418 NW 27TH TERRACE, GAINESVILLE, FL, 32607
Active142 days on marketListed Mar 5, 2026MLS #FC316598
About this home
418 NW 27TH TERRACE
Located just a short walk from the University of Florida, this 4-bedroom, 2-bathroom home offers an excellent opportunity in a highly convenient location. A brand-new roof installed in February 2026 provides added peace of mind and long-term value for the next owner. Inside, the home features hardwood flooring throughout the living area and most bedrooms, creating a warm and timeless feel. The layout provides flexibility for a variety of living arrangements, while one bedroom closet has already been plumbed for a future washer and dryer setup, allowing for the potential to relocate laundry room. Step outside to a spacious backyard deck, ideal for relaxing or hosting gatherings. The property also includes a detached shed with electrical, offering possibilities for a workshop, hobby space, or additional storage. Situated near shopping, dining, and everyday conveniences, the property’s proximity to the University of Florida makes it a compelling option for those seeking a home close to campus.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,340
Sqft
0.18 ac
Lot size
1955
Year built
Two
Levels
$295
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.
$3,100 /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
$3,100/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
+1.9%
$/sqft vs Gainesville actives
$295 vs $197
Days on market
142 vs 36 typical
Where $295/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 Hibiscus Park
Get to know Gainesville. See the full Gainesville guide →
Hibiscus Park — neighborhood snapshot
Population
582
Median age
27
Median income
$74,018
Median home value
$280,100
Avg household
3
Households w/ children
19%
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
$320K → $312K
Gainesville median sold, yr/yr
96.6%
Sale-to-list ratio (12 mo)
184 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 108% above the GAINESVILLE 32607 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 418 NW 27TH TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$430,000
104 SW 26TH STREET · same community
3 bd · 2 ba · 1,626 sqft · $264/sqft · 46 DOM
Sold · Oct ’25$415,000
108 SW 26TH STREET · same community
3 bd · 1 ba · 1,029 sqft · $403/sqft · 0 DOM
Sold · Dec ’25$387,500
102 NW 27TH TERRACE · same community
4 bd · 3 ba · 1,746 sqft · $222/sqft · 93 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 418 NW 27TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 418 NW 27TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
418 NW 27TH TERRACE FAQs
What would the monthly payment be for 418 NW 27TH TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,100/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 418 NW 27TH TERRACE?+
The most recent tax bill on record (2024) was $5,283. 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 $395,000, this home is listed about 34% above the Gainesville median of $295,500. The market section on this page shows how the area is trending.
Which schools are assigned to 418 NW 27TH TERRACE?+
Westwood Middle School (middle), Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$395,000 runs 108% above the GAINESVILLE 32607 median.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
142 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $420,000, now $395,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Christopher Snow. MLS #FC316598.
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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