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517 NW 36TH TERRACE

House For Sale
$190,000

BTC: 2.96875000

ETH: 108.82016037

19 days
2 bds
1 ba
1,152 sqft

Overview

Location, location, location! 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 2-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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
0.24 Acres
Heating:
None
Price/sqft:
$165
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$224,900
$176K – $297K
Confidence Low
List vs. estimate
$34K below estimate
List $190,000 · -15.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$164
-25.3% vs. city median $220
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$841
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 06484043000

    • Zoning: RSF1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $841

  • Source details

    • MLS ID: GC540331

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Other

    • Window Features: Double Pane Windows

    • Direction Faces: West

    • Living Area: 1152

    • Water Source: None

    • Subdivision Name: GOLF CLUB MANOR

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WATSON REALTY CORP