Single Family Residence at 1836 NW 40TH TER, GAINESVILLE
Single Family Residence at 1836 NW 40TH TER, GAINESVILLE, photo 2 of 15
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15 photos

$376,000

1836 NW 40TH TER
GAINESVILLE, FL 32605
Listed by Steven Koleno · BEYCOME OF FLORIDA LLC
Bedrooms
3
Bathrooms
2
Living area
1,734 sqft
Year built
1963

About this home

This stunning 3 bedroom, 2 bathroom home has been updated with modern comforts and style, while maintaining it's nostalgic feel. The spacious living area flows beautifully for everyday living and entertaining. The kitchen has new updated cabinets with beautiful granite countertops, and a new counter-depth refrigerator. The house boasts a large 2+ car garage with space for a workshop. A new AC/HVAC unit keeps this house comfortable year-round. The backyard is a wonderful oasis to relax, it is fully fenced and includes a concrete patio, new sod, a fire pit, and landscaping. FOR investors: This house earned $39,000+ in less than a year in AirBnB/Vrbo/rental income.

Property details

MLS #
MFRO6284368
Property type
Single Family Residence
Subdivision
PALM VIEW ESTATES
Status
Active
Days on market
257
On market date
February 25, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.27 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
LITTLEWOOD ELEMENTARY SCHOOL
0.97 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
667
Student:teacher ratio
13.3:1
District
ALACHUA
Middle
WESTWOOD MIDDLE SCHOOL
0.98 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
851
Student:teacher ratio
18.9:1
District
ALACHUA
High
F. W. BUCHHOLZ HIGH SCHOOL
1.17 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,472
Student:teacher ratio
28.4:1
District
ALACHUA

Walkability

Blended score for GAINESVILLE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks9
Schools15
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in GAINESVILLE, from live MLS data.

On the market 257 days -- 160 more days than GAINESVILLE's current average of 97 days.
For reference, the median list price across 1,459 active listings in GAINESVILLE right now is $224,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,414/mo
$75,200 down
$300,800 loan
Principal & interest$1,951
Property tax (est.)$313
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated November 9, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.