668 NE 16th Terrace Gainesville, FL 32641
Duval and Eagle Eyes NeighborhoodEstimated payment $637/month
Highlights
- No HOA
- Living Room
- East Facing Home
- Gainesville High School Rated A
- Ceiling Fan
- 4-minute walk to Northeast Complex
About This Home
Under contract-accepting backup offers. 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.
Listing Agent
PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 813-217-5288 License #3437732 Listed on: 01/22/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 6,970 Sq Ft Lot
- East Facing Home
- 2 Lots in the community
- Additional Parcels
- Property is zoned RC
Home Design
- Bi-Level Home
- Fixer Upper
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,640 Sq Ft Home
- Ceiling Fan
- Living Room
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Marjorie Kinnan Rawlings Elementary School
- Westwood Middle School
- Gainesville High School
Community Details
- No Home Owners Association
- New Gv Rosemary Sub Rep Lots 14 16 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / C
- Assessor Parcel Number 10989-000-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,102 | $83,025 | $20,000 | $63,025 |
| 2024 | $3,132 | $234,425 | $20,000 | $214,425 |
| 2023 | $3,132 | $129,624 | $13,000 | $116,624 |
| 2022 | $1,748 | $94,803 | $9,750 | $85,053 |
| 2021 | $1,417 | $51,406 | $13,000 | $38,406 |
| 2020 | $1,417 | $52,556 | $13,000 | $39,556 |
| 2019 | $1,396 | $55,363 | $13,000 | $42,363 |
| 2018 | $1,144 | $43,300 | $5,100 | $38,200 |
| 2017 | $1,076 | $38,400 | $5,100 | $33,300 |
| 2016 | $992 | $35,600 | $0 | $0 |
| 2015 | $1,010 | $35,600 | $0 | $0 |
| 2014 | $1,002 | $34,900 | $0 | $0 |
| 2013 | -- | $34,900 | $5,100 | $29,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2026 02/03/26 | Pending | -- | -- | -- | |
| 01/22/2026 01/22/26 | For Sale | $89,000 | -34.1% | $34 / Sq Ft | |
| 02/16/2022 02/16/22 | Sold | $135,000 | +3.8% | $53 / Sq Ft | View Prior Sale |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- | |
| 01/31/2022 01/31/22 | For Sale | $130,000 | +712.5% | $51 / Sq Ft | |
| 12/06/2021 12/06/21 | Off Market | $16,000 | -- | -- | |
| 07/15/2014 07/15/14 | Sold | $16,000 | -46.7% | $6 / Sq Ft | View Prior Sale |
| 07/07/2014 07/07/14 | Pending | -- | -- | -- | |
| 04/01/2014 04/01/14 | For Sale | $30,000 | -- | $12 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $16,000 | Attorney | |
| Deed | $100 | -- | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $74,900 | Us Title | |
| Deed | $100 | -- | |
| Quit Claim Deed | -- | Attorney | |
| Deed | $100 | -- | |
| Deed | $100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: TB8467271
APN: 10989-000-000
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.