2245 NW 16TH TERRACE UNIT 2245, GAINESVILLE, FL, 32605
Active52 days on marketListed Aug 21, 2026MLS #GC542217
About this home
2245 NW 16TH TERRACE UNIT 2245
Virtually Staged. Spacious 3 bed/3 bath condo in NW Gainesville near the University of Florida, UF Health Shands Hospital. Brand new paint throughout the entire condo, and the property comes furnished with 3 beds and living/dining room furniture! The well-designed floor plan includes a large kitchen with a breakfast bar, a dedicated dining area, and an open living room that leads to a spacious bonus room. Each bedroom offers a large closet and a full bathroom, and tile flooring runs throughout the unit - NO CARPET! The condo is equipped with all appliances, including a washer and dryer, and includes a separate, lockable exterior storage closet located just outside the front door. Community amenities include a swimming pool and its right near the bus line. With its proximity to UF and UF Health Shands Hospital, this condo offers a rare combination of comfort, convenience, and location!
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
1,463
Sqft
2.17 ac
Lot size
2005
Year built
One
Levels
$144
Per sqft
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.
$1,702 /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
$1,702/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−18.6%
$/sqft vs Gainesville actives
$144 vs $198
Days on market
52 vs 75 typical
Where $144/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32605 — neighborhood snapshot
Population
25,698
Median age
40.5
Median income
$83,114
Median home value
$264,700
Avg household
2.34
Households w/ children
2,649
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
$294K → $309K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
244 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 16% below the GAINESVILLE 32605 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 2245 NW 16TH TERRACE UNIT 2245
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’26$195,000
2291 NW 16TH TERRACE UNIT 2291 · same community
3 bd · 3 ba · 1,453 sqft · $134/sqft · 188 DOM
Sold · Feb ’26$165,000
2211 NW 16TH TERRACE UNIT 2211 · same community
2 bd · 2 ba · 1,038 sqft · $159/sqft · 16 DOM
Sold · Mar ’26$610,000
319 CELEBRATION BOULEVARD · same community
3 bd · 3.5 ba · 2,544 sqft · $240/sqft · 5 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 2245 NW 16TH TERRACE UNIT 2245 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2245 NW 16TH TERRACE UNIT 2245 — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2245 NW 16TH TERRACE UNIT 2245 FAQs
What would the monthly payment be for 2245 NW 16TH TERRACE UNIT 2245?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,702/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 2245 NW 16TH TERRACE UNIT 2245?+
The most recent tax bill on record (2025) was $2,552. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 2245 NW 16TH TERRACE UNIT 2245?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Gainesville?+
At $210,000, this home is listed about 26% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2245 NW 16TH TERRACE UNIT 2245?+
F. W. Buchholz High School (high), Kanapaha Middle School (middle), Myra Terwilliger Elementary School (elementary) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of UNIVERSITY REALTY · Eric Leightman. MLS #GC542217.
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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