Off market sep 2023 for $500K

$542,213

Est. refi paymentEst. refi $795/mo

•

4 ba

•

3,700

sq ft

924 SW 59th Ter, Gainesville, FL 32607

About this home

Introducing a charming fourplex property located in the vibrant city of Gainesville. One unit was partially renovated in 2021, kitchen and floors. This multi-family dwelling offers an excellent investment opportunity and is perfect for individuals looking to expand their real estate portfolio. Rents are below market rates by $200-$400 per unit. This fourplex is conveniently located close to major amenities, including shopping centers, restaurants, parks, and entertainment options. Its prime location provides easy access to transportation routes, making commuting a breeze. Each unit within the fourplex features 2 bedrooms and 1 bathrooms, providing comfortable and spacious living arrangements for tenants. Please see attached rental income and expenses .

Multi-familyProperty Type

1981Year Built

0.26 acresLot Size

$147Est. Price/Sq.Ft.

Listed by Abiel Ballesteros • UNITED DREAM REAL ESTATE

Contact: 305-901-5331

Bought with Matt Merdian • PARK PLACE REAL ESTATE

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #GC513782

Redfin Estimate

$542,213

$42K since sold in September 2023$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 40.8% higher than the average sale price ($385K) of 6 comparable homes.

SOLD JUL 16, 2026
$485,000
A
4 beds3 baths2,548 sq ft
4005 NW 9th Ct, Gainesville, FL 32605
SOLD JUL 23, 2026
$360,000
B
4 beds3 baths2,198 sq ft
3725 NW 8th Ave, Gainesville, FL 32605
SOLD OCT 2, 2026
$293,500
C
3 beds2 baths1,857 sq ft
5040 SW 9th Ln, Gainesville, FL 32607
SOLD JUN 25, 2026
$275,000
D
3 beds2.5 baths1,683 sq ft
920 SW 50th Way, Gainesville, FL 32607
SOLD APR 29, 2026
$599,900
E
5 beds3.5 baths3,104 sq ft
600 NW 35th St, Gainesville, FL 32607
SOLD MAY 20, 2026
$297,500
F
4 beds3 baths1,684 sq ft
3116 W University Ave, Gainesville, FL 32607

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Earn from this home

Sell

$132,005

Est. take-home

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Refinance

Est. cash available

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Market trends in 32607, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.7%

+0.3% MoM

Median sale price

$300K

$49K MoM

Avg. days on market

81d

9 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 21 HRS AGO
$489,000
4 beds3 baths2,893 sq ft
612 NW 101st St, Gainesville, FL 32607
NEW 22 HRS AGO
$163,500
3 beds2.5 baths1,384 sq ft
501 SW 75th St Unit A6, Gainesville, FL 32607
$305,000
2 beds1 bath1,194 sq ft
2703 NW 2nd Ave, Gainesville, FL 32607
$309,000
3 beds2 baths1,442 sq ft
7304 SW 18th Pl, Gainesville, FL 32607
$319,900
4 beds2 baths1,596 sq ft
518 NW 94th Way, Gainesville, FL 32607
$219,000
2 beds2.5 baths1,142 sq ft
2362 SW 42nd Way #165, Gainesville, FL 32607
$425,000
3 beds2 baths1,752 sq ft
79 NW 48th Blvd #16, Gainesville, FL 32607
$177,000
3 beds3 baths1,370 sq ft
5606 SW 8th Pl, Gainesville, FL 32607
$268,000
4 beds2 baths1,565 sq ft
3532 NW 7th Ave, Gainesville, FL 32607
3D WALKTHROUGH
$569,000
3 beds2.5 baths2,486 sq ft
915 SW 86th Way, Gainesville, FL 32607
See all

Provided by Redfin

Sale history for 924 SW 59th Ter

Date

Event

Price

Public Records

Aug 17, 2023

Sold

$2,000,000

$541/sq ft

Stellar MLS as Distributed by MLS Grid #GC513782

Sep 5, 2023

Sold

$500,000

$135/sq ft

Jul 14, 2023

Pending

—

Jun 1, 2023

Listed

$510,000

$138/sq ft

Public Records

Mar 2, 2022

Sold

$15,555,000

$4,204/sq ft

Stellar MLS as Distributed by MLS Grid #GC285158

Apr 1, 2010

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #GC285159

Apr 1, 2010

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #GC285161

Apr 1, 2010

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #GC285160

Apr 1, 2010

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #GC297639

Dec 31, 2008

Listing Removed

—

Public Records

Mar 27, 2006

Sold

$1,000,000

$270/sq ft

Public Records

Sep 17, 2003

Sold

$285,000

$77/sq ft

Public Records

Feb 1, 1985

Sold

$115,800

$31/sq ft

Public Records

Jul 1, 1981

Sold

$126,800

$34/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$9,174 (+13.0%)

2024

$8,118 (+19.5%)

2023

$6,791 (+37.5%)

$65,000 + $164,880

$229,880

2022

$4,940 (+5.8%)

$65,000 + $164,880

$229,880

2021

$4,668 (+10.3%)

2020

$4,231 (+4.8%)

2019

$4,039 (+1.8%)

2018

$3,968 (+9.3%)

$24,000 + $122,000

$146,000

2017

$3,631 (+17.9%)

