SW 38 TERRACE, GAINESVILLE, FL, 32608
Active20 days on marketListed Sep 22, 2026MLS #GC543490
About this home
SW 38 TERRACE
Auction Property. Trustee Ordered: ON-LINE ABSOLUTE AUCTION, Sells TO HIGHEST BIDDER, Regardless of Price! REGISTER NOW & BID NOW,! Auction Ends Oct 14th at 1pm. Prime 2.61 acres (+-) along SW 38th Terrace, Gainesville Development Opportunity U-9 Zoning, Mixed Use, Multifamily & Commercial Potential. Rare to find vacant land with this type of opportunity in one of Gainesville's most desirable growth corridors, just north of Butler Plaza and Archer Road. If you're not ready to develop now, bank the land for future use! The Auctions end on October 14, 2026 at 1pm. YOU DON'T WANT TO MISS THIS ONCE IN A LIFETIME OPPORTUNI - REGISTER TO BID NOW!
Facts & features
The home at a glance
2.61 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.
$1,010 /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
$1,010/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 Gainesville
Get to know Gainesville. See the full Gainesville guide →
GAINESVILLE 32608 — neighborhood snapshot
Population
53,966
Median age
30.2
Median income
$60,182
Median home value
$340,200
Avg household
2.3
Households w/ children
4,332
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)
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% below the GAINESVILLE 32608 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near SW 38 TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$124,000
3705 SW 27TH STREET UNIT 828
1 bd · 1 ba · 600 sqft · $207/sqft · 39 DOM
Sold · Jun ’26$133,000
3705 SW 27TH STREET UNIT 824
1 bd · 1 ba · 600 sqft · $222/sqft · 11 DOM
Sold · Jan ’26$137,000
3705 SW 27TH STREET UNIT 223
2 bd · 2 ba · 950 sqft · $144/sqft · 173 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
Donna Layton
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about SW 38 TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for SW 38 TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Donna's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
SW 38 TERRACE FAQs
What would the monthly payment be for SW 38 TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,010/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 SW 38 TERRACE?+
The most recent tax bill on record (2025) was $10,119. 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 $1,000, this home is listed about 100% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to SW 38 TERRACE?+
Kanapaha Middle School (middle), Kimball Wiles Elementary School (elementary), Gainesville High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CAMPEN REALTY · John Campen, Jr.. MLS #GC543490.
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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