1836 40TH TERRACE
GAINESVILLE, FL 32605
About this home
This stunning 3 bedroom, 2 bathroom home has been updated with modern comforts and style, while maintaining it's nostalgic feel. The spacious living area flows beautifully for everyday living and entertaining. The kitchen has new updated cabinets with beautiful granite countertops, and a new counter-depth refrigerator. The house boasts a large 2+ car garage with space for a workshop. A new AC/HVAC unit keeps this house comfortable year-round. The backyard is a wonderful oasis to relax, it is fully fenced and includes a concrete patio, new sod, a fire pit, and landscaping. FOR investors: This house earned $39,000+ in less than a year in AirBnB/Vrbo/rental income.
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,734 sqft
- Heating
- Natural Gas
- Cooling
- Central Air
- Flooring
- Hardwood
- Features
- Ceiling Fans(s)
- Appliances
- Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater…
Exterior & lot
- Lot size
- 11,761 sqft (0.27 ac)
- Roof
- Shingle
- Construction
- Brick, Concrete
- Exterior
- Lighting
Parking
- Garage
- 2 spaces
Financial
- Annual tax
- $5,483 (2024)
- Price / sqft
- $217/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Fiber Optics, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected…
Property
- Property type
- Single Family
- Year built
- 1963
- Subdivision
- PALM VIEW ESTATES
- County
- Alachua
Listing
- Status
- Active
- Days on market
- 257 days
- MLS #
- MFR748816645
- Source
- Stellar MLS
Listed by Steven Koleno · BEYCOME OF FLORIDA LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 30 comparable sales within 4 miles of GAINESVILLE, FL, this home is priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $1,901/mo
- Property tax
- $457/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Nov 9, 2025 | Price reduced | $376,000 | −$3,000 |
| Feb 25, 2025 | Listed | $379,000 | — |
NeighbourhoodSample data
Reference scores for GAINESVILLE, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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