$24,000 + $89,200

$113,200

2016

$3,080 (−5.8%)

$24,000 + $89,200

$113,200

2014

$3,270

$14,400 + $57,900

$72,300

Tax history for 924 SW 59th Ter

Year

Property tax

Land + Additions

Assessment*

2025

$9,174 (+13.0%)

2024

$8,118 (+19.5%)

2023

$6,791 (+37.5%)

$65,000 + $164,880

$229,880

2022

$4,940 (+5.8%)

$65,000 + $164,880

$229,880

2021

$4,668 (+10.3%)

2020

$4,231 (+4.8%)

2019

$4,039 (+1.8%)

2018

$3,968 (+9.3%)

$24,000 + $122,000

$146,000

2017

$3,631 (+17.9%)

$24,000 + $89,200

$113,200

2016

$3,080 (−5.8%)

$24,000 + $89,200

$113,200

2014

$3,270

$14,400 + $57,900

$72,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

1995

Sq. Ft.

3,700

Year built

1981

Style

Other

County

Alachua County

APN

06675-009-039

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 9, 2026.

R-2A

Multiple-family, Medium-High Density District

The multiple-family residential zoning districts implement the Urban Residential policies of the Future Land Use Element of the Comprehensive Plan. Multi-family districts shall be allowed only in those areas designated Medium, Medium-High, or High Density Residential on the Future Land Use Map. Exemptions to the minimum density of a parcel may be approved by the DRC if it is determined that environmental site constraints, infrastructure constraints, or parcels of limited scale preclude achieving the gross density.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Student
Park & open space

Property details

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 8

Heating & Cooling
Heating Information: Central
Cooling Information: Central Air

Interior Features
Interior Features: Ceiling Fans(s)

Exterior

Building Information
Construction Materials: Block, Brick
Roof: Shingle

Exterior Features
Exterior Features: Balcony, Other

Property Features
Universal Property Id: US-12001-N-06675009039-R-N

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0

Property Information
Total Num Buildings: 1
CDD Y/N: 0
Property Type: Residential Income
Property Sub Type: Quadruplex
Zoning: R-2A

Land Information
Total Acreage: 1/4 to less than 1/2

Lot Information
Lot Size Acres: 0.26
Road Surface Type: Asphalt
Lot Size Square Meters: 1052

Financial

Tax Information
Tax Annual Amount: $4,939.66
Tax Year: 2022

Lease / Rent Details
Tenant Pays: Electricity, Water

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Water Available

Location

Multi-Family Financial Information
Gross Income: $46,800
Est Annual Market Income: 36919.00
Annual Net Income: 28745.00
Annual Expenses: 22811
Total Monthly Expenses: 16164

Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 1
# of Units: 4

Unit Type 1 Information
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 2

Unit Type 2 Information
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 2

Unit Type 3 Information
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 2

Unit Type 4 Information
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 2

HOA Information
MFR_Association2YN: 0

School Information
Elementary School: Hidden Oak Elementary School-AL
Middle Or Junior High School: Fort Clarke Middle School-AL
High School: F. W. Buchholz High School-AL

Location Information
Directions: It is easily located in the google maps.

Community Information
Pets Allowed: Yes
Development: Linton Shores

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 3,700
Stories: 1.0
Lot Size: 0.26 acres
Style: Other
Year Built: 1981
Year Renovated: 1995
County: Alachua County
APN: 06675-009-039

Home facts updated by county records on Sep 8, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Attribution Contact: 305-901-5331
Previous Status: Pending
Backups Requested YN: 0

Listing Date Information
Days to Contract: 42
Status Contractual Search Date: 2023-09-05

Listing Price Information
Calculated List Price By Calculated Sq Ft: 137.84

Green Information
Green Verification Count: 0

Home Information
Living Area: 3700
Living Area Units: Square Feet
Living Area Source: Appraiser
Living Area Meters: 343.74
Building Area Units: Square Feet
Foundation Details: Other

Around this home

Schools

Hidden Oak Elementary School

Public PreK-5 • Assigned • 2.8mi

9/10

Fort Clarke Middle School

Public 6-8 • Assigned • 3.0mi

7/10

F. W. Buchholz High School

Public 9-12 • Assigned • 2.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-14% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 21 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

4 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Gainesville, FL • 32607

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$516,000 – $624,000

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Home values near 924 SW 59th Ter

Data from public records.

Address	Redfin Estimate
1000 Southwest 59th Ter, Gainesville, FL 8 Beds \| 4 Baths \| 3658 Sq. Ft.	$480,321
921 Southwest 59th Ter, Gainesville, FL - Beds \| - Baths \| 3348 Sq. Ft.	—

Address	Redfin Estimate
1010 Southwest 59th Ter, Gainesville, FL 2 Beds \| 1 Baths \| 1848 Sq. Ft.	—
911 Southwest 59th Ter, Gainesville, FL 2 Beds \| 1 Baths \| 3348 Sq. Ft.	—

Address	Redfin Estimate
904 Southwest 59th Ter, Gainesville, FL 3 Beds \| 2 Baths \| 1920 Sq. Ft.	—
1003 Southwest 59th Ter, Gainesville, FL 8 Beds \| 4 Baths \| 3348 Sq. Ft.	$528,134

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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