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Overview

3 bd2 ba1,928 sqftSingle Family
TypeSingle Family
HOANone listed
Built1957
Lot15,115 sqft
Living area1,928 sqft
Price / sqft$83

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About this home

Primary Bedroom Main Floor

709 NW Palm Dr is a 1957-built home in Gwen Lake Estates Sub, Lake City. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,928 square feet of living space. Listed at $159,950 (about $83/sqft), 14 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Enjoy the best of both worlds in Lake City's Gwen Lake Estates! Situated on over a third of an acre, the original footprint of the home was constructed in 1957. It still retains much its 1950s charm with real wood floors, retro blue bathroom tile, and built-in display shelves. A new wing was built onto the home in 2006, nearly doubling the livable space and bringing the total to nearly 2,000 square feet. This addition made space for a luxurious primary suite, laundry/utility room, and additional living area, creating a flexible and spacious floorplan for the whole family to enjoy. The screened porch at the back of the home overlooks the cleared fenced yard with a wood deck, an above-ground pool, and plenty of space for additional improvements. Located in the heart of Lake City, only a 5-minute drive from the historic downtown district and less than 10 minutes to I-75 at either US 90 or SR 47. Don't miss this opportunity to make key improvements to an already fantastic offering!

The essentials

Built
1957
Price / sqft
$83
On market
14 days
Annual tax
$4,165
Flood zone
X · Low risk
Lot
15,115 sqft
Type
Single Family Residence

At a glance

Single family
Built 1957
Private pool
Above Ground
0.35 acres
Lot size
1,928 sqft
Living area

Payment

Est. monthly payment
$1,261/mo
Down payment (20%)
$31,990
Property taxes
$347/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1957
Lot
15,115 sqft
Cooling
Other
Heating
Other
Parking
Driveway
Pool
Above Ground
Days on Market
14
Primary Bedroom Main Floor
Flood Zone X
Annual Tax (2025)
$4,165
Parcel #
31-3S-17-05965-000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Gwen Lake Estates Sub
County
Columbia
MLS Area
32055 - Lake City
Lot Size
15,115 sqft
Cleared

Price history

Date
Event
Price
10/2/2026
Listed for sale
Source: Stellar MLS #GC543947
$159,950
$83/sqft

Neighborhood

709 NW Palm Dr
Lake City, FL, 32055 · 32055 - Lake City

Market insights

Offer Insights

Choose an offer strength

List price: $159,950
$152,500 – $159,950
95.9% – 100% of listTops out right at the list price
80% of listList price
24 of the last 46 home closings in Lake City landed at this number or higher (52%). The median one sat 49 days before it went under contract, and this one is on day 14.

Sample: 46 closed home sales in Lake City over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,261/mo
Principal & interest$834
Property taxes$347
Insurance$80
Down payment20% · $31,990
Interest rate6.80%
Loan term

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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

$159,950

$83 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,928 sq ft

Time on market

14 days

Year built

1957

Monthly payment

About $1,261/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,165 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.

Offer

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Have another question?

Brokered byHORIZON REALTY OF ALACHUA INCListing agent: Patti MoserListing data from Stellar MLS, MLS# GC543947.

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