1516 NE 5TH PLACE GAINESVILLE FL 32641 MLS #TB8428971

1516 NE 5TH PLACE
GAINESVILLE, FL, 32641
$120,000
3 Beds
1 Baths
1,170 SqFt
0.22 Acres
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MLS #TB8428971 image #0
Seller Motivated …. GREAT INVESTMENT OPPORTUNITY !!! This 3 Bed, 1 Bath 1,170 sqft. Home is Ready for the right vision, it can be transformed into a comfortable, stylish residence with notable resale value. Being sold as-is.
The home features an open concept living/dining/kitchen area with a newer Roof 2022. Outside, a one-car carport provides ample covered parking in a .22-acre lot space
It is perfectly situated to enjoy the best of Gainesville, with quick access to UF, lively entertainment, and a variety of great restaurants and shopping. Don’t wait! Schedule your showing today and make it yours!

Property Details

Price:
$120,000
MLS #:
TB8428971
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
NEW GV WAITS SUB
Neighborhood:
32641gainesville
Listed Date:
Sep 18, 2025
Finished Sq Ft:
1,170
Total Sq Ft:
1,562
Lot Size:
9,583 sqft / 0.22 acres (approx)
Year Built:
1971
32641 – Gainesville32641gainesvilleNew Gv Waits SubMarjorie Kinnan Rawlings Elementary School-alWestwood Middle School-alGainesville High School-alNo Minimum

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Schools

Elementary School:
Marjorie Kinnan Rawlings Elementary School-AL
Middle School:
Westwood Middle School-AL
High School:
Gainesville High School-AL

Interior

Appliances
Gas Water Heater, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
None
Flooring
Carpet, Laminate
Heating
Natural Gas
Interior Features
Living Room/Dining Room Combo, Open Floorplan
Laundry Features
Other
Levels
One

Exterior

Construction Materials
Stucco
Covered Spaces
1
Direction Faces
South
Exterior Features
Storage
Fencing
Fenced
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Covered, Driveway
Roof
Shingle

Financial

Tax Year
2024
Taxes
$379

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Single Family in GAINESVILLE as of May 04, 2026
764
Single Family Listed
90
Avg DOM
227
Avg $ / SqFt
$475,130
Avg List Price

Property Summary

    Located in the NEW GV WAITS SUB subdivision, 1516 NE 5TH PLACE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32641. It is listed for $120,000 and features 3 beds, 1 baths, and has approximately 1,170 square feet of living space, and was originally constructed in 1971. The current price per square foot is $103. The average price per square foot for Single Family listings in GAINESVILLE is $227. The average listing price for Single Family in GAINESVILLE is $475,130. To schedule a showing of MLS#tb8428971 at 1516 NE 5TH PLACE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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broker reciprocity Courtesy of FLORIDA HOMES REALTY & MORTGAGE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved.
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1516 NE 5TH PLACE
GAINESVILLE, FL