To schedule a showing of 1516 NE 5th Place, Gainesville, Florida, Call David Shippey at 863-521-4517 TODAY!

$120,000 | 3 beds | 1 full baths | N/A half baths | 1,170 sqft

$120,000 Reduced -$10,000
1516 NE 5th Place
Gainesville, FL 32641
  • 3Beds
  • 1.00Total Baths
  • 1 Full, 0 HalfBaths
  • 1,170SqFt
  • 1971Year Built
  • 0.22Acres
  • MLS# TB8428971
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market8 months, 17 days
  • Area32641 - Gainesville
  • CountyAlachua
  • Subdivision New Gv Waits Sub

Overview

Seller Motivated .... GREAT INVESTMENT OPPORTUNITY !!! This 3 Bed, 1 Bath 1,170 sqft. Home is Ready for the right vision, it can be transformed into a comfortable, stylish residence with notable resale value. Being sold as-is.The home features an open concept living/dining/kitchen area with a newer Roof 2022. Outside, a one-car carport provides ample covered parking in a .22-acre lot spaceIt is perfectly situated to enjoy the best of Gainesville, with quick access to UF, lively entertainment, and a variety of great restaurants and shopping. Dont wait! Schedule your showing today and make it yours!



Agriculture / Farm

Association Fees / Info

Bathroom Info

Total Baths:  1.00

Fullbaths:  1

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Exterior Features:  Storage

Fees / Restrictions

Financial

Original Price:  $160,000

Fencing:  Fenced

Garage / Parking

Parking Features:  Covered, Driveway

Carport:  Yes

Car Ports:  1

Green / Env Info

Interior Features

Floors:  Carpet, Laminate

Levels:  One

Laundry Features:  Other

Interior Features:  LivingDiningRoom, OpenFloorplan

Appliances:  GasWaterHeater, Refrigerator

Lot Info

Direction Remarks:  Head east on NE 8th Ave toward Waldo Rd Greenway-Depot Avenue Rail-TrailTurn right onto NE 15th StTurn left onto NE 5th Pl

Lot Size Units:  Acres

Lot Size Acres:  0.22

Lot Sqft:  9,583

Misc

Other

Other Structures:  Sheds

Special Conditions:  None

Other Rooms Info

Property Info

Section:  3

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  Stucco

Stories:  1

Total Stories:  1

Foundation:  Other

Human Modified:  Yes

Room Info

Total Rooms:  7

Sqft Info

Sqft:  1,170

Bulding Area Sqft:  1,562

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  10

Tax Legal Description:  WAITES S/D PB A-142 LOTS 9 & 10 BLK 3 LESS E 3.5 FT OF LOT 10 OR 1558/459

Tax Block:  3

Tax Annual Amount:  378.85

Tax Book Number:  A-142

Unit Info

Utilities / Hvac

Heating:  Gas

Water Source:  Public

Sewer:  PublicSewer

Cool System:  None

Heating:  Yes

Utilities:  ElectricityAvailable, WaterAvailable

Waterfront / Water

Directions

Head east on NE 8th Ave toward Waldo Rd Greenway-Depot Avenue Rail-TrailTurn right onto NE 15th StTurn left onto NE 5th Pl

This listing courtesy of Florida Homes Realty & Mortgage 

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Price & Status History (on davidshippey.com since Thu, Sep 18th 2025)
  • Original Price: $160,000
  • Current Price: $120,000
  • Price Reduced: $40,000
Date ChangedFromTo
04/27/2026$130,000 $120,000 Reduced by $10,000

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If you have any questions on 1516 NE 5th Place, Gainesville, Florida, please call David Shippey at 863-521-4517.


MLS# TB8428971 located at 1516 NE 5th Place, Gainesville, Florida is brought to you by David Shippey REALTOR®

1516 NE 5th Place, Gainesville, Florida has 3 Beds, 1 Full Bath, and 0 Half Bath.
The MLS Number for 1516 NE 5th Place, Gainesville, Florida is TB8428971.
The price for 1516 NE 5th Place, Gainesville, Florida is $120,000.
The status of 1516 NE 5th Place, Gainesville, Florida is Active.
The subdivision of 1516 NE 5th Place, Gainesville, Florida is New Gv Waits Sub.
The home located at 1516 NE 5th Place, Gainesville, Florida was built in 2026.