$440,000
724 SW 68 Terrace , Gainesville, FL 32607
- 8
- beds
- 3,902
- sqft
- 1981
- year built
- Status:
- Sold
- MLS #:
- GC542159
- Neighborhood:
- CEDAR RIDGE
- County:
- Alachua
- Listed By:
- Joe Klenck - THE MULTIFAMILY ADVISORS
- Agent Phone:
- (352) 514-4725
- Agent Email:
- joe@themultifamilyadvisors.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Renovated and cash-flowing brick quadruplex for sale with stellar occupancy history! All units are 2BD/1.5BA townhome style with open layouts and 975+/- sqft of living space. Unit A - $1,200, Unit B - $1,258, Unit C - Vacant for tours (previously $1,300), Unit D - $1,170. Completely remodeled kitchens and bathrooms, new fixtures, vinyl plank/tile flooring, private deck areas for both bedrooms, and private fenced backyard areas. Tenants pay all utilities, no HOA. 2025 asphalt shingle roof, 3 HVACs are less than 4 years old. 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 (1 directly adjacent) and duplex in the same subdivision (723 SW 69th St, 712 SW 70th Ter, 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!
-
- Bedrooms
- 8
-
- Year Built
- 1981
-
- Construction Materials
- Block
-
- Foundation
- Slab
-
- Living Area
- 3902.0
-
- Interior Features
- Other
-
- Exterior Features
- Other
-
- Cooling
- Central Air
-
- Heating
- Central
-
- Acres
- 0.25
-
- Utilities
- Electricity Connected
-
- Water
- Public
-
- Area
- 32607 - Gainesville
-
- County
- Alachua
-
- City
- Gainesville
-
- Neighborhood
- CEDAR RIDGE
-
- Zip Code
- 32607
-
Nearby Schools
-
100out of 100
-
52out of 100
-
51out of 100
-
53out of 100
-
53out of 100
-
69out of 100
-
72out of 100
-
51out of 100
-
78out of 100
-
49out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 09/18/2026 | Sold | $440,000 |
| Source: Stellar MLS #GC542159 | ||
| 07/23/2026 | Listed | $440,000 |
| Source: Stellar MLS #GC542159 | ||
| 08/01/2026 | Sold | $1,200 |
| Source: Stellar MLS #GC541035 | ||
| 06/09/2026 | Listed | $1,300 |
| Source: Stellar MLS #GC541035 | ||
| 08/29/2003 | Off Market | — |
| Source: Stellar MLS #GC223278 | ||
| 11/27/2002 | Off Market | — |
| Source: Stellar MLS #GC217564 | ||
Source: MLS Data
Deed History
| 06/13/2023 | Warranty Deed | $1,085,000 |
| 03/22/2017 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 10/06/2003 | Warranty Deed | $105,000 |
| 12/11/2002 | Warranty Deed | $85,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 06/13/2023 | Open End with Future Advance Clause / Open End Mortgage | $853,750 |
| 10/06/2003 | $78,750 | |
| 12/11/2002 | $66,500 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 724 SW 68 Terrace?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 724 SW 68 Terrace.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 724 SW 68 Terrace?
Click Ask a Question to talk with our team. You already know it is a 8 bed, N/A bath, listed for $440,000. We can talk through recent upgrades, potential seller motivation, how this quadruplex compares to others in Gainesville, and can even get you in to see the property quickly.
How do I get a virtual tour of 724 SW 68 Terrace?
Yes! A virtual tour is available for 724 SW 68 Terrace. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 724 SW 68 Terrace?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 724 SW 68 Terrace at around $3,244. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 724 SW 68 Terrace?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Alachua County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 724 SW 68 Terrace?
In most cases, yes. Whether 724 SW 68 Terrace is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Gainesville's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 724 SW 68 Terrace?
We can handle that for you. Our preferred local agent specializes in residential incomes in Gainesville and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $440,000 with 3,902 sqft of space—that comes out to approximately $113 per square foot.
How long has this property been on the market?
724 SW 68 Terrace was listed on July 23, 2026, which means it's been on the market for 111 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1981, making it approximately 45 years old.
What is the lot size of this property?
724 SW 68 Terrace sits on a 0.25-acre lot, which is 10,890 square feet.
What are the property taxes for 724 SW 68 Terrace?
The most recent public record shows annual property taxes for 724 SW 68 Terrace were approximately $8,883. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 724 SW 68 Terrace still available for sale?
Source: ez Home Search, MLS Data
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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.
Last Updated: November 11, 2026 at 04:07PM | Source: Stellar MLS | MLS#: GC542159
