1032 NW 40TH AVENUE, GAINESVILLE, FL, 32609
Active100 days on marketListed Apr 25, 2026MLS #GC539805
About this home
1032 NW 40TH AVENUE
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.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
423
Sqft
0.12 ac
Lot size
1949
Year built
One
Levels
$343
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.
$1,227 /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
$1,227/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.
$/sqft vs Gainesville actives
$343 vs $199
Days on market
100 vs 36 typical
Where $343/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 32609 — neighborhood snapshot
Population
19,694
Median age
35.9
Median income
$48,121
Median home value
$174,500
Avg household
2.31
Households w/ children
1,692
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)
186 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 27% below the GAINESVILLE 32609 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1032 NW 40TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$130,000
4118 NW 11TH STREET · same community
2 bd · 1 ba · 819 sqft · $159/sqft · 0 DOM
Sold · Feb ’26$115,000
7335 PROXIMA, Jacksonville FL 32210 · same community
2 bd · 1 ba · 175 DOM
Sold · Feb ’26$165,000
6358 CLARET DRIVE · same community
3 bd · 1 ba · 884 sqft · $187/sqft · 76 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 1032 NW 40TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1032 NW 40TH AVENUE — 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
1032 NW 40TH AVENUE FAQs
What would the monthly payment be for 1032 NW 40TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,227/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 1032 NW 40TH AVENUE?+
The most recent tax bill on record (2025) was $1,786. 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 $145,000, this home is listed about 51% below the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1032 NW 40TH AVENUE?+
Gainesville High School (high), Stephen Foster Elementary School (elementary), 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
01Under the GAINESVILLE 32609 market on paper
$145,000 is 27% below the GAINESVILLE 32609 median of $199,900.
02Time on market is leverage
100 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 $149,900, now $145,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ANSON PROPERTIES LLC · Stephanie Anson. MLS #GC539805.
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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