UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 423 sqft
Price per Sqft $354
Subdivision Oak Hill
MLS Listing ID GC539805
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1949
Annual Tax Amount $1,786
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
1032 NW 40th Ave isn't just a home… it's an opportunity waiting for the right kind of buyer to recognize it.
Right now, it's successfully operating as both an Airbnb and a midterm rental, which means it's already proven itself as an income-producing asset. Whether you're looking to continue that momentum or pivot into something new, the groundwork is here—and it works. If you've been searching for your first home and everything feels either too “cookie cutter” or just slightly out of reach, this one offers a different path. Live in the main home and let the property work for you. Offset your mortgage. Create flexibility. Build something. An additional structure sits on the property, ready for its next chapter. With the right vision, this could become a guest suite, a studio, a private office, or even a future rental unit. The potential for a multifamily-style setup is there - property is zoned RMF5. Whether you're an investor looking for your next income stream, or a buyer who wants more than just a place to live… this property gives you room to think bigger.
Location
State FL
County Alachua
Community Oak Hill
Area 32609 - Gainesville
Zoning RMF5
Interior
Interior Features Primary Bedroom Main Floor
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Washer
Laundry Laundry Room, Outside
Exterior
Exterior Feature Private Mailbox, Private Yard
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Nearby Locations