1032 40th Avenue, FL

$145,000

1032 40th Avenue

Gainesville, FL 32609

Active
1
Bed
1
Bath
423
Sq Ft
0.12
Acres
1949
Built
$343/sqft360° tour
Single Family Residence

Property type

1949

Year built

5,227 sqft

Lot size

$343

Price / sq ft

No HOA

HOA dues

10

Days on market

X

Flood zone

About this home

Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part. 1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it. Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.

Estimated monthly payment

Principal & interest$733
Property taxes$149
Home insurance (est.)$66

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 history10 days on market

  1. Status: Active
    Apr 25, 2026
  2. Listed$149,900
    Apr 25, 2026
  3. Price reduced$145,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
10
Subdivision
Oak Hill
County
Alachua
Year built
1949
Living area
423 sq ft
Price/sq ft
$343
Building area
513 sq ft (Public Records)
Lot size
5,227 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12001C0305E)
Annual taxes
$1,786 (2025)
Parcel #
08070-000-000
Zoning
RMF5
MLS #
GC539805

Interior Details

Bedrooms
1
Full bathrooms
1
Flooring
Luxury Vinyl
Appliances
Dishwasher, Dryer, Microwave, Range, Washer
Interior features
Primary Bedroom Main Floor
Laundry
Laundry Room, Outside
Stories / Levels
One
Direction faces
South

Heating & Cooling

Heating
Ductless
Cooling
Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Private Mailbox, Private Yard
Construction materials
Other
Roof
Shingle
Foundation
Crawlspace
Road surface
Paved

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Room Details

RoomLevelDimensions
Living RoomFirst
Primary BedroomFirst
KitchenFirst
Bathroom 1First

Listing Details

Listing date
2026-04-25
On market date
2026-04-25
Original list price
$149,900
Occupant type
Vacant
MLS area
32609 - Gainesville
Listing AOR
Gainesville-Alachua
Status changed
2026-04-25
Tax legal description
OAK HILL PB A-167-168 LOTS 39 40 BK E LESS N 210 FT OF E 315 FT OF SE1/4 OF SW1/4 OF SW1/4) OR 4984/2484

Flood risk

Minimal riskFEMA Zone XPanel 12001C0305E

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

Take NW 39th to NW 10th St. Turn onto NW 10th Street, then turn L onto NW 40th Ave. The house will be on the right.

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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 May 5, 2026 at 7:03 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