0 23rd Terrace, FL
Stellar MLS

$695,000

0 23rd Terrace

Gainesville, FL 32606

Active
0
Baths
5
Acres
5 acres$3/sqft
Land

Property type

217,800 sqft

Lot size

$3

Price / sq ft

No HOA

HOA dues

997

Days on market

X

Flood zone

About this home

An excellent northwest location just off US 441 this 5 acre parcel is waiting for development and has incredible potential for multiple uses. High and dry, flat land - a plus for construction! RMF7 Zoning allows commercial or residential options up to 14 units per acre with duplex or quadraplex construction such as multi-family, churches, elder or childcare facilities. Located with walking distance to Walmart, and close proximity Advance Auto Parts, Dunkin Donuts, and Northwood Village Shopping Center. This is a value for the astute investor looking to maximze this large site.

Local Insight

At $3 per square foot in Gainesville's Northwood Commercial area, you're getting raw land at a relatively modest price point, which could work well for a development project or long-term hold, but you'll want to verify what commercial zoning actually allows and whether utilities are accessible to the property. The X flood zone designation is a genuine advantage here—it means no flood insurance requirements—though you should confirm the land's actual buildability with the city since raw acreage can mask site constraints like wetlands or infrastructure limitations that don't show up in the listing.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$3,514
Property taxes$450
Home insurance (est.)$319

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history997 days on market

  1. Status: Active
    May 9, 2025
  2. Listed$725,000
    Nov 8, 2022
  3. Price reduced$695,000

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
997
Cumulative DOM
1178
Subdivision
Northwood Commercial
County
Alachua
Price/sq ft
$3
Lot size
217,800 sq ft
Lot category
5 to less than 10
Flood zone
X
Annual taxes
$5,405 (2022)
Parcel #
06014-001-093
Zoning
RMF7
MLS #
GC509361

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Interior Details

Direction faces
East

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Asphalt

Utilities

Sewer
None
Water source
None
Utilities
Electrical Nearby, Water Nearby

Listing Details

Listing date
2022-11-07
On market date
2022-11-08
Original list price
$725,000
MLS area
32606 - Gainesville
Listing AOR
Gainesville-Alachua
Status changed
2025-05-09
Tax legal description
COM SE COR NORTHWOOD PINES UNIT 4 PB I-67 POB N ALONG E LINE SAID S/D 508 FT E 310.09 FT S 678.70 FT TO CURVE SWLY ALONG SAID CURVE 39.33 FT W 285.03 FT TO E LINE NORTHWOOD PINES UNIT 3 PB I-21 N ALONG E LINE SAID S/D 195 FT POB OR 3751/1083

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From Gainesville head west on US HWY 441/NW 13th St. Make a left onto NW 23 st, then a right onto NW 62 Ave. Go past shopping plaza/China Express and property will be on the corner of NW 23rd Terrace and NW 62 Ave.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of March 27, 2026 at 10:25 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA