1237 SE 3RD AVENUE, GAINESVILLE, FL, 32641
Active151 days on marketListed Feb 23, 2026MLS #GC537844
About this home
1237 SE 3RD AVENUE
Rare opportunity to purchase a 0.31-acre parcel zoned U3 (Urban 3) in the City of Gainesville. This zoning allows a variety of residential development options including single-family homes, duplexes, townhomes, and accessory dwelling units (ADUs). With approximately 13,503 square feet, the parcel offers excellent potential for urban infill development, making it ideal for builders, investors, or buyers seeking income-producing property. U3 zoning encourages walkable neighborhood design and moderate residential density. Convenient Gainesville location with strong development potential. Buyer to verify all zoning and development possibilities with the City of Gainesville.
Facts & features
The home at a glance
0.31 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$547 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$547/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside North Lincoln Heights
Get to know Gainesville. See the full Gainesville guide →
North Lincoln Heights — neighborhood snapshot
Population
373
Median age
45
Median income
$29,704
Median home value
$143,178
Avg household
2
Households w/ children
62%
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$320K → $312K
Gainesville median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 76% below the GAINESVILLE 32641 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1237 SE 3RD AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$247,000
1074 EMPORIA ROAD · same community
2 bd · 1 ba · 716 sqft · $345/sqft · 11 DOM
Sold · Dec ’25$130,000
5640 SW 57TH AVENUE · same community
2 bd · 1 ba · 756 sqft · $172/sqft · 78 DOM
Sold · Dec ’25$168,500
12860 SW 174TH STREET · same community
3 bd · 1 ba · 816 sqft · $206/sqft · 83 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Chris Shouse
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1237 SE 3RD AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1237 SE 3RD AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Chris's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1237 SE 3RD AVENUE FAQs
What would the monthly payment be for 1237 SE 3RD AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $547/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1237 SE 3RD AVENUE?+
The most recent tax bill on record (2025) was $461. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $55,000, this home is listed about 81% below the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1237 SE 3RD AVENUE?+
Joseph Williams Elementary School (elementary), Abraham Lincoln Middle School (middle), Eastside High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the GAINESVILLE 32641 market on paper
$55,000 is 76% below the GAINESVILLE 32641 median of $225,200.
02Time on market is leverage
151 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $70,000, now $55,000 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ADVANCED REALTY SERVICES OF GAINESVILLE, INC · Edwin Dix. MLS #GC537844.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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