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$140,000 -$5,000 (-3.45%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,170 Sq. Ft.
  • Updated 6 days ago
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Seller Motivated .... GREAT INVESTMENT OPPORTUNITY !!! This 3 Bed, 1 Bath 1,170 sqft. Home is Ready for the right vision, it can be transformed into a comfortable, stylish residence with notable resale value. Being sold as-is. The home features an open concept living/dining/kitchen area with a newer Roof 2022. Outside, a one-car carport provides ample covered parking in a .22-acre lot space It is perfectly situated to enjoy the best of Gainesville, with quick access to UF, lively entertainment, and a variety of great restaurants and shopping. Don't wait! Schedule your showing today and make it yours!

Full Property Details for 1516 NE 5th Pl

General

  • Price: $140,000
  • Taxes: $378 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8428971
  • Updated: 1/12/2026
  • Added to Site: 123 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 7
  • Interior Features: Living Room/Dining Room Combo, Open Floorplan
  • Appliances: Gas Water Heater, Refrigerator
  • Flooring: Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Other

Exterior

  • Exterior Features: Storage

Parking

  • Carports: Yes
  • Carport: 1
  • Carport Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Covered, Driveway

Location

  • Area: 32641 - Gainesville
  • County: Alachua
  • Development Name: 32641 - Gainesville
  • Subdivision: NEW GV WAITS SUB
  • Driving Directions: Head east on NE 8th Ave toward Waldo Rd Greenway-Depot Avenue Rail-Trail Turn right onto NE 15th St Turn left onto NE 5th Pl
  • Direction Faces: South

School Information

  • Elementary School: Marjorie Kinnan Rawlings Elementary School-AL
  • Middle School: Westwood Middle School-AL
  • High School: Gainesville High School-AL

Community

  • Community Name: 32641 - Gainesville

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Water Available

Structural Information

  • Exterior Const.: Stucco
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,170
  • Sq. Ft. Source: Public Records
  • Year Built: 1971

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size: 9583
  • Frontage: Street Paved
  • Street/Road Desc.: Paved
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $378.85
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: WAITES S/D PB A-142 LOTS 9 & 10 BLK 3 LESS E 3.5 FT OF LOT 10 OR 1558/459
  • Flood Zone Info: x
  • APN: 11044000000
  • Property ID: 11044000000
  • Block/Lot/Section: 3

Listed by Florida Homes Realty & Mortgage

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— 1516 NE 5th Pl —

  • Florida Homes Realty & Mortgage

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1516 NE 5th Pl

School District:Alachua County School District
NameGradesDistance
Marjorie Kinnan Rawlings Elementary School, Gainesville, FL
3500 Northeast 15th Street, Gainesville, FL 32609
K-51.9 mi
Westwood Middle School, Gainesville, FL
3215 Northwest 15 Avenue, Gainesville, FL 32605
6-83.9 mi
Gainesville High School
1900 Northwest 13th Street, Gainesville, FL 32609
9-122.4 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 1516 NE 5th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$140,000
-3.45%
MLS
11/07/2025
Price Reduced
$145,000
-3.33%
MLS
10/13/2025
Price Reduced
$150,000
-3.23%
MLS
10/06/2025
Price Reduced
$155,000
-3.12%
MLS
9/18/2025
Listed
$160,000
—
MLS
Get Price Alerts and Save Property
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 for 1516 NE 5th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2024
$379
—
$54,603
3%
2024
$379
1%
$53,064
3%
2023
$375
-11%
$51,518
6%
2021
$423
—
$48,560
-3%
2022
$424
—
$50,017
4%
2021
$423
3%
$47,889
2%
2019
$412
18%
$46,813
2%
2018
$350
—
$45,940
2%
2017
$350
9%
$45,000
1%
2016
$321
-5%
$44,600
-2%
2015
$337
-1%
$45,300
—
2014
$342
-2%
$45,300
-1%
2013
$348
—
$45,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Florida Homes Realty & Mortgage

1516 NE 5th Place, Gainesville, FL 32641 (MLS# TB8428971) is a Single Family property with 3 bedrooms and 1 full bathroom. 1516 NE 5th Place is currently listed for $140,000 and was received on September 18, 2025. Want to learn more about 1516 NE 5th Place? 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.

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