1440 SE 1ST TERRACE, GAINESVILLE, FL, 32601
Active17 days on marketListed Jul 16, 2026MLS #GC541971
About this home
1440 SE 1ST TERRACE
Welcome to this beautifully renovated 3-bedroom, 2-bath home with a versatile bonus room, situated on a spacious 0.60-acre lot just minutes from everything Gainesville has to offer. Completely updated from top to bottom, this home features new honey oak luxury wood-look laminate flooring throughout, brand-new soft-close cabinetry, and bright recessed lighting that creates an open, inviting atmosphere while making the home feel even larger. The heart of the home is the expansive kitchen, offering plenty of space for meal preparation, entertaining, and gathering with family and friends. Whether you're hosting holiday dinners or enjoying everyday living, this thoughtfully designed space is sure to impress. The bonus room includes its own full bathroom and closet, providing endless possibilities as a guest suite, home office, playroom, media room, or potential fourth bedroom. Conveniently located just 12 minutes from the University of Florida and approximately 12 minutes from Archer Road, you'll enjoy quick access to Gainesville's top restaurants, shopping, entertainment, and medical facilities while still having the privacy and room to spread out on over half an acre. If you're looking for a move-in-ready home with modern finishes, flexible living space, and an unbeatable location, this property is one you won't want to miss!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
864
Sqft
0.6 ac
Lot size
1965
Year built
One
Levels
$310
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.
$2,046 /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
$2,046/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
$310 vs $198
Days on market
17 vs 36 typical
Where $310/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 Sugar Hill
Get to know Gainesville. See the full Gainesville guide →
Sugar Hill — neighborhood snapshot
Population
302
Median age
39
Median income
$41,417
Median home value
$132,600
Avg household
3
Households w/ children
25%
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 7% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1440 SE 1ST TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$100,000
75 SE 16TH AVENUE UNIT A204
2 bd · 2 ba · 874 sqft · $114/sqft · 200 DOM
Sold · Oct ’25$97,500
89 SE 16TH AVENUE UNIT P102
2 bd · 2 ba · 874 sqft · $112/sqft · 43 DOM
Sold · May ’26$129,000
75 SE 16TH AVENUE UNIT A101
2 bd · 2 ba · 874 sqft · $148/sqft · 29 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 1440 SE 1ST TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1440 SE 1ST 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
1440 SE 1ST TERRACE FAQs
What would the monthly payment be for 1440 SE 1ST TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,046/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 1440 SE 1ST TERRACE?+
The most recent tax bill on record (2025) was $2,294. 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 $267,707, this home is listed about 9% below the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 1440 SE 1ST TERRACE?+
Abraham Lincoln Middle School (middle), Idylwild Elementary School (elementary), Gainesville High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS · Keelan Cox. MLS #GC541971.
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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