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$267,707

1440 1st Terrace

Gainesville, FL 32601

Listing updated: July 21, 2026 at 1:18 PM ET

Active

Listing courtesy of Keller Williams Gainesville Realty Partners · Keelan Cox · MLS #GC541971 · Active · 352-240-0600

Beds

Baths

864

Sq Ft

0.6

Acres

1965

Built

◆In-law suite◆$310/sqft◆360° tour

Single Family Residence

Property type

1965

Year built

26,136 sqft

Lot size

$310

Price / sq ft

No HOA

HOA dues

Days on market

Flood zone

About this home

Welcome to this beautifully renovated 3-bedroom, 2-bath home with a versatile bonus room, situated on a spacious 0.60-acre lot just minutes from everything Gainesville has to offer. Completely updated from top to bottom, this home features new honey oak luxury wood-look laminate flooring throughout, brand-new soft-close cabinetry, and bright recessed lighting that creates an open, inviting atmosphere while making the home feel even larger. The heart of the home is the expansive kitchen, offering plenty of space for meal preparation, entertaining, and gathering with family and friends. Whether you're hosting holiday dinners or enjoying everyday living, this thoughtfully designed space is sure to impress. The bonus room includes its own full bathroom and closet, providing endless possibilities as a guest suite, home office, playroom, media room, or potential fourth bedroom. Conveniently located just 12 minutes from the University of Florida and approximately 12 minutes from Archer Road, you'll enjoy quick access to Gainesville's top restaurants, shopping, entertainment, and medical facilities while still having the privacy and room to spread out on over half an acre. If you're looking for a move-in-ready home with modern finishes, flexible living space, and an unbeatable location, this property is one you won't want to miss!

Estimated monthly payment

Principal & interest$1,354

Property taxes$191

Home insurance (est.)$123

Down payment

20%

$53,541 downRate

6.5%

Term

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 history5 days on market

Status: Active
Jul 16, 2026
Listed$267,707
Jul 16, 2026
Price increased$267,707

Facts & features

Property type: Residential
Sub type: Single Family Residence
Status: Active
Days on market: 5
Subdivision: Albert Washington Estates
County: Alachua
Year built: 1965
Living area: 864 sq ft
Price/sq ft: $310
Lot size: 26,136 sq ft
Lot category: 1/2 to less than 1
Flood zone: x
Annual taxes: $2,294 (2025)
Parcel #: 15955-020-000
Zoning: RSF1
MLS #: GC541971

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Interior Details

Bedrooms: 3
Full bathrooms: 2
Flooring: Laminate
Appliances: Gas Water Heater, None
Interior features: Ceiling Fans(s), Ninguno
Laundry: Inside
Stories / Levels: One
Direction faces: North
In-law suite: Yes

Heating & Cooling

Heating: Central
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: None, Private Mailbox, Private Yard
Construction materials: Block
Roof: Shingle
Foundation: Slab
Road surface: Paved

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Public

Schools

ElementaryJoseph Williams Elementary School-ALGreatSchools ↗

MiddleAbraham Lincoln Middle School-ALGreatSchools ↗

High SchoolEastside High School-ALGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

Room	Level	Dimensions
Bedroom 2	First
Bathroom 3	First
Primary Bathroom	First
Primary Bedroom	First
Kitchen	First
Living Room	First
Bonus Room	First
Bathroom 2	First

Listing Details

Listing date: 2026-07-15
On market date: 2026-07-16
Original list price: $267,707
Occupant type: Vacant
MLS area: 32601 - Gainesville
Listing AOR: Orlando Regional
Status changed: 2026-07-16
Tax legal description: ALBERT WASHINGTON ESTATES PB F-47 LOT 16 OR 1951/1936

Flood risk

Minimal riskFEMA Zone X

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 the intersection of University and Waldo Road, travel west on Waldo road heading towards archer Rd. Turn right on 1st Terr and look for the sign

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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 July 21, 2026 at 1:18 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.

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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