2840 NW 27TH TERRACE, GAINESVILLE, FL, 32605
Active29 days on marketListed Jul 8, 2026MLS #GC541681
About this home
2840 NW 27TH TERRACE
This beautiful, Royal Gardens contemporary, pool home offers over 2,000 square feet of living space with 3 bedrooms, a Florida room and 2 full baths. The centrally located great room has a high ceiling, crown molding and French doors leading to the Florida room which overlooks the pool and woods beyond. The kitchen has a pantry, breakfast nook, granite countertops and stainless-steel appliances including a gas oven/range. The primary bedroom has a walk-in closet and luxury bath with a jetted tub and separate shower. Wood floors are found in all living areas, kitchen and bedrooms. Summertime fun awaits with a beautiful, sparkling pool in the fenced and very private backyard with a mix of trees and bamboo plus a walking trail on this almost half-acre lot! Royal Gardens is an elegant neighborhood located on scenic Glen Springs Road in the heart of northwest Gainesville with large picturesque lots and tranquil ambiance just minutes from the University of Florida, Alfred Ring Park and numerous shopping, dining and entertainment venues.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
2,066
Sqft
0.43 ac
Lot size
2
Garage
1989
Year built
One
Levels
$242
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 and the real association fee — not generic estimates.
$3,975 /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
$3,975/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
−5.5%
$/sqft vs Gainesville actives
$242 vs $201
Days on market
29 vs 45 typical
Where $242/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 Royal Gardens
Get to know Gainesville. See the full Gainesville guide →
Royal Gardens — neighborhood snapshot
Population
434
Median age
42
Median income
$187,654
Median home value
$458,500
Avg household
3
Households w/ children
56%
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
$294K → $322K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
181 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 96% above the GAINESVILLE 32605 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 2840 NW 27TH 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$485,000
3514 NW 12TH AVENUE
3 bd · 2 ba · 2,132 sqft · $227/sqft · 8 DOM
Sold · Apr ’26$405,000
1500 NW 30TH STREET
4 bd · 2 ba · 1,981 sqft · $204/sqft · 3 DOM
Sold · Apr ’26$435,000
1717 NW 17TH LANE
4 bd · 2 ba · 1,961 sqft · $222/sqft · 4 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 2840 NW 27TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2840 NW 27TH 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
2840 NW 27TH TERRACE FAQs
What would the monthly payment be for 2840 NW 27TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,975/mo — principal and interest, the actual property-tax bill, the $10/mo association fee 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.
How much are the HOA fees at 2840 NW 27TH TERRACE?+
The association fee works out to $10 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 2840 NW 27TH TERRACE?+
The most recent tax bill on record (2025) was $7,696. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 2840 NW 27TH TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Gainesville?+
At $499,900, this home is listed about 70% above the Gainesville median of $294,900. The market section on this page shows how the area is trending.
Which schools are assigned to 2840 NW 27TH TERRACE?+
Glen Springs Elementary School (elementary), Westwood Middle School (middle), Gainesville High School (high) — 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
$499,900 runs 96% above the GAINESVILLE 32605 median — but at 2,066 sqft it's also 43% larger than the typical Gainesville listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03The price has already moved
Listed at $519,000, now $499,900 — a $19K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA REALTY · Jeff Tice. MLS #GC541681.
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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