David Ramirez
$459,900$525,0003 bd2.5 ba2,190 sqft$210 /sqft$3,329 /mo all-in ↓

5149 SW 119TH PLACE, LAKE BUTLER, FL, 32054

Active70 days on marketListed Jun 1, 2026MLS #GC539909

Reduced $65KSingle Family ResidenceLAKE BUTLER

About this home

5149 SW 119TH PLACE

Looking for a recently built home situated on 2.8 peaceful acres, that offers country living with low taxes yet close to Gainesville and Lake City? This custom built home offers the perfect blend of luxury, comfort, and convenience. With an easy commute (approx 30 min) to either Gainesville or Lake City, this quality property qualifies for USDA financing with zero down payment and lower interest rates. This is actually a copyrighted design and it features 3 spacious bedrooms, 2 full bathrooms, plus a convenient half bath, and an open-concept split floor plan ideal for both everyday living and entertaining. Please note that the floor plan approximation in the photos is not an exact rendition of the copyrighted plans, but this will give you a very good idea of the layout of this beautiful home. Elegant crown molding adds a touch of sophistication, while the stunning fireplace in the living area with multiple setting effects that create the perfect ambiance year-round. The chef inspired kitchen is sure to impress with granite countertops, custom solid wood cabinetry, abundant storage, and quality craftmanship. In addition there is a walk in pantry area just off the kitchen with room to take off your shoes coming in from the carport. Outside the carport, a roomy pole barn for your boat or RV awaits. This house also features a generator panel for electric outages in case of storm. One of the generously sized bedrooms offers a unique bonus space that can serve as a private office, library, reading nook, or hobby room, providing flexibility to fit your lifestyle. The split floor plan features the primary suite on one side of the house, and two bedrooms with full bath on the other side. The luxurious primary suite is a true retreat, highlighted by an oversized walk-in shower featuring beautiful tile work, glass doors, and decorative stone accents that create a spa-like experience. In addition, the laundry room is right off the primary bedroom, as well as a nice sized walk-in closet. Outside, you'll enjoy the privacy and possibilities that come with 2.8 acres of land, whether you're looking for room to garden, play, or simply enjoy the natural surroundings from your covered rear porch, or even your covered front porch. This exceptional property combines modern amenities, quality construction, and country charm while remaining conveniently close to Gainesville's shopping, dining, healthcare, and employment options. And living in Lake Butler with its low taxes, excellent school system, and rural country environment gives you the best of both worlds!

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

2,190

Sqft

2.8 ac

Lot size

2023

Year built

One

Levels

$210

Per sqft

FireplaceTrees/Woods view

Inside

FlooringCarpet · Ceramic Tile · Concrete · Luxury Vinyl
AppliancesDishwasher · Electric Water Heater · Ice Maker · Range · Range Hood · Refrigerator
InteriorAccessibility Features · Ceiling Fan(s) · Crown Molding · High Ceilings · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryElectric Dryer Hookup · Inside · Laundry Room · Washer Hookup
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionHardiPlank Type
FoundationSlab
ViewTrees/Woods
FacesEast
ParkingBoat · Covered · Driveway · Guest · Off Street · RV Parking
ExteriorFrench Doors · Lighting · Private Mailbox · Private Yard · Rain Gutters · RV Hookup · Storage

Community & fees

Taxes (2025)$3,093/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Electricity Connected · Water Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$3,329 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,707
FHA mortgage insurance (est.)$203
Property tax — 2025 actual bill$258
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $16,097Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $16,097
Interest rate6.00%
Loan term

Estimated payment

$3,329/mo

Principal & interest$2,707
FHA mortgage insurance (est.)$203
Property taxes (actual bill)$258
Est. insurance$160

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 Lake Butler actives

$210 vs $157

Days on market

70 vs 63 typical

Where $210/sqft sits among the 12 Lake Butler actives

1
1
1
3
2
4 · this home
$49–75$75–102$102–129$129–156$156–183$183+

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 Lake Butler

Map of 5149 SW 119TH PLACE

Get to know Lake Butler. See the full Lake Butler guide →

LAKE BUTLER 32054 — neighborhood snapshot

Population

12,467

Median age

39.7

Median income

$67,044

Median home value

$166,700

Avg household

2.62

Households w/ children

1,339

For the school run

Union County School District

ElementaryLake Butler Elementary School★★★★
HighUnion County High School★★★★★
MiddleLake Butler Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Lake Butler market

Seller’s marketBalanced6.0 months of inventoryBuyer’s market

$259K$199K

Lake Butler median sold, yr/yr

97.2%

Sale-to-list ratio (12 mo)

9 of 12

Lake Butler actives have cut their price

Median sold price, Lake Butler, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 78% above the LAKE BUTLER 32054 median. See the full Lake Butler market guide →

Paper trail

This home's history

CurrentPrice reduced to $459,900 $65K
Jun 1, 2026Listed at $525,000 · 70 days on market since
2023Built · LAKE BUTLER

Reality check

What actually sold near 5149 SW 119TH PLACE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8571 S COUNTY ROAD 231Sold · Nov ’25

$215,000

8571 S COUNTY ROAD 231 · same community

3 bd · 1.5 ba · 1,512 sqft · $142/sqft · 11 DOM

12579 SW 39TH DRIVESold · Nov ’25

$526,000

12579 SW 39TH DRIVE

3 bd · 2 ba · 1,982 sqft · $265/sqft · 7 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5149 SW 119TH PLACE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5149 SW 119TH PLACE — 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.

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Straight answers

5149 SW 119TH PLACE FAQs

What would the monthly payment be for 5149 SW 119TH PLACE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,329/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 5149 SW 119TH PLACE?+

The most recent tax bill on record (2025) was $3,093. 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 Lake Butler?+

At $459,900, this home is listed about 39% above the Lake Butler median of $330,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5149 SW 119TH PLACE?+

Lake Butler Elementary School (elementary), Union County High School (high), Lake Butler Middle School (middle) — Union County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$459,900 runs 78% above the LAKE BUTLER 32054 median.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03Strong assigned schools

Lake Butler Elementary School, Union County High School, Lake Butler Middle School — Lake Butler Elementary School rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $525,000, now $459,900 — a $65K cut. The full history is in the market section below.

Listing courtesy of FREE STATE REALTY · Margo Van Peterson. MLS #GC539909.

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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