 5 Terrace
General
- Sold For: $218,000
- Taxes: $184 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC531306
- Added to Site: 235 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 6
- Interior Features: Other
- Appliances: Other
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: ELLIOT & LENGLE ADDN-HIGHLAND HEIGHTS
- Driving Directions: Starting at N Main St and NE 16th Ave. Head east to NE 16th Ave. Turn right onto NE 6th Terrace. Turn right onto NE 8th St. Turn left onto NE 5th Ter. Property on the right.
- Direction Faces: East
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Block
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,404
- Sq. Ft. Source: Public Records
- Living Area: 1,404 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $184
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HIGHLAND HEIGHTS PB B-9 LOT 14 & S 34 1/2 FT OF LOT 15 BK D OR 956/36 & OR 1806/1759
- Flood Zone Info: X
- APN: 10293000000
- Property ID: 10293000000
Listed by Real Broker, Llc
Sold by Real Broker, Llc
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Schools
Schools serving 1212 NE 5 Terrace
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
W. A. Metcalfe Elementary School 1250 Northeast 18th Avenue, Gainesville, FL 32609 | K-5 | 0.8 mi |
Howard W. Bishop Middle School 1262 Northwest 31 Drive, Gainesville, FL 32605 | 6-8 | 3 mi |
Eastside High School 1201 Southeast 43rd Street, Gainesville, FL 32641 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1212 NE 5 Terrace
Date
Details
Price
Change
Source
9/01/2025
Sold
$218,000
-27.33%
MLS
5/29/2025
Listed
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1212 NE 5th Terrace, Gainesville, FL 32601 (MLS# GC531306) is a Single Family property that was sold at $218,000 on September 01, 2025. Want to learn more about 1212 NE 5th Terrace? 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.
