Gainesville Vacant Lot
For Sale
Under Contract
$60,000
6703 SW 40TH Terrace, Gainesville, FL 32608
Land, GAINESVILLE, FL
Property SizeContact for details
Lot Size0.18 Acres
Days on Market487
Property Features for 6703 SW 40TH Terrace
General Information
Property type
Land
Property subtype
Other
Zoning
PD
Pets allowed
Yes
Subdivision
SAVANNA POINTE PH 1
Elementary school
Idylwild Elementary School-AL
Middle school
Kanapaha Middle School-AL
High school
Gainesville High School-AL
Directions
Head south on SW 34th Street. Turn right onto SW Williston Road. Turn left onto SW 62nd Avenue (into Savanna Pointe). Follow the road to SW 40th Terrace. 6703 will be on your left.
Standard status
Active Under Contract
APN
07247-010-006
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SAVANNA POINTE PH I PB S-61-64 LOT 6 OR 4589/1147
Tax Annual Amount
1605
Legal Description
SAVANNA POINTE PH I PB S-61-64 LOT 6 OR 4589/1147
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS · Keller Williams Realty
(352) 240-0600
Listed By:
Morgan Ellerth · License #3607374
(352) 672-8080
Added: May 16, 2025
Changed: Sep 14
Last Checked: Sep 14 at 6:06AM
MLS# GC530934
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located within the gated community of Savanna Pointe, this vacant lot presents an opportunity for new construction in a prime Gainesville location. The property is situated minutes from the University of Florida, Shands Hospital, the Veterans Affairs Medical Center, Celebration Pointe, Butler Plaza, and Interstate 75. The parcel allows for the buyer's choice of builder, subject to architectural approval by the community’s Review Committee prior to closing. Following the signing of the purchase agreement, the buyer has 90 days to submit home plans, including floor plans, elevations, a site plan, and builder information. At closing, the buyer is responsible for a $2,500 Impact Fee and a Construction Compliance Fee payable to the Savanna Pointe Community Association. The Compliance Fee is refundable upon completion of construction that meets approved specifications. