$145,000
1032 40th Avenue
Gainesville, FL 32609
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveApr 25, 2026
- Listed$149,900Apr 25, 2026
- 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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Kitchen | First | |
| Bathroom 1 | First |
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-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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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