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$229,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,205 Sq. Ft.
See This Home
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Under Construction. Pictures are from model home. Welcome to Gainesville's first land trust project by Bright Community Trust! This Brand New Construction home is part of an affordable housing program with income restrictions and a 99 year land lease for $25 per month ($300 annually). Please see attachments for detailed information on buyer requirements. Home features an open layout with lots of windows for natural light, a beautiful kitchen with soft close cabinets and rolling island, spacious dining area and living room, with vinyl plank flooring throughout the main part of the house. Bedrooms and bathrooms have quality finishes; primary bedroom has walk-in closet and en suite bathroom. Conveniently located in Porters Community just around the corner from the beautiful Depot Park and close to shops, restaurants, and more. First Time Home Buyer Only, Owner/Occupants Only-Investors Not Eligible. Home due to be 5/30/25.

Full Property Details for 703 SW 5th Terrace

General

  • Sold For: $229,000
  • Taxes: $1,012 (2024)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6276501
  • Added to Site: 351 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: Ceiling Fan(s)
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Other
  • Deck/Patio: Front Porch
  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 32601 - Gainesville
  • County: Alachua
  • Development Name: 32601 - Gainesville
  • Subdivision: GAINESVILLE PORTERS ADDN
  • Driving Directions: From X of Main St. and University Ave. Go south on Main St. Turn right onto Depot Ave. Turn right onto SW 5th Ter. Home is on the right.
  • Direction Faces: South

Community

  • Community Name: 32601 - Gainesville

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • Builder: Alachua Habitat for Humanity
  • Approx Compl Date: 2025-05-30T04:00:00.000Z
  • Exterior Const.: HardiPlank Type
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,205
  • Sq. Ft. Source: Builder
  • Living Area: 1,205 Sq. Ft.
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size: 7405
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $1,012
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: PORTERS ADD PB A-54 LOT 38 OR 5118/1623
  • Flood Zone Info: X
  • APN: 13369000000
  • Property ID: 13369000000

Listed by Keller Williams Realty Partners Sw
Sold by Keller Williams Gainesville Realty Partners

Listing agent

— 703 SW 5th Terrace —

  • Keller Williams Realty Partners Sw

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 703 SW 5th Terrace

School District:Alachua County School District
NameGradesDistance
Caroline Beatrice Parker Elementary
1912 Northwest 5th Avenue, Gainesville, FL 32603
K-51.4 mi
Kanapaha Middle School
5005 Southwest 75th Street, Gainesville, FL 32608
6-86 mi
Gainesville High School
1900 Northwest 13th Street, Gainesville, FL 32609
9-121.8 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 703 SW 5th Terrace

Date
Details
Price
Change
Source
7/23/2025
Sold
$229,000
—
MLS
1/31/2025
Listed
$229,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty Partners Sw
Sold by Keller Williams Gainesville Realty Partners

703 SW 5th Terrace, Gainesville, FL 32601 (MLS# O6276501) is a Single Family property that was sold at $229,000 on July 23, 2025. Want to learn more about 703 SW 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.