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Property Description
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.
Full Property Details
Full Property Details for 668 NE 16th Ter
General
- Sold For: $70,000
- Taxes: $3,960 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8467271
- Added to Site: 71 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Appliances: None, Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Other
Location
- Area: 32641 - Gainesville
- County: Alachua
- Development Name: 32641 - Gainesville
- Subdivision: NEW GV ROSEMARY SUB REP LOTS 14-16
- Driving Directions: Eastbound on Ne 8th Ave. Cross over Waldo Rd. Make a right hand turn onto Ne 16th Ter. Continue to shell on the right. No sign on properties.
- Direction Faces: East
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: Other
- Heating Type: Other
Utilities
- Sewer: Other
- Water: See Remarks
- Utility Description: Other
Structural Information
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,640
- Sq. Ft. Source: Public Records
- Living Area: 2,640 Sq. Ft.
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size: 6970
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,960
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ROSEMARY PARK PB C-95 LOT 7 BK C OR 5214/3389 & ROSEMARY PARK PB C-95 LOT 6 BK C OR 5036/0539
- Flood Zone Info: X
- APN: 10989000000
- Property ID: 10989000000
- Block/Lot/Section: C
Listed and Sold by Premier Sothebys Intl Realty
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Schools
Schools serving 668 NE 16th Ter
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Marjorie Kinnan Rawlings Elementary School, Gainesville, FL 3500 Northeast 15th Street, Gainesville, FL 32609 | K-5 | 1.8 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 4 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 2.4 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 668 NE 16th Ter
Date
Details
Price
Change
Source
3/06/2026
Sold
$70,000
-21.35%
MLS
1/22/2026
Listed
$89,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
668 NE 16th Terrace, Gainesville, FL 32641 (MLS# TB8467271) is a Single Family property that was sold at $70,000 on March 06, 2026. Want to learn more about 668 NE 16th 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.
