707 SW 68th Ter, Unit AD

$480,000
Price
8
Beds
8
Baths
3,600 Sq. Ft.
$133 / Sq. Ft.
3,600
Sq. Ft.
$133
per Sq. Ft.

Description

Turnkey Multifamily Investment! Excellent opportunity to add a 4 unit townhouse style building to your rental portfolio. Each unit features 2 bedrooms and 1.5 baths, a highly desirable layout that appeals to long-term tenants and supports consistent occupancy. The property is ideally located near major hospitals, making it attractive to healthcare workers and professionals. Public transportation, schools, daycare centers, and shopping are all nearby, further strengthening rental demand and tenant...Turnkey Multifamily Investment! Excellent opportunity to add a 4 unit townhouse style building to your rental portfolio. Each unit features 2 bedrooms and 1.5 baths, a highly desirable layout that appeals to long-term tenants and supports consistent occupancy. The property is ideally located near major hospitals, making it attractive to healthcare workers and professionals. Public transportation, schools, daycare centers, and shopping are all nearby, further strengthening rental demand and tenant retention.
  1. Listed by Natalie Thomas • Brokerage DRE #2027880 • MILLER REAL ESTATE
    P: (352)-219-8365 C: (352)-219-8365 nataliethomasrealtor@gmail.com

Property Details for 707 Southwest 68th Terrace, Unit AD

Subdivision Name
CEDAR RIDGE
Township
10
Waterfront
No
LISTING UPDATED: 12/15/2025 06:49 AM

Property Details for 707 Southwest 68th Terrace, Unit AD

StatusActive
MLS #GC536024
Days on Market10
Taxes$8,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1981
Lot Size0.28 AC / 12,197 SF
CountyAlachua County

Location

Listing Courtesy of MILLER REAL ESTATE
Add your commute

Building Information for 707 Southwest 68th Terrace, Unit AD

Stories-Residences4Year Built1981Building Size-Lot Size0.28 AC / 12,197 SF

Payment Calculator

$3,101 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,372

Property Taxes

$729

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 707 Southwest 68th Terrace, Unit AD

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: At the intersection of W Newberry RD & Tower RD (SW 75th ST) travel south on Tower Rd. Left on SW 8th Ave. Left on SW 67th Terr. Left on SW 68th Terr and follow to property on left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 707
  • Street Direction Prefix: SW
  • Street Name: 68TH
  • Street Suffix: TERRACE
  • Unit Number: A-D
  • State: FL
  • City: GAINESVILLE
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Assigned
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Book Number: K-8
  • Tax Legal Description: CEDAR RIDGE PB K-8 LOT 17 BK C OR 5186/2191
  • Tax Lot: 17
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 06655053017
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 3600
Property and Assessments
  • Year Built Numeric: 1981
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Attached: No
  • Public Survey Range: 19
  • Public Survey Section: 4
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
  • Water Source: Public
  • Num Electric Meters: 4.0
  • Num Water Meters: 4.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Other, Wood Siding
  • Exterior Features: Private Mailbox
  • Foundation Details: Slab
  • Levels: Two
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $15,300.00
  • Est Annual Market Income: $61,200.00
  • Unit Count: 4
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Property History for 707 Southwest 68th Terrace, Unit AD

DateEvent & SourcePriceAppreciation
Dec 14, 2025

Listed (Active)

MFRMLS #GC536024

Dec 14, 2025

Temporarily Off Market

MFRMLS #GC536024

Dec 14, 2025

Listed (Active)

MFRMLS #GC536024

$480,000
DateEvent & SourcePrice
12/14/2025

Listed (Active)

MFRMLS #GC536024

12/14/2025

Temporarily Off Market

MFRMLS #GC536024

12/14/2025

Listed (Active)

MFRMLS #GC536024

$480,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 707 Southwest 68th Terrace, Unit AD

This home is within Alachua.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 12
Public - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Myra Terwilliger Elementary School
PublicPK to 5

F. W. Buchholz High School
Public5 to 12

Fort Clarke Middle School
Public6 to 8

Siatech Gainesville
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

707 Southwest 68th Terrace, Unit AD is a multi-family home for sale in Gainesville, FL 32607. This property was listed for sale on December 14, 2025 by MILLER REAL ESTATE, it's currently listed at $480,000. This listing's school district is Alachua. Nearby schools include Myra Terwilliger Elementary School, F. W. Buchholz High School and Fort Clarke Middle School. 707 Southwest 68th Terrace, Unit AD is a 8-bed, 8-bath, 3,600 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MILLER REAL ESTATE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.