6703 40th Terrace, FL

$60,000

6703 40th Terrace

Gainesville, FL 32608

Active
0
Baths
0.18
Acres
$8/sqft
🏠Land

Property type

📐7,841 sqft

Lot size

📊$8

Price / sq ft

🏘️$207/mo

HOA dues

📅309

Days on market

🌊X

Flood zone

About this home

Tucked inside the gated community of Savanna Pointe, this vacant lot offers a chance to build in a prime Gainesville location just minutes from UF, Shands, the VA, Celebration Pointe, Butler Plaza, and easy access to I-75. This parcel allows for your choice of builder, with architectural approval required by the community’s Review Committee before closing. After the purchase agreement is signed, the buyer has 90 days to submit plans for the home, including floor plans, elevations, a site plan, and builder information. At closing, the buyer pays a $2,500 Impact Fee and a Construction Compliance Fee to the Savanna Pointe Community Association. The Compliance Fee is refundable once construction is complete and meets approved specifications. HOA dues apply while the lot is vacant and will adjust once the home is finished. A great option for building something new in a well-established, well-located neighborhood.

Estimated monthly payment

Principal & interest$303
Property taxes$134
Home insurance (est.)$28
HOA dues$207

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 history309 days on market

  1. Status: Active
    Dec 9, 2025
  2. Listed$81,000
    May 16, 2025
  3. Price reduced$60,000

Facts & features

Property type
Land
Status
Active
Days on market
309
Subdivision
Savanna Pointe Ph 1
County
Alachua
Price/sq ft
$8
Lot size
7,841 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Annual taxes
$1,605 (2024)
Parcel #
07247-010-006
Zoning
PD
MLS #
GC530934

HOA & Financial

HOA fee
$207 / Monthly
Monthly HOA
$207/mo
Total monthly fees
$207/mo
Total annual fees
$2,484
HOA name
Savanna Pointe Community Association/Bosshardt CAM
Listing terms
Cash, Conventional, FHA, Private Financing Available, USDA Loan, VA Loan
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Available, Natural Gas Available, Public

Community

Pets allowed
Yes

Schools

ElementaryIdylwild Elementary School-ALGreatSchools ↗
MiddleKanapaha Middle School-ALGreatSchools ↗
High SchoolGainesville 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.

Listing Details

Listing date
2025-05-16
On market date
2025-05-16
Original list price
$81,000
MLS area
32608 - Gainesville
Listing AOR
Orlando Regional
Status changed
2025-12-09
Tax legal description
SAVANNA POINTE PH I PB S-61-64 LOT 6 OR 4589/1147

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

Head south on SW 34th Street. Turn right onto SW Williston Road. Turn left onto SW 62nd Avenue (into Savanna Pointe). Follow the road to SW 40th Terrace. 6703 will be on your 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 April 13, 2026 at 9:06 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