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About this home
1129 NE 24th Ter is a 1969-built home in Cedar Grove, Gainesville. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,456 square feet of living space. Listed at $199,000 (about $137/sqft), 17 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Calling all investors, contractors, and buyers looking for a renovation opportunity! The current owner began an extensive renovation of the property, with much of the major infrastructure work already completed leaving the next owner with the opportunity to complete the interior and bring their own vision to life. Much of the major work has already been completed, including a BRAND-NEW ROOF, NEW HVAC SYSTEM, COMPLETE REWIRING, and COMPLETE REPLUMBING. The interior has been fully demolished and is currently a shell, ready for the finishing stages of renovation. The home is currently listed as a 3-bedroom, 2-bathroom property; however, the current owner has added an additional bedroom and bathroom, creating a proposed 4-bedroom, 3-bathroom layout once completed. There is also a large bonus room offering additional flexibility and the potential for another bedroom, home office, workshop, or generous storage space. With the demolition and substantial infrastructure improvements already completed, this property provides an excellent head start for someone ready to finish the renovation. A great opportunity to customize the interior from the ground up and unlock the property's full potential!
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$199,000
$137 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,456 sq ft
Time on market
17 days
Year built
1969
Monthly payment
About $1,207/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $832 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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