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Active Residential

1032 NW 40TH AVENUE

Gainesville, FL 32609

STELLAR #GC539805 Updated: May 5, 2026, 9:38pm
$145,000
1 Beds • 1 Baths • 423 SqFt
Property
ActiveResidential
1/25
$145,000

1032 NW 40TH AVENUE

Gainesville, FL 32609
1
Beds
1
Baths
423
SqFt
0.12
Acres
STELLAR
#GC539805
Updated: May 5, 2026, 9:38pm

Property Description

Welcome to a property that doesn’t quite fit in a box—and honestly, that’s the best part.

1032 NW 40th Ave isn’t just a home… it’s an opportunity waiting for the right kind of buyer to recognize it.

Right now, it’s successfully operating as both an Airbnb and a midterm rental, which means it’s already proven itself as an income-producing asset. Whether you’re looking to continue that momentum or pivot into something new, the groundwork is here. If you’ve been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path toward affordable living. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you’re an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.
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Included Appliances
DishwasherDryerMicrowaveRangeWasher

Property Details

Interior
Appliances
DishwasherDryerMicrowaveRangeWasher
Bathrooms Total Decimal
Yes
Building Area Total
513
Cooling
Wall/Window Unit(s)
Flooring
Luxury Vinyl
Furnished
Unfurnished
Heating
Wall Units / Window Unit
Interior Features
Primary Bedroom Main Floor
Laundry Features
Laundry RoomOutside
Living Area
423
Rooms Total
4
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Other
Direction Faces
South
Foundation Details
Crawlspace
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
Yes
Year Built
1949
Site & Exterior
Exterior Features
Private MailboxPrivate Yard
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.12
Lot Size Area
5227
Lot Size Square Feet
5227
Lot Size Units
Square Feet
Public Survey Range
20
Public Survey Section
20
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
RMF5
Financials
Calculated List Price By Calculated Sq Ft
342.79
Contract Status Change Date
2026-04-25
Current Price
145000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
OWNER OF RECORD
Ownership
Fee Simple
Parcel Number
08070000000
Public Survey Township
09
Tax Annual Amount
1786.47
Tax Book Number
A-167
Tax Legal Description
OAK HILL PB A-167-168 LOTS 39 40 BK E LESS N 210 FT OF E 315 FT OF SE1/4 OF SW1/4 OF SW1/4) OR 4984/2484
Tax Lot
39
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32609 - Gainesville
Subdivision Name
OAK HILL
Listing provided courtesy of STELLAR via IDX. Updated: May 5, 2026, 9:38pm.
Amber Smith

Listing Agent

ANSON PROPERTIES LLC

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