1129 NE 24TH TERRACE, GAINESVILLE, FL, 32641
Active16 days on marketListed Sep 24, 2026MLS #GC543771
About this home
1129 NE 24TH TERRACE
Calling all investors, contractors, and buyers looking for a renovation opportunity! The current owner began an extensive renovation of the property, with much of the major infrastructure work already completed leaving the next owner with the opportunity to complete the interior and bring their own vision to life. Much of the major work has already been completed, including a BRAND-NEW ROOF, NEW HVAC SYSTEM, COMPLETE REWIRING, and COMPLETE REPLUMBING. The interior has been fully demolished and is currently a shell, ready for the finishing stages of renovation. The home is currently listed as a 3-bedroom, 2-bathroom property; however, the current owner has added an additional bedroom and bathroom, creating a proposed 4-bedroom, 3-bathroom layout once completed. There is also a large bonus room offering additional flexibility and the potential for another bedroom, home office, workshop, or generous storage space. With the demolition and substantial infrastructure improvements already completed, this property provides an excellent head start for someone ready to finish the renovation. A great opportunity to customize the interior from the ground up and unlock the property's full potential!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,456
Sqft
0.15 ac
Lot size
1969
Year built
One
Levels
$137
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.
$1,489 /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
$1,489/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
−8.7%
$/sqft vs Gainesville actives
$137 vs $198
Days on market
16 vs 75 typical
Where $137/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 Cedar Grove
Get to know Gainesville. See the full Gainesville guide →
Cedar Grove — neighborhood snapshot
Population
471
Median age
44
Median income
$37,375
Median home value
$126,300
Avg household
3
Households w/ children
43%
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)
242 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 5% above the GAINESVILLE 32641 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1129 NE 24TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$95,000
1129 NE 24 TERRACE · same community
3 bd · 2 ba · 1,456 sqft · $65/sqft · 252 DOM
Sold · Jul ’26$195,000
1135 NE 24TH TERRACE · same community
3 bd · 2 ba · 1,018 sqft · $192/sqft · 88 DOM
Sold · May ’26$371,530
2940 WINDING CREEK TRAIL · same community
3 bd · 3 ba · 2,230 sqft · $167/sqft · 0 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
Zack Zonker
President Tampa Division · CENTURY 21 Edge
Tours, negotiation, and every question about 1129 NE 24TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1129 NE 24TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Zack's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1129 NE 24TH TERRACE FAQs
What would the monthly payment be for 1129 NE 24TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,489/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 1129 NE 24TH TERRACE?+
The most recent tax bill on record (2025) was $832. 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 $199,000, this home is listed about 30% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1129 NE 24TH TERRACE?+
Howard W. Bishop Middle School (middle), Marjorie Kinnan Rawlings Elementary School (elementary), Eastside 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 KINGS HOME REALTY LLC · Garrett King. MLS #GC543771.
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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