119 NW 7TH TERRACE, GAINESVILLE, FL, 32601
Active197 days on marketListed Jan 9, 2026MLS #GC536446
About this home
119 NW 7TH TERRACE
Investment property. Approximately 1/2 mile from UF Campus
Facts & features
The home at a glance
3
Bedrooms
1
Bathrooms
1,134
Sqft
0.11 ac
Lot size
1922
Year built
One
Levels
$256
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.
$2,387 /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
$2,387/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.
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
−12.4%
$/sqft vs Gainesville actives
$256 vs $198
Days on market
197 vs 36 typical
Where $256/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 Fifth Avenue
Get to know Gainesville. See the full Gainesville guide →
Fifth Avenue — neighborhood snapshot
Population
2,726
Median age
22
Median income
$30,573
Median home value
$370,400
Avg household
3
Households w/ children
35%
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
$320K → $312K
Gainesville median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
182 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 21% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 119 NW 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 · Apr ’26$300,000
102 NW 7TH STREET · same community
4 bd · 4 ba · 1,701 sqft · $176/sqft · 53 DOM
Sold · Apr ’26$207,000
1652 SW 16TH STREET UNIT 1652
2 bd · 1.5 ba · 1,120 sqft · $185/sqft · 15 DOM
Sold · Nov ’25$155,000
911 SE 11TH AVENUE
3 bd · 2 ba · 1,156 sqft · $134/sqft · 3 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 119 NW 7TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 119 NW 7TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
119 NW 7TH TERRACE FAQs
What would the monthly payment be for 119 NW 7TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,387/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 119 NW 7TH TERRACE?+
The most recent tax bill on record (2025) was $4,701. 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 $290,000, this home is listed about 2% below the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 119 NW 7TH TERRACE?+
Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high), Westwood 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
01Positioned at the premium end
$290,000 runs 21% above the GAINESVILLE 32601 median.
02Time on market is leverage
197 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $400,000, now $290,000 — a $110K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CAMPUS TO COAST REALTY, LLC · Joyce Dorval. MLS #GC536446.
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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