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$418,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,520 Sq. Ft.
  • Updated 5 days ago
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Under contract-accepting backup offers. Welcome home to this beautifully designed 3 bedroom, 2 bath residence located in highly sought after Oakmont. This home features an open-concept floor plan ideal for both everyday living and entertaining. The light-filled living room offers generous space and an elegant tray ceiling. The show stopping kitchen displays beautiful granite countertops and stainless steel appliances anchored with a convenient pantry. The split floor plan provides privacy with a large and bright owner's suite featuring a custom walk-in closet, double vanities and a luxurious walk-in shower with dual shower heads. Guest bedrooms are exceptionally spacious making them perfect for family, guests or a home office. Additional highlights include an indoor laundry room, detached two-car garage and thoughtfully designed outdoor living spaces complete with an outdoor shower and fire pit for year-round Florida living. Residents of Oakmont enjoy resort-style neighborhood amenities including a massive pool with lap lanes and play area, pickleball, tennis and basketball courts, and miles of scenic trails for walking and running. This home combines comfort, functionality and an active lifestyle in a welcoming community.

Full Property Details for 2556 SW 118th Terrace

General

  • Price: $418,000
  • HOA FEE: $8/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,877 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC537135
  • Updated: 2/15/2026
  • Added to Site: 19 day(s) ago

Rental Information

  • Min. Lease: 1-2 Years

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), High Ceilings, Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Engineered Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room, Washer Hookup

Additional Information

  • Shared Amenities: Basketball Court, Clubhouse, Fitness Center, Pickleball Court(s), Playground, Pool, Tennis Court(s)

Exterior

  • Exterior Features: Outdoor Shower, Private Yard, Rain Gutters

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Garage Faces Rear

Location

  • Area: 32608 - Gainesville
  • County: Alachua
  • Development Name: 32608 - Gainesville
  • Subdivision: OAKMONT PH 1 UNIT 1A
  • Driving Directions: From SW 75th St, turn west onto SW 24th Avenue. Turn left into Oakmont on SW 117th St, turn right onto SW 27th Avenue, turn right onto SW 118th Terrace, house will be on your left.
  • Direction Faces: East

School Information

  • Middle School: Kanapaha Middle School-AL
  • High School: F. W. Buchholz High School-AL

Community

  • Community Name: 32608 - Gainesville
  • Community Features: Clubhouse, Community Mailbox, Fitness Center, Park, Playground, Pool, Tennis Court(s)
  • Optional Amenities: Basketball Court, Clubhouse, Fitness Center, Pickleball Court(s), Playground, Pool, Tennis Court(s)
  • Association: Yes
  • Assoc. Name: Leland Management/Alisa Carlino-McGowan
  • Assoc. Fees Include: Community Pool
  • Pet Restrictions: Buyer to confirm pet restrictions with the HOA documents

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Street Lights, Water Connected

Structural Information

  • Exterior Const.: HardiPlank Type
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,520
  • Sq. Ft. Source: Public Records
  • Year Built: 2017

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size: 6534
  • Street/Road Desc.: Paved

Financial Considerations

  • Association Fee: $100
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • CDD: Yes
  • Tax Amount: $10,877
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: OAKMONT PH 1 UNIT 1A PB 29 PG 35 LOT 5 OR 4524/0009
  • Flood Zone Info: X
  • APN: 4427111005
  • Property ID: 4427111005

Listed by Florida Homes Realty & Mortgage Gville

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— 2556 SW 118th Terrace —

  • Florida Homes Realty & Mortgage Gville

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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 2556 SW 118th Terrace

School District:Alachua County School District
NameGradesDistance
Lawton M. Chiles Elementary School
2525 School House Road, Gainesville, FL 32608
K-51.4 mi
F. W. Buchholz High School
5510 Northwest 27th Avenue, Gainesville, FL 32606
9-125.2 mi
Kanapaha Middle School
5005 Southwest 75th Street, Gainesville, FL 32608
6-83.3 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 2556 SW 118th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Listed
$418,000
46.67%
MLS
2/08/2021
Sold
$285,000
—
Public Record
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 2556 SW 118th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,597
—
$408,948
4%
2024
$10,597
4%
$392,543
-1%
2023
$10,156
48%
$395,192
61%
2021
$6,853
-23%
$245,125
-19%
2022
$8,909
30%
$304,301
26%
2021
$6,853
9%
$241,741
2%
2019
$6,279
5%
$236,306
2%
2018
$6,008
127%
$231,900
446%
2017
$2,641
18%
$42,500
—
2016
$2,245
2%
$42,500
6%
2015
$2,201
—
$40,000
—
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 Gville

2556 SW 118th Terrace, Gainesville, FL 32608 (MLS# GC537135) is a Single Family property with 3 bedrooms and 2 full bathrooms. 2556 SW 118th Terrace is currently listed for $418,000 and was received on February 02, 2026. Want to learn more about 2556 SW 118th 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.

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