$149,900

1032 NW 40th Ave Gainesville, FL 32609

Estimated payment $938/month

Total Views 399
1 Bed
1 Bath
423 Sq Ft
$354 Price per Sq Ft

Highlights

  • Popular Property
  • Main Floor Primary Bedroom
  • No HOA
  • Gainesville High School Rated A
  • Private Yard
  • Living Room

About This Home

Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part. 1032 NW 40th Ave isn’t just a home... it’s an opportunity waiting for the right kind of buyer to recognize it. Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live... this property gives you room to think bigger.

Listing Agent

Amber Smith

ANSON PROPERTIES LLC Brokerage Phone: 352-535-0620 License #3565607 Listed on: 04/25/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • South Facing Home
  • Private Yard
  • Property is zoned RMF5

Home Design

  • Shingle Roof

Interior Spaces

  • 423 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Private Mailbox

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Oak Hill Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,786

Year Built

Built in 1949

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 423
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 513
  • Lot Size Sq Ft: 5227
  • Status: Active
  • Street Direction: NW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 47.66
  • Escrow City: Gainesville
  • Escrow State: FL
  • Escrow Street Name: NW 76th Dr Unit D
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 354.37
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-535-0620
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 1
  • Levels: One
  • Other Equipment: Private Yard
  • Stories: 1
  • Living Area Meters: 39.30

Exterior Features

  • Direction Faces: South
  • Exterior Features: Private Mailbox, Private Yard
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12001C0305E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Development: Oak Hill

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF5
  • Parcel Number: 08070-000-000
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1786.47
  • Tax Book Number: A-167
  • Tax Lot: 39

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,786 $75,536 $39,204 $36,332
2024 $1,785 $76,079 $39,204 $36,875
2023 $1,785 $75,472 $39,204 $36,268
2022 $817 $24,787 $18,000 $6,787
2021 $823 $24,424 $18,000 $6,424
2020 $821 $24,424 $18,000 $6,424
2019 $818 $23,760 $18,000 $5,760
2018 $720 $23,100 $18,000 $5,100
2017 $744 $23,600 $18,000 $5,600
2016 $685 $22,300 $0 $0
2015 $696 $22,300 $0 $0
2014 $710 $22,600 $0 $0
2013 -- $22,600 $18,000 $4,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2026 04/25/26 For Sale $149,900 +99.9% $354 / Sq Ft
03/11/2022 03/11/22 Sold $75,000 -11.7% $177 / Sq Ft View Prior Sale
01/23/2022 01/23/22 Pending -- -- --
01/03/2022 01/03/22 Price Changed $84,900 -10.5% $201 / Sq Ft
12/07/2021 12/07/21 For Sale $94,900 +704.2% $224 / Sq Ft
12/06/2021 12/06/21 Off Market $11,800 -- --
11/22/2021 11/22/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $94,900 +704.2% $224 / Sq Ft
07/02/2012 07/02/12 Sold $11,800 -34.4% $28 / Sq Ft View Prior Sale
02/13/2012 02/13/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $18,000 -- $43 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 Salter Feiber Pa
Warranty Deed $11,800 Sierra Title Llc
Deed $100 --
Quit Claim Deed -- None Available
Deed $100 --
Quit Claim Deed -- None Available
Deed $100 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $100 --
Deed $100 --
Warranty Deed -- --
Warranty Deed $100 --
Source: Public Records

Source: Stellar MLS

MLS Number: GC539805

Stellar MLS

APN: 08070-000-000

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