1440 SE 1ST TERRACE, Gainesville, FL, 32601
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,None
- Laundry features: Inside
Bathroom2
- Features: Shower No Tub,No Closet
- Level: First
Bathroom3
- Features: Built-in Closet
- Level: First
Bedroom2
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bonus Room
- Features: Built-in Closet
- Level: First
Features
- Ceiling Fan(s),None
- Flooring: Laminate
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 864
- Total interior livable area: 864 sqft
Kitchen
- Features: Ceiling Fan(s),No Closet
- Level: First
Living Room
- Features: Linen Closet
- Level: First
Primary Bathroom
- Features: Tub With Shower,Linen Closet
- Level: First
Primary Bedroom
- Features: Built-in Closet
- Level: First
Property
Details
- Parcel number: 15955020000
- Zoning: RSF1
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: None,Private Mailbox,Private Yard
Lot
- Lot size: 0.60 Acres
Parking
- Total spaces: 1
- Parking features: Carport
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Hurricane
- Tornado
- Heat Wave
- Inland Flooding
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Alachua County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,353 | $16,236 |
| Home Insurance * | $222 | $2,664 |
| Property Taxes | $220 | $2,640 |
| Electricity | $197 | $2,366 |
| Total | $1,992 | $23,904 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Listed for sale | $267,707 |
For Sale by Agent
View on Zillow