Calling all investors, contractors, and buyers looking for a renovation opportunity! The current owner began an extensive renovation of the property, with much of the major infrastructure work already completed leaving the next owner with the opportunity to complete the interior and bring their own vision to life. Much of the major work has already been completed, including a BRAND-NEW ROOF, NEW HVAC SYSTEM, COMPLETE REWIRING, and COMPLETE REPLUMBING. The interior has been fully demolished and is currently a shell, ready for the finishing stages of renovation. The home is currently listed as a 3-bedroom, 2-bathroom property; however, the current owner has added an additional bedroom and bathroom, creating a proposed 4-bedroom, 3-bathroom layout once completed. There is also a large bonus room offering additional flexibility and the potential for another bedroom, home office, workshop, or generous storage space. With the demolition and substantial infrastructure improvements already completed, this property provides an excellent head start for someone ready to finish the renovation. A great opportunity to customize the interior from the ground up and unlock the property's full potential!
For sale
$199,000
1129 NE 24TH TERRACE, GAINESVILLE, FL 32641
3beds
1,456sqft
Single Family Residence
Built in 1969
6,534 Square Feet Lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Brand-new roofLarge bonus roomNew hvac systemComplete replumbingComplete rewiring
- 23 days
- 503
- 24
Zillow last checked:
Listing updated:
Listed by:
Garrett King 941-504-0016,
KINGS HOME REALTY LLC 941-504-0016
Source: Stellar MLS,MLS#: GC543771
Originating MLS: Gainesville-Alachua

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- None
- Flooring: Terrazzo
- Has fireplace: No
Interior area
- Total structure area: 1,514
- Total interior livable area: 1,456 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 10823081000
- Zoning: RSF3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CEDAR GROVE
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $148,219
- Annual tax amount: $832
- Date on market: 9/24/2026
- Cumulative days on market: 24 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,905/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $199,000+109.5%$137/sqft |
Source: | ||
| 2/5/2026 | Sold | $95,000-4.9%$65/sqft |
Source: | ||
| 1/13/2026 | Pending sale | $99,900$69/sqft |
Source: | ||
| 1/6/2026 | Price change | $99,900-13.1%$69/sqft |
Source: | ||
| 12/2/2025 | Price change | $114,900-4.2%$79/sqft |
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| 11/5/2025 | Listed for sale | $119,900$82/sqft |
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| 10/27/2025 | Pending sale | $119,900$82/sqft |
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| 10/14/2025 | Price change | $119,900-7.7%$82/sqft |
Source: | ||
| 10/1/2025 | Listed for sale | $129,900$89/sqft |
Source: | ||
| 9/29/2025 | Pending sale | $129,900$89/sqft |
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| 9/24/2025 | Listed for sale | $129,900$89/sqft |
Source: | ||
| 9/15/2025 | Pending sale | $129,900$89/sqft |
Source: | ||
| 8/21/2025 | Price change | $129,900-8.8%$89/sqft |
Source: | ||
| 8/12/2025 | Listed for sale | $142,500$98/sqft |
Source: | ||
| 8/7/2025 | Pending sale | $142,500$98/sqft |
Source: | ||
| 6/21/2025 | Price change | $142,500-4.9%$98/sqft |
Source: | ||
| 6/2/2025 | Price change | $149,900-9.1%$103/sqft |
Source: | ||
| 4/19/2025 | Listed for sale | $164,900+31.8%$113/sqft |
Source: | ||
| 3/24/2025 | Sold | $125,100$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $832 +2.5% | $68,757 +2.9% |
| 2024 | $812 +0.5% | $66,819 +3% |
| 2023 | $808 -3.8% | $64,873 +3% |
| 2022 | $840 -0.6% | $62,984 +3% |
| 2021 | $846 +0.7% | $61,150 +1.4% |
| 2020 | $839 -0.6% | $60,305 +2.3% |
| 2019 | $844 | $58,949 +1.9% |
| 2018 | $844 +10% | $57,850 +2.1% |
| 2017 | $768 -1.1% | $56,660 +2.1% |
| 2016 | $777 +3.2% | $55,500 +0.6% |
| 2015 | $753 -1.5% | $55,180 +0.8% |
| 2014 | $765 -0.5% | $54,750 -8.6% |
| 2013 | $768 | $59,900 -17.4% |
| 2012 | -- | $72,500 +40.7% |
| 2011 | -- | $51,510 -44% |
| 2010 | -- | $92,000 -6.5% |
| 2009 | -- | $98,400 -8% |
| 2008 | -- | $106,900 +14.2% |
| 2007 | -- | $93,600 +10.1% |
| 2006 | -- | $85,000 +19.4% |
| 2005 | -- | $71,200 +8.2% |
| 2004 | -- | $65,800 +41.8% |
| 2003 | -- | $46,400 |
| 2002 | -- | $46,400 +2.2% |
| 2001 | -- | $45,400 +5.6% |
| 2000 | -- | $43,000 |
Find assessor info on the county website
Monthly payment
Est. payment





