324 SW 5TH AVENUE, GAINESVILLE, FL, 32601
Active6 days on marketListed Oct 6, 2026MLS #GC543946
About this home
324 SW 5TH AVENUE
Available December 15th. You can't beat this location! Located behind the 4th Avenue Food Park and between the University of Florida and downtown Gainesville. This 3 bedroom, 2 and a half bathroom home has many updates all designed with energy efficiency in mind. Located in SW Gainesville's Porters neighborhood off a private cul-de-sac, this home has an open concept floor plan with lots of natural light throughout. Enter off the covered front porch, to a Great Room and dining area with an open kitchen all with tiled floors. There is a half bathroom downstairs for guests. Upstairs is the Primary Suite with private bathroom. There are two guest bedrooms that share a guest bathroom as well. Includes washer and dryer. With the addition of a solar panel system, the home has low monthly utility bills and includes internet service and lawn maintenance. The large rear yard is fenced with a beautiful paver patio and fire pit. There are raised beds for planting and the yard is full of mature trees, flowering plants and lots of fruits and citrus trees. Application fee of $54 to include background checks. Pets allowed but restrictions vary based on breed, size and number of pets. Walk to downtown area shops, restaurants and bars only 3 blocks away. Just around the corner from an RTS bus line with a straight shot to campus. UF and UF/Health/Shands is only a third of mile away or just three blocks to Innovation Square.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,296
Sqft
0.2 ac
Lot size
1995
Year built
Two
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$178 /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
$178/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Gainesville actives
$2 vs $198
Days on market
6 vs 75 typical
Where $2/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 Porters Community
Get to know Gainesville. See the full Gainesville guide →
Porters Community — neighborhood snapshot
Population
408
Median age
22
Median income
$23,938
Median home value
$156,700
Avg household
2
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 98% below the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 324 SW 5TH 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$422,500
1142 SW 9TH ROAD UNIT 204
3 bd · 3 ba · 1,296 sqft · $326/sqft · 0 DOM
Sold · Feb ’26$393,000
1142 SW 9TH ROAD UNIT 103
3 bd · 3 ba · 1,296 sqft · $303/sqft · 93 DOM
Sold · Jul ’26$429,500
1257 SW 9TH ROAD UNIT 308
3 bd · 3 ba · 1,330 sqft · $323/sqft · 38 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
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 324 SW 5TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 324 SW 5TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
324 SW 5TH AVENUE FAQs
What would the monthly payment be for 324 SW 5TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $178/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 324 SW 5TH AVENUE?+
The listing reports pets: Monthly Pet Fee, Pet Deposit, Yes. 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 $2,500, this home is listed about 99% below the Gainesville median of $285,000. The market section on this page shows how the area is trending.
Which schools are assigned to 324 SW 5TH AVENUE?+
Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high), Kanapaha Middle School (middle) — 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 32601 market on paper
$2,500 is 98% below the GAINESVILLE 32601 median of $145,000, and at $2/sqft it sits under the Gainesville average of $203.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 6 days on market in a Gainesville market that averages 75 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of ARISTA REALTY · Mike Hastings. MLS #GC543946.
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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