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About this home
4323 NW 12th Ter is a 1956-built home in Magnolia Heights, Gainesville. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,252 square feet of living space. Listed at $244,900 (about $196/sqft), 168 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Welcome to this well-located Gainesville property offering comfort, convenience, and strong long-term potential. Nestled in an established neighborhood, this home provides a functional layout with inviting living spaces and a spacious lot that allows room for outdoor enjoyment, personalization, or future improvements. The location is a standout feature—just minutes from everyday essentials including Publix, ALDI, CVS, Walgreens, and a variety of dining options along the nearby commercial corridor. Whether it’s a quick grocery run or grabbing a meal, everything you need is close by, making daily living highly convenient. For commuters, the property offers easy access to major roadways and is approximately 12–18 minutes from the University of Florida, creating strong appeal for faculty, staff, and medical professionals. Downtown Gainesville, parks, and additional shopping and entertainment options are also within a short drive. Ideal for both homeowners and investors, this property combines location, accessibility, and upside potential in one of Gainesville’s established and steadily growing areas. A great opportunity to secure a home in a well-connected and desirable setting. Seller will contribute towards closing cost. A/C was serviced on 6/16/2026 and is operating properly. Roof is a 2018 roof. Water Heater is 2021, is functioning properly with no issues. Electrical Panel is 2021.
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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
$244,900
$196 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,252 sq ft
Time on market
168 days
Year built
1956
Monthly payment
About $1,589/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,271 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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