1305 NE 7TH TERRACE, GAINESVILLE, FL, 32601
Active1 days on marketListed Oct 22, 2026MLS #GC544371
About this home
1305 NE 7TH TERRACE
Great income-producing rental just steps from Tom Petty Park and the Historic Duckpond neighborhood. This 3-bedroom, 1.5-bath block home features hardwood floors, an enclosed front porch, a one-car carport, and a low-maintenance backyard perfect for morning coffee and birdwatching. Set on a nicely wooded lot and close to schools, parks, shopping, and restaurants, the location is hard to beat. Currently leased at $1,450/month through May 31, 2027—an excellent opportunity for reliable, long-term rental income.
Facts & features
The home at a glance
3
Bedrooms
1.5
Bathrooms
1,571
Sqft
0.24 ac
Lot size
1952
Year built
One
Levels
$175
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.
$2,577 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
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
$2,577/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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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
+6.3%
$/sqft vs Gainesville actives
$175 vs $196
Days on market
1 vs 69 typical
Where $175/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 32601 — neighborhood snapshot
Population
23,296
Median age
23
Median income
$30,878
Median home value
$284,200
Avg household
2.1
Households w/ children
1,322
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)
226 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 75% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1305 NE 7TH TERRACE
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$475,000
314 W COMANCHE AVENUE · same community
3 bd · 2 ba · 1,319 sqft · $360/sqft · 3 DOM
Sold · Feb ’26$210,000
1505 NE 8TH STREET · same community
3 bd · 1 ba · 1,189 sqft · $177/sqft · 11 DOM
Sold · Jun ’26$272,000
1523 NE 1ST AVENUE
4 bd · 2 ba · 1,544 sqft · $176/sqft · 81 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
Emanuel Marin Maldonado
Real estate agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1305 NE 7TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1305 NE 7TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Emanuel's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1305 NE 7TH TERRACE FAQs
What would the monthly payment be for 1305 NE 7TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $2,577/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 1305 NE 7TH TERRACE?+
The most recent tax bill on record (2025) was $4,884. 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 $275,000, this home is listed about 3% below the Gainesville median of $283,070. The market section on this page shows how the area is trending.
Which schools are assigned to 1305 NE 7TH TERRACE?+
Abraham Lincoln Middle School (middle), Gainesville High School (high), Idylwild 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 GORE-RABELL REAL ESTATE INC · Bill Rohan. MLS #GC544371.
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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