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5311 NW 98th Ter, Gainesville, FL, 32653

$930,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,342 SqFt
$397/SqFt
House

Location

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5311 NW 98th Ter, Gainesville$930,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1993
HeatingCentral, Heat Pump, Other
CoolingCentral Air, Zoned
WaterfrontLake Front, Pond
Private PoolYes
MLS #O6256607
Lot Size2.00 Acres
StatusActive

About 5311 NW 98th Ter

With its unparalleled architectural beauty, breath-taking panoramic views, and seamless blend of luxury and nature, 5311 NW 98th Terrace isn’t just a home—it's a private retreat offering the ultimate Florida lifestyle. Want to know more? Read on! 1. ARCHITECTURAL DESIGN: This post-modern, fully renovated, multi-level home is inspired by Frank Lloyd Wright's designs, offering a "treehouse" aesthetic with extensive use of natural materials and seamless integration into its wooded setting. Its design emphasizes light, space, and connection to nature offering a luxurious and unique living experience. 2. EXCLUSIVE AMENITIES: The property boasts a heated 40-foot lap pool within a multi-story screened enclosure. Situated on nearly two acres of wooded land, an abundance of large windows and natural light, high ceilings, multiple decks and balconies, ensures that the property provides stunning lake views and an immersive connection to nature. 3. SPACIOUS LUXURIOUS LIVING: With over 2,300 square feet of living space spread across 4 levels, excluding the 400 square foot main screened deck area and double car garage, the home includes a sunken lounge, open-concept living and dining areas, and a top-floor observatory. The primary suite features a spa-like ensuite bathroom with a freestanding tub and a two-story rain shower and takes up the entire 3rd floor. While the music room, guest bedrooms and guest bathroom, a occupy the 1st floor. 4. MODERN CONVENIENCES: The home has been totally upgraded and is fully equipped with modern features like a built-in elevator. The home is equipped with high-end appliances, luxury flooring and also features a showcase spiral staircase spanning the 4 floors, granite countertops, and custom wood cabinetry. 5. LOCATION: An upscale, highly sought-after neighborhood, located just 19 minutes from the University of Florida and 23 minutes from the airport; other nearby amenities include Devil’s Millhopper Geological State Park and San Felasco Hammock Preserve State Park, Hunter's Crossing shopping center, UF Health Shands Hospital and more, offering a balanced lifestyle, offering both tranquility and accessibility to urban conveniences. 6. FLOOD ZONE X: Unlike many Florida properties, this home is not situated in a flood zone area, providing peace of mind for buyers concerned about climate risks.

Property Details

Property Features

Property Information:

  • Year Built: 1993
  • Stories: 3
  • Living Area: 2,342 SqFt

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator
  • Flooring Type: Luxury Vinyl, Tile, Wood
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front, Pond
  • Exterior: Balcony, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5311 NW 98th Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Other
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Take I-75 North to exit 390, then head east on NW 39th Ave, turn left onto NW 98th St, and follow it to NW 98th Terrace.

Price Information

Listing Price Info

Price Summary:

  • List Price: $930,000
  • Price Per SqFt: $397/SqFt

HOA Fees:

  • Amount: $650
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,437
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, FL.

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Gainesville, FL

City

Med. Sold Price

$310K

Med. Price/SqFt

$196

Avg. Days On Market

70

# of Sold Homes

113

5311 NW 98th Ter vs Gainesville

40 DAYS ON ROCKET

-30 Days

$930,000

+$619.9K More

$397/SqFt

+$200 More

KEY TAKEAWAY

This property is $619.9K more than the Median Sold Price and $200/SqFt more than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6256607

Listing Office:

  • Office Name: BEYCOME OF FLORIDA LLC
  • Office Phone: (844) 239-2663
  • Listing Agent: Steven Koleno

IDX 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.

IDX 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, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2021Home Sold
$500,000
Jun 22, 2001Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,437$277,862
2019$5,453$271,615
2018$5,286$266,550
2017$5,397$261,070

History based on county public records data.

Payment Calculator

$4,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,855

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.

Nearby Schools

school-card-donut-823905
6
/10

  • Meadowbrook Elementary School

  • 11525 NW 39th Ave

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-823906
7
/10

  • Hidden Oak Elementary School

  • 2100 Fort Clarke Blvd

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-823907
6
/10

  • William S. Talbot Elementary School

  • 5701 NW 43rd St

  • 3.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $180,000. Typical income of Gainesville, FL residents is $200k+ annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5311 NW 98th Ter

What is the listing price of this property?

The listing price of 5311 NW 98th Ter property is $930,000.

What type of property is this?

The property 5311 NW 98th Ter is a house located in Gainesville, Florida, 32653.

Is this property for sale now?

Active Listing: 5311 NW 98th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,437 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 19, 2021 for $500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5311 NW 98th Ter has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5311 NW 98th Ter is 2,342 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5311 NW 98th Ter is 1993.

Rocket Homes›Florida›Alachua County›Gainesville›32653›5311 NW 98th Ter

This home is located at 5311 NW 98th Ter in Gainesville, FL and zip code 32653 in the Northwest Gainesville neighborhood. This 2,342 square foot home, which was built in 1993, sits on a 2.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $930,000.

Over 16 listings were sold over their listed price in November 2024 in Gainesville, FL. In the same period over 77 listings were sold below the listed price and 20 listings were sold for the listed price. The inventory of homes for sale in Gainesville, FL between October 2024 and November 2024 decreased by 3.2%. In November 2024 median list price was $310,076 and the average listing age was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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