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$480,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 0.28 Acres
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Turnkey Multifamily Investment!! Excellent opportunity to add a 4 unit townhouse style building to your rental portfolio. Each unit features 2 bedrooms and 1.5 baths, a highly desirable layout that appeals to long-term tenants and supports consistent occupancy. The property is ideally located near major hospitals, making it attractive to healthcare workers and professionals. Public transportation, schools, daycare centers, and shopping are all nearby, further strengthening rental demand and tenant retention.

Full Property Details for 707 SW 68th Terrace #A-D

General

  • Price: $480,000
  • Taxes: $8,752 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC536024
  • Updated: 12/14/2025
  • Added to Site: 36 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Inside, Laundry Closet

Exterior

  • Exterior Features: Private Mailbox

Parking

  • Parking Features: Assigned

Location

  • Area: 32607 - Gainesville
  • County: Alachua
  • Development Name: 32607 - Gainesville
  • Subdivision: CEDAR RIDGE
  • Driving Directions: At the intersection of W Newberry RD & Tower RD (SW 75th ST) travel south on Tower Rd. Left on SW 8th Ave. Left on SW 67th Terr. Left on SW 68th Terr and follow to property on left.

Community

  • Community Name: 32607 - Gainesville

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Other, Wood Siding
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 3,600
  • Sq. Ft. Source: Public Records
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size: 12197
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $8,752.05
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CEDAR RIDGE PB K-8 LOT 17 BK C OR 5186/2191
  • Flood Zone Info: X
  • APN: 6655053017
  • Property ID: 6655053017

Listed by Miller Real Estate

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Listing agent

— 707 SW 68th Terrace #A-D —

  • Miller Real Estate

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 707 SW 68th Terrace #A-D

School District:Alachua County School District
NameGradesDistance
Myra Terwilliger Elementary School
301 Northwest 62nd Street, Gainesville, FL 32607
K-50.8 mi
F. W. Buchholz High School
5510 Northwest 27th Avenue, Gainesville, FL 32606
9-122.4 mi
Fort Clarke Middle School
9301 Northwest 23rd Avenue, Gainesville, FL 32606
6-82.5 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 707 SW 68th Terrace #A-D Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/14/2025
Listed
$480,000
10.34%
MLS
10/31/2024
Sold
$435,000
—
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 707 SW 68th Terrace #A-D

Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,394
7%
$258,611
28%
2022
$20,904
773%
$202,767
5%
2018
$2,395
—
$192,731
15%
2018
$2,395
—
$168,005
32%
2018
$2,395
-20%
$127,399
92%
2019
$3,002
14%
$66,407
-5%
2018
$2,626
-3%
$69,900
-15%
2017
$2,708
21%
$82,300
65%
2016
$2,241
-2%
$49,900
-3%
2015
$2,291
-5%
$51,700
-4%
2014
$2,412
-1%
$53,700
-3%
2013
$2,448
—
$55,500
—
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Miller Real Estate

707 SW 68th Terrace #A-D, Gainesville, FL 32607 (MLS# GC536024) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 707 SW 68th Terrace #A-D is currently listed for $480,000 and was received on December 14, 2025. Want to learn more about 707 SW 68th Terrace #A-D? Do you have questions about finding other Multi-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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