21 days on rocket

668 NE 16th Ter, Gainesville, FL, 32641

$134,900

Home List Price

$1,602*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,560 SqFt
$53/SqFt
House

Location

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668 NE 16th Ter, Gainesville$134,900

Buyer Closing Credits

$1,602*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1948
HeatingNone, Other
CoolingNone
MLS #GC526898
Lot Size0.16 Acres
StatusActive

About 668 NE 16th Ter

Investor opportunity. Over 2,600 square foot "shell" to work with. Needs a complete renovation. This is likely ideal for an experience investor with a renovation crew in place & or a very experienced owner occupant looking to gain some equity. The current owner thinks 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. Though the property is zoned residential, the owner was given feedback that they would likely approve a few multi family options. If you do your homework on the area, you will observe several new construction homes as investors & owner occupants are investing in this community within Gainesville. Reach out to listing agent or your current Realtor for additional info.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 2,560 SqFt

Listing Office:

  • Office Name: ENGEL & VOLKERS GAINESVILLE
  • Office Phone: (386) 623-2806
  • Listing Agent: Shawn Hicks

Interior Features

Interior Information:

  • Appliances: None, Other
  • Flooring Type: Wood
  • Interior: Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 668 NE 16th Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: None, Other
  • Cooling: None

Other

Directions Information:

  • Directions: Eastbound on Ne 8th Ave. Cross over Waldo Rd. Make a right hand turn onto Ne 16th Ter. Continue to shell on the right. Listing sign is out front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $134,900
  • Price Per SqFt: $53/SqFt

Tax Information:

  • Annual Amount: $1,417
  • 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

$314.6K

Med. Price/SqFt

$197

Avg. Days On Market

61

# of Sold Homes

172

668 NE 16th Ter vs Gainesville

21 DAYS ON ROCKET

-40 Days

$134,900

-$179.7K Less

$53/SqFt

-$144 Less

KEY TAKEAWAY

This property is $179.7K less than the Median Sold Price and $144/SqFt less than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC526898

Listing Office:

  • Office Name: ENGEL & VOLKERS GAINESVILLE
  • Office Phone: (386) 623-2806
  • Listing Agent: Shawn Hicks

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 2025 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: 1/6/2025, 9:19:52 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

Jul 22, 2014Home Sold
$16,000
Jul 11, 2007Home Sold
$74,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,417$52,556
2019$1,396$46,465
2018$1,144$43,300
2017$1,076$38,400

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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-682438
1
/10

  • W.A. Metcalfe Elementary School

  • 1250 NE 18th Ave

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-682439
4
/10

  • Joseph Williams Elementary School

  • 1245 SE 7th Ave

  • 0.97 miles

  • Public Magnet Grades KG-5

school-card-donut-682440
7
/10

  • Boulware Springs Charter

  • 1303 NE 23rd Ave

  • 1.05 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,444. The most common annual income of people living in Gainesville, FL is less than $35k. The most common type of family is single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 668 NE 16th Ter

What is the listing price of this property?

The listing price of 668 NE 16th Ter property is $134,900.

What type of property is this?

The property 668 NE 16th Ter is a house located in Gainesville, Florida, 32641.

Is this property for sale now?

Active Listing: 668 NE 16th 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 $1,417 (source: MLS/based on county public records data).

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

The last sale was on July 22, 2014 for $16,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 668 NE 16th Ter has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 668 NE 16th Ter is 2,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 668 NE 16th Ter is 1948.

Rocket Homes›Florida›Alachua County›Gainesville›32641›668 NE 16th Ter

This home is located at 668 NE 16th Ter in Gainesville, FL and zip code 32641 in the Eastside / Northeast Gainesville neighborhood. This 2,560 square foot home, which was built in 1948, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $134,900.

In December 2024 more than 19 listings in Gainesville, FL were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 123 were sold below. The inventory of homes for sale in Gainesville, FL between November 2024 and December 2024 decreased by 2.4%. In December 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $314,625.

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

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