$325,000
1214 55th Terrace
Gainesville, FL 32605
Listing updated: May 14, 2026 at 11:45 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveMay 6, 2026
- Listed$325,000May 6, 2026
- 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
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
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
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
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-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.
More homes like this

$224,900
2240 Nw 55th Ter
Gainesville, FL 32605
2 bd · 1 ba · 936 sqft
West Park Add 2
MLS ID #OM727395, TRANS GLOBAL REALTY, INC.
Listing provided by Stellar MLS

$349,900
10819 Nw 39th Ave
Gainesville, FL 32606
3 bd · 3 ba · 1,963 sqft
Nosu
MLS ID #GC534753, COLDWELL BANKER M.M. PARRISH REALTORS.
Listing provided by Stellar MLS

$409,000
5949 Sw 83rd Ter
Gainesville, FL 32608
4 bd · 2 ba · 1,768 sqft
Chestnut Village Ph Ii Pb 35 Pg 74
MLS ID #GC537034, MAISON.
Listing provided by Stellar MLS

$235,000
8496 Nw 38th Ter
Gainesville, FL 32653
2 bd · 2 ba · 1,392 sqft
Turkey Creek Forest
MLS ID #GC541160, MAISON.
Listing provided by Stellar MLS
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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA