Listing Details for MLS # GC531306
1212 Ne 5th Terrace, Gainesville, Fl 32601

Residential Property - Single Family Residence in Gainesville

Listing Price: $300,000Days on Market: 4

Description of Property

Investor Alert! Fixer-Upper in Historic Duckpond! 1212 NE 5th Terrace, Gainesville, FL 32601 Calling all investors and renovators—this is your chance to own a prime fixer-upper in the heart of Gainesville’s highly sought-after Duckpond Historic District! This property at 1212 NE 5th Terrace offers tons of potential and is ready for a full transformation. With the opportunity to convert the existing layout into a 3-bedroom, 2-bathroom home, you can significantly boost both the profit margins and market appeal. Surrounded by tree-lined streets and charming historic homes, this investment sits in one of Gainesville’s most walkable and picturesque neighborhoods. Just minutes from downtown Gainesville, the University of Florida, UF Health/Shands, parks, shops, and restaurants, the location alone makes this a rare find. This home needs work and is priced accordingly—perfect for investors looking to flip or hold as a high-demand rental. Don’t miss your opportunity to restore and reimagine this hidden gem in the iconic Duckpond community. Schedule your showing today and bring your vision to life!The average asking price for a 3 bedroom/1 bath single family residence in this Zip code is $312,218. This single family residence is listed at about 96% of the average asking price. There are 7 3 bedroom/1 bath homes between $200,000 and $400,000 currently listed for sale in this Zip code. See other listings like this one »