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Sold for $440,000
  • $440,000

    712 SW 70TH TERRACE, GAINESVILLE, FL 32607

    8beds
    4baths
    4,278sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $439,900 Zestimate®
    $103/sqft
    $1,655 Estimated rent

    Home value

    $439,900

    $418,000 - $462,000

    $1,655/mo

    Zestimate® history
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    What's special

    Brick quadruplexNew fixturesPorch areas
    Renovated and cash-flowing brick quadruplex for sale with strong occupancy history! All units are 2BD/1BA flats with open layouts and 713+/- sqft of living space. In-place rents: Unit A - Office/Storage, Unit B - $1,100, Unit C - $1,100, Unit D - $1,175. All units have updates including: kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, and porch areas. Tenants pay all utilities. 2022 asphalt shingle roof, newer HVACs. Electric is copper wire with cutler hammer and square D breakers. Main plumbing drains are PVC. Plumbing supply lines are mainly copper with a few instances of CPVC in good condition with operable shutoff valves. Located at the front of the Cedar Ridge subdivision of Gainesville, FL; within 5 miles of the Oaks Mall, University of Florida, HCA North Florida Hospital, as well as several shopping centers & other amenities. This quad is being offered for sale along with 2 additional quadruplexes and 1 duplex in the same subdivision (724 SW 68th Ter, 723 SW 69th St, and 714 SW 69th St). Buildings can be purchased individually or as portfolio. Marketing package linked with information on all buildings. If you’re looking for a renovated, stabilized, and cash-flowing investment this is your opportunity! Call today to schedule a tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Klenck 352-514-4725,

    THE MULTIFAMILY ADVISORS 352-871-8324

    Bought with:

    Lindsey Watson, Jr, 3524031

    LPT REALTY, LLC

    Source: Stellar MLS,MLS#: GC542154MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Other
    Features
    • Other
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,278 sqft

    Property

    Features
    • Exterior features: None
    Lot
    • Size: 10,019 Square Feet
    Details
    • Parcel number: 06655052005
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: CEDAR RIDGE
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $103/sqft
    • Tax assessed value: $353,208
    • Annual tax amount: $8,289
    • Date on market: 7/23/2026
    • Cumulative days on market: 20 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/8/2026Sold$440,000$103/sqft
    Source: Stellar MLS #GC542154 Report a problem
    8/13/2026Pending sale$440,000$103/sqft
    Source: Stellar MLS #GC542154 Report a problem
    7/23/2026Listed for sale$440,000-59.4%$103/sqft
    Source: Stellar MLS #GC542154 Report a problem
    6/12/2023Sold$1,085,000-16.5%$254/sqft
    Source: Agent Provided Report a problem
    4/11/2023Pending sale$1,300,000$304/sqft
    Source: Stellar MLS #R4906802 Report a problem
    3/6/2023Listed for sale$1,300,000+1703.1%$304/sqft
    Source: Stellar MLS #R4906802 Report a problem
    6/5/2001Sold$72,100+10.9%$17/sqft
    Source: Public Record Report a problem
    12/9/1999Sold$65,000+66.7%$15/sqft
    Source: Public Record Report a problem
    9/4/1996Sold$39,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,290 +13.5%$283,109 +10%
    2024$7,304 +34.3%$257,372 +79.1%
    2023$5,438 +8.5%$143,738 +10%
    2022$5,010 +6.1%$130,671 +10%
    2021$4,723 +10.4%$118,792 +10%
    2020$4,276 +35.2%$107,993 +90.9%
    2019$3,162 $56,562 -1.6%
    2018$3,162 +32.8%$57,500 -16.1%
    2017$2,382 -2.8%$68,500 +61.2%
    2016$2,449 +18.5%$42,500 -4.3%
    2015$2,068 -2.4%$44,400 -3.7%
    2014$2,119 -5.2%$46,100 -3.6%
    2013$2,234 $47,800 -10.7%
    2012-- $53,500 -6.5%
    2011-- $57,200 -19.2%
    2010-- $70,800 -46.1%
    2008-- $131,300 -8.4%
    2007-- $143,400 +20.4%
    2006-- $119,100 +48%
    2005-- $80,500 +4.3%
    2004-- $77,200 +66.7%
    2003-- $46,300
    2002-- $46,300 +19.6%
    2000-- $38,700
    Find assessor info on the county website

    Neighborhood: 32607

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $439,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $439,900