938 42nd Terrace, FL
Stellar MLS

$200,000

938 42nd Terrace

Gainesville, FL 32605

Active
2
Beds
3
Baths
1,421
Sq Ft
0.07
Acres
1989
Built
Fireplace$141/sqft360° tour
Condominium

Property type

1989

Year built

3,049 sqft

Lot size

$141

Price / sq ft

$302/mo

HOA dues

343

Days on market

1

Garage space

X

Flood zone

About this home

A spacious brick townhome offering an easy-flow floor plan with generous room sizes and thoughtful design throughout. This two-story home delivers comfortable living with flexible spaces ideal for everyday use and entertaining. The main level features durable vinyl flooring and a bright, neutral color palette that allows natural light to flow throughout the living and dining areas. The living room is anchored by a classic fireplace and includes a built-in bar with shelving and cabinetry—perfect for hosting or relaxing at home. Sliding glass doors open to a peaceful green space, extending the living area outdoors. The kitchen provides ample cabinetry, plenty of counter space, and open sightlines to the dining and living areas, making it both functional and inviting. Upstairs, the primary suite offers oversized windows, a large walk-in closet, and a private ensuite bathroom with a walk-in shower. The secondary bedroom is well-sized and versatile, ideal for a guest room, home office, or flex space. Additional highlights include two and a half bathrooms, an attached garage, and a brand-new AC system for year-round comfort. Conveniently located near shopping, dining, schools, and everyday amenities, this townhome offers a practical layout and a desirable location. A great opportunity for buyers seeking a Florida brick townhome for sale with space, functionality, and classic appeal. Schedule your private showing today.

Local Insight

At $141/sqft in a 1989 condo, you're getting decent value for Gainesville, especially with three full baths in under 1,500 sqft—that's solid for a rental investment or owner-occupant looking to avoid single-family maintenance. The $302 monthly HOA is reasonable, and being in flood zone X means no flood insurance requirement, which saves you money long-term. The main consideration is that older condos can hide deferred maintenance issues, so you'll want to scrutinize the building's reserve fund and recent major repairs during your due diligence.

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

Estimated monthly payment

Principal & interest$1,011
Property taxes$353
Home insurance (est.)$92
HOA dues$302

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 history343 days on market

  1. Status: Active
    Apr 28, 2026
  2. Listed$220,707
    May 8, 2025
  3. Price reduced$200,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
343
Subdivision
Lenox Place
County
Alachua
Year built
1989
Living area
1,421 sq ft
Price/sq ft
$141
Building area
1,666 sq ft (Public Records)
Lot size
3,049 sq ft
Flood zone
X
Garage
1 spaces
Annual taxes
$4,231 (2024)
Parcel #
06386-010-069
Zoning
PD
MLS #
GC530610

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Interior Details

Bedrooms
2
Full bathrooms
2
Half bathrooms
1
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Disposal, Range, Refrigerator
Interior features
Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Walk-In Closet(s)
Laundry
Inside, Laundry Closet
Stories / Levels
Two
Direction faces
West
Fireplace
Yes

Heating & Cooling

Heating
Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes

HOA & Financial

HOA fee
$302 / Monthly
Monthly HOA
$302/mo
Total monthly fees
$406/mo
Total annual fees
$4,872
HOA name
Townhomes of Lenox- Debra Martin Back
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional, Other
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Rain Gutters
Construction materials
Brick, Concrete, Vinyl Siding
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Schools

ElementaryLittlewood Elementary School-ALGreatSchools ↗
MiddleWestwood Middle School-ALGreatSchools ↗
High SchoolF. W. Buchholz High School-ALGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomSecond
Primary BathroomSecond
KitchenFirst
Living RoomFirst

Listing Details

Listing date
2025-04-27
On market date
2025-05-08
Original list price
$220,707
Occupant type
Owner
MLS area
32605 - Gainesville
Listing AOR
Orlando Regional
Status changed
2026-04-28
Tax legal description
LENOX PLACE PB M-92 PART OF LOT 36 TOWNHOMES AT LENOX UNIT 69 AKA 938 NW 42ND TERR OR 4278/2490

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

Starting from the intersection of Newberry Rd and NW 43rd St, head north on NW 8th Ave, then take a left onto NW 42nd Ter. Follow past the bend in the road. The home will be on the left.

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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 June 1, 2026 at 3:12 PM 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