1115 NE 5TH PLACE, GAINESVILLE, FL, 32601
Active6 days on marketListed Jul 29, 2026MLS #TB8531655
About this home
1115 NE 5TH PLACE
Renovated top to bottom in 2020, this 3-bedroom, 2-bath concrete block home sits at the end of a quiet, secluded cul-de-sac just minutes from the Duckpond and downtown Gainesville. The renovation was comprehensive — updated kitchen with new appliances, new flooring throughout, and refreshed baths. A metal roof and tankless gas water heater mean lower maintenance and lower utility bills for years to come, and the carport keeps your vehicle covered. Out back, an enormous fully enclosed yard behind an 8-foot privacy fence offers rare space and seclusion this close to town — room for a garden, pets, or entertaining. An exercise park is right around the corner, and the Duckpond's tree-lined streets and downtown's restaurants and events are a short drive or bike ride away. Solid block construction, a metal roof, and a 2020 renovation add up to a low-maintenance home in one of Gainesville's most convenient locations.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,176
Sqft
0.21 ac
Lot size
1956
Year built
One
Levels
$254
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,508 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,508/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+23.4%
$/sqft vs Gainesville actives
$254 vs $198
Days on market
6 vs 45 typical
Where $254/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Northeast Neighbors
Get to know Gainesville. See the full Gainesville guide →
Northeast Neighbors — neighborhood snapshot
Population
735
Median age
34
Median income
$47,831
Median home value
$304,244
Avg household
2
Households w/ children
125
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$294K → $340K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
186 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% above the GAINESVILLE 32601 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1115 NE 5TH PLACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$195,000
1039 SE 19TH TERRACE
3 bd · 2 ba · 1,169 sqft · $167/sqft · 20 DOM
Sold · Dec ’25$283,000
2014 E UNIVERSITY AVENUE
3 bd · 2 ba · 1,190 sqft · $238/sqft · 27 DOM
Sold · Nov ’25$155,000
911 SE 11TH AVENUE
3 bd · 2 ba · 1,156 sqft · $134/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1115 NE 5TH PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1115 NE 5TH PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1115 NE 5TH PLACE FAQs
What would the monthly payment be for 1115 NE 5TH PLACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,508/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1115 NE 5TH PLACE?+
The most recent tax bill on record (2025) was $5,467. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $299,000, this home is listed about 1% above the Gainesville median of $295,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1115 NE 5TH PLACE?+
W. A. Metcalfe Elementary School (elementary), Gainesville High School (high), Westwood Middle School (middle) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$299,000 runs 20% above the GAINESVILLE 32601 median.
02Fresh on the market
Only 6 days on market in a Gainesville market that averages 45 — if it fits, move quickly.
03The price has already moved
Listed at $307,000, now $299,000 — a $8K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of ESHENBAUGH LAND COMPANY · James Strahan. MLS #TB8531655.
IDX information is 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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