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!
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!
Property Details
Price:
$199,000
MLS #:
GC543771
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
CEDAR GROVE
Neighborhood:
32641gainesville
Listed Date:
Sep 24, 2026
Finished Sq Ft:
1,456
Total Sq Ft:
1,514
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1969
See this Listing
Schools
Interior
Appliances
None
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Terrazzo
Heating
Electric
Interior Features
Ninguno
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
One
Exterior
Construction Materials
Concrete, Stucco
Direction Faces
West
Exterior Features
Private Yard
Roof
Shingle
Financial
Tax Year
2025
Taxes
$832
Map
Community
- Address1129 NE 24TH TERRACE GAINESVILLE FL
- SubdivisionCEDAR GROVE
- CityGAINESVILLE
- CountyAlachua
- Zip Code32641
Subdivisions in GAINESVILLE
Market Summary
Current real estate data for Single Family in GAINESVILLE as of Oct 19, 2026
656
Single Family Listed
107
Avg DOM
223
Avg $ / SqFt
$459,112
Avg List Price
Property Summary
- Located in the CEDAR GROVE subdivision, 1129 NE 24TH TERRACE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32641. It is listed for $199,000 and features 3 beds, 2 baths, and has approximately 1,456 square feet of living space, and was originally constructed in 1969. The current price per square foot is $137. The average price per square foot for Single Family listings in GAINESVILLE is $223. The average listing price for Single Family in GAINESVILLE is $459,112. To schedule a showing of MLS#gc543771 at 1129 NE 24TH TERRACE in GAINESVILLE, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of KINGS HOME REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1129 NE 24TH TERRACE
GAINESVILLE, FL
