517 Nw 36th Terrace, Gainesville, FL 32607

$175,000
3
BD
1
BA
1,152
SqFt

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Sold Price
$175,000
List Price
$180,000
Status
Sold
Days on Market
60
Closing Date
Aug 03, 2026
MLS#
GC540331
Property Style
Single Family
Year Built
1956
Bedrooms
3
Bathrooms
1
Living Area
1,152
Lot Size
10,454
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Golf Club Manor
MLS Area Major
Gainesville

Property Description

***************************************Property will not qualify for conventional financing****************************** This solid block home is perfectly positioned near the University of Florida, UF Health, the VA Hospital, shopping, dining, and more, making it an excellent opportunity for investors or buyers with vision. Offering 1,152 SF of living area (1,445 SF total), this 3-bedroom, 1-bath home features a Florida room and a small office, providing flexible living space with plenty of potential. The property sits on a .24-acre fully fenced lot, offering room to expand, reconfigure, or create an outdoor oasis. The home does need some renovation and is priced accordingly; however, it is livable in its current condition. The current owners have lived in the home since 1986, reflecting long-term ownership and solid construction. Buyer to note: the seller has installed a new water heater and water lines, the seller replaced old windows throughout the home with new double pane windows, as well as completed some electrical work, all of which were done without permits. The exterior was painted in 2025. Buyer to verify and accept property condition. With the right updates and imagination, this property presents a rare opportunity to create a standout residence or income-producing investment in one of Gainesville’s most desirable and convenient locations. Bring your contractor and your vision! The current owners have owned the home since 1986 and have not replaced the roof; the owners are not sure the age of the roof. The property appraiser's website shows this home as a 2br 1bath. The flex room/office could very easily be used as the 3rd bedroom it does have a small closet area. The home has window ac units the hvac system and the furnace does not work, the roof currently does not leak but it will need be replaced in the near future, the home has cast iron sewer lines.

Additional Information

Taxes
$841
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF1
Interior Layout
Ceiling Fans(s), Kitchen/Family Room Combo
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo
Floor
Tile
Appliances
Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Heating
None
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport
Flood Zone Code
X
Parcel ID
06484-043-000
Legal Description
See Deed in Attachments

Listing courtesy of WATSON REALTY CORP. 352-377-8899

Selling Office: WATSON REALTY CORP.

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