4323 12th Terrace, FL4323 12th Terrace, FL4323 12th Terrace, FL
Stellar MLS
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$254,900

4323 12th Terrace

Gainesville, FL 32609

Listing updated: June 17, 2026 at 10:32 PM ET

Active
Stellar MLSListing courtesy of Stallions Realty Llc · Joy Baker · MLS #OM723588 · Active · 352-231-5337
4
Beds
2
Baths
1,252
Sq Ft
0.34
Acres
1956
Built
$204/sqft360° tour
Single Family Residence

Property type

1956

Year built

14,810 sqft

Lot size

$204

Price / sq ft

No HOA

HOA dues

51

Days on market

X

Flood zone

About this home

Welcome to this well-located Gainesville property offering comfort, convenience, and strong long-term potential. Nestled in an established neighborhood, this home provides a functional layout with inviting living spaces and a spacious lot that allows room for outdoor enjoyment, personalization, or future improvements. The location is a standout feature—just minutes from everyday essentials including Publix, ALDI, CVS, Walgreens, and a variety of dining options along the nearby commercial corridor. Whether it’s a quick grocery run or grabbing a meal, everything you need is close by, making daily living highly convenient. For commuters, the property offers easy access to major roadways and is approximately 12–18 minutes from the University of Florida, creating strong appeal for faculty, staff, and medical professionals. Downtown Gainesville, parks, and additional shopping and entertainment options are also within a short drive. Ideal for both homeowners and investors, this property combines location, accessibility, and upside potential in one of Gainesville’s established and steadily growing areas. A great opportunity to secure a home in a well-connected and desirable setting. Seller will contribute towards closing cost. A/C was serviced on 6/16/2026 and is operating properly. Roof is a 2018 roof. Water Heater is 2021, is functioning properly with no issues. Electrical Panel is 2021.

Local Insight

At $204/sqft for a 1956 home in Magnolia Heights, you're getting solid value compared to newer construction in Gainesville, but you should budget for potential foundation, electrical, and plumbing updates typical of homes this age—the bones are there, but inspection is critical. The 0.34-acre lot and non-flood zone location are genuine positives, though the modest 1,252 sqft means this appeals to investors, first-time buyers, or someone looking to renovate rather than move-in ready buyers.

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

Estimated monthly payment

Principal & interest$1,289
Property taxes$189
Home insurance (est.)$117

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 history51 days on market

  1. Status: Active
    Apr 27, 2026
  2. Listed$260,000
    Apr 27, 2026
  3. Price reduced$254,900

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
51
Subdivision
Magnolia Heights
County
Alachua
Year built
1956
Living area
1,252 sq ft
Price/sq ft
$204
Building area
1,744 sq ft (Public Records)
Lot size
14,810 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12001C0305E)
Annual taxes
$2,271 (2025)
Parcel #
08103-002-000
Zoning
RSF1
MLS #
OM723588

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Interior Details

Bedrooms
4
Full bathrooms
2
Flooring
Tile, Wood
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Eat-in Kitchen
Laundry
Laundry Room, Washer Hookup
Stories / Levels
One
Direction faces
Northwest

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

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

Exterior & Construction

Exterior features
Private Yard
Construction materials
Concrete
Roof
Shingle
Foundation
Slab
Road surface
Paved

Utilities

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

Room Details

RoomLevelDimensions
KitchenFirst
Great RoomFirst
Primary BedroomFirst

Listing Details

Listing date
2026-04-26
On market date
2026-04-27
Original list price
$260,000
Occupant type
Owner
MLS area
32609 - Gainesville
Listing AOR
Ocala - Marion
Status changed
2026-04-27
Tax legal description
MAGNOLIA HEIGHTS PB D-12 LOT 6 BK B OR 4899/1487

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

From I-75, take Exit 390 for NW 39th Avenue. Head east on NW 39th Avenue toward Gainesville. Continue straight and turn left onto NW 6th Street. Proceed north on NW 6th Street. Turn left onto NW 12th Terrace. Continue on NW 12th Terrace and the property will be on the left-hand side.

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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 17, 2026 at 10:32 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