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About This Home

This 2-bedroom, 1-bathroom single family at 517 NW 36TH TERRACE in Gainesville, FL is listed for $190,000 ($165 per sqft). Built in 1956, the home offers 1,152 sqft of living space on a 0.24 acres lot.

Agent Description

Location, location, location!

This solid block home is perfectly positioned near the University of Florida, UF Health, the VA Hospital, shopping, dining, and more, making it an excellent opportunity for investors or buyers with vision.

Offering 1,152 SF of living area (1,445 SF total), this 2-bedroom, 1-bath home features a Florida room and a small office, providing flexible living space with plenty of potential. The property sits on a .24-acre fully fenced lot, offering room to expand, reconfigure, or create an outdoor oasis.

The home does need some renovation and is priced accordingly; however, it is livable in its current condition. The current owners have lived in the home since 1986, reflecting long-term ownership and solid construction.

Buyer to note: the seller has installed a new water heater and water lines, the seller replaced old windows throughout the home with new double pane windows, as well as completed some electrical work, all of which were done without permits. The exterior was painted in 2025. Buyer to verify and accept property condition.

With the right updates and imagination, this property presents a rare opportunity to create a standout residence or income-producing investment in one of Gainesville’s most desirable and convenient locations. Bring your contractor and your vision!

The current owners have owned the home since 1986 and have not replaced the roof; the owners are not sure the age of the roof.

Key Features

  • Built in 1956
  • 0.24 acre lot

Property Details

1 full
1956

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

517 NW 36TH TERRACE

Gainesville, FL 32607

GOLF CLUB MANOR

Features & Amenities

Interior Features

Ceiling Fans(s)Kitchen/Family Room Combo

Property Details

Flooring

Tile

Construction

Block

Parking

Carport

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Appliances

RangeRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 517 NW 36TH TERRACE is listed at $190,000 ($165/sqft). The estimated monthly payment is $823 based on 20% down at 6.5% interest.

Key features include: Built in 1956, 0.24 acre lot. Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo.

This property is listed by Sherman Bryan, Jr. and can be reached at 3522629319 or shermanbryan@watsonrealtycorp.com.

SJ

Sherman Bryan, Jr.

Agent at WATSON REALTY CORP

(352) 262-9319

Listed by WATSON REALTY CORP · View on Broker Site

MLS# GC540331· Source: listhub· Updated 20 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

517 NW 36TH TERRACE, Gainesville, FL 32607

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