Great opportunity to develop! Walking distance to University of Florida main campus and Downtown Gainesville with lots of nearby amenities including restaurants, coffee shops, breweries and nightlife. Easy access to parks, walking/biking trails and public transportation.
Property Details
Property Features
Listing Office:
Office Name: RESOURCE REALTY, LLC
Office Phone: (352) 226-3201
Listing Agent: Evan Yavelberg
Exterior Features
Exterior Information:
View: City
Lot Features
Lot Information:
Lot: City Lot, Paved
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: Heading East on W University Ave turn Right onto SW 6th Street. Continue South through two roundabouts. Turn Left onto SW 5th Ave. Make first right onto SW 5th Terrace. Make left onto SW 7th Place. The vacant lot is the middle one on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $69,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gainesville, FL.
This property is $241K less than the Median Sold Price in Gainesville, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #GC524629
Listing Office:
Office Name: RESOURCE REALTY, LLC
Office Phone: (352) 226-3201
Listing Agent: Evan Yavelberg
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:19:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$412
Per Month
Principal & Interest
$345
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$273
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Carolyn Beatrice Parker Elementary School
1912 NW 5th Ave
Distance between this listing and this school0.98 miles
Public District Grades KG-5
4
/10
Joseph Williams Elementary School
1245 SE 7th Ave
Distance between this listing and this school1.55 miles
Public Magnet Grades KG-5
1
/10
W.A. Metcalfe Elementary School
1250 NE 18th Ave
Distance between this listing and this school1.63 miles
Public District Grades KG-5
Nearby Schools
3
/10
Resilience Charter School Inc
1717 NE 9th St
Distance between this listing and this school1.35 miles
Public Charter Grades 6-8
4
/10
Howard W. Bishop Middle School
1262 NW 31st Dr
Distance between this listing and this school1.40 miles
Public Magnet Grades 6-8
5
/10
Abraham Lincoln Middle School
1001 SE 12th St
Distance between this listing and this school1.67 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
A. Quinn Jones/Exceptional Student Center
1108 NW 7th Ave
Distance between this listing and this school0.28 miles
Public District Grades 6-12
4
/10
Gainesville High School
1900 NW 13th St
Distance between this listing and this school1.07 miles
Public Magnet Grades 9-12
7
/10
P.K. Yonge Developmental Research School
1080 SW 11th St
Distance between this listing and this school1.09 miles
The neighbors living near this home have an average income of $23,977. The majority of Gainesville, FL residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 508 SW 7th Pl
What is the listing price of this property?
The listing price of 508 SW 7th Pl property is $69,000.
What type of property is this?
The property 508 SW 7th Pl is land located in Gainesville, Florida, 32601.
Is this property for sale now?
Sale Pending: 508 SW 7th Pl is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 508 SW 7th Pl in Gainesville, FL and zip code 32601 in the Northwest Gainesville neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $69,000.
Gainesville, FL housing market in November 2024 saw over 16 listings sold above listed price, more than 20 sold at listed price and over 77 sold below. Between October 2024 and November 2024, Gainesville, FL real estate market has seen decrease in the number of listings by 3.2%. Listings spent 70 days on the market in November 2024, and had a median list price of $310,076 during the same period.
From Rocket Homes Real Estate and based on county public records data.