1214 55th Terrace, FL1214 55th Terrace, FL1214 55th Terrace, FL
Stellar MLS
1 / 31

$325,000

1214 55th Terrace

Gainesville, FL 32605

Listing updated: May 14, 2026 at 11:45 AM ET

Active
Stellar MLSListing courtesy of Bosshardt Realty Services Llc · Matthew Chapman · MLS #GC539940 · Active · 352-371-6100
3
Beds
2
Baths
1,334
Sq Ft
0.23
Acres
1976
Built
In-law suite$244/sqft
Single Family Residence

Property type

1976

Year built

10,019 sqft

Lot size

$244

Price / sq ft

No HOA

HOA dues

8

Days on market

X

Flood zone

About this home

Welcome to 1214 NW 55th Terrace, a beautifully updated Gainesville 2 bedroom 1 bathroom home with a attached 1 bed 1 bath mother in law suite with private entrance. This home blends style, flexibility, and investment potential. Ideally located just minutes from the University of Florida (approximately 4 miles) and convenient shopping, dining, and entertainment along NW 13th Street and nearby plazas, this property offers both accessibility and charm. From the moment you arrive, the striking custom mural on the front of the home sets it apart, creating a truly memorable first impression. Inside, the home has been thoughtfully renovated with modern updates throughout, including new flooring, fresh paint, updated light fixtures, and beautifully remodeled bathrooms and kitchen. Major systems have been taken care of as well, with a new roof in 2025 and HVAC replaced in 2023, giving peace of mind for years to come. Currently operating as a successful Airbnb, the layout offers excellent flexibility for both investors and homeowners alike. A standout feature is the attached mother-in-law suite, offering a private 1 bedroom, 1 bathroom setup with a kitchenette—ideal for guests, extended family, or additional rental income. Whether you're looking for a primary residence, a multi-generational living setup, or a turnkey investment property, this home checks all the boxes in a prime Gainesville location.

Local Insight

At $244/sqft for a 1976 home in Gainesville, this is reasonably priced, but you're paying for location in West Park rather than significant updates—expect to budget for roof, HVAC, and plumbing inspection results before closing. The in-law suite is a genuine money-maker if you're rental-minded or have multi-generational plans, though that adds complexity to resale positioning and you'll want to verify it's properly permitted. The tight 0.23-acre lot means limited land value and privacy, so the appeal really hinges on what condition the bones are in and whether that secondary unit justifies the price.

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

Estimated monthly payment

Principal & interest$1,643
Property taxes$369
Home insurance (est.)$149

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 history8 days on market

  1. Status: Active
    May 6, 2026
  2. Listed$325,000
    May 6, 2026
  3. Price increased$325,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
8
Subdivision
West Park Add 2
County
Alachua
Year built
1976
Living area
1,334 sq ft
Price/sq ft
$244
Building area
1,682 sq ft (Public Records)
Lot size
10,019 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12001C0292D)
Annual taxes
$4,432 (2025)
Parcel #
06353-141-000
Zoning
R-1A
MLS #
GC539940

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Interior Details

Bedrooms
3
Full bathrooms
2
Flooring
Ceramic Tile
Appliances
Dishwasher, Microwave, Range, Refrigerator
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat, Window Treatments
Laundry
Inside, Laundry Room
Stories / Levels
One
Direction faces
East
In-law suite
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Carport
Yes

HOA & Financial

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

Exterior & Construction

Exterior features
Other, Private Mailbox, Private Yard
Construction materials
Block, Concrete
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

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

Room Details

RoomLevelDimensions
KitchenFirst
Living RoomFirst
Primary BedroomFirst

Listing Details

Listing date
2026-05-05
On market date
2026-05-06
Original list price
$325,000
Occupant type
Vacant
MLS area
32605 - Gainesville
Listing AOR
Gainesville-Alachua
Status changed
2026-05-06
Tax legal description
WEST PARK ADDN 2 OR 99/244-5-6 LOT 141 SEE VACATED PLAT IN OR 989/988) DEED APPEARS IN ERROR OR 5151/1529

Flood risk

Minimal riskFEMA Zone XPanel 12001C0292D

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 at the intersection of NW 34th Street and University Avenue in Gainesville, head West on Newberry rd for about 1.5 miles, then turn right onto NW 55th Terrace. Home is on the left side of NW 55th Terrace.

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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 14, 2026 at 11:45 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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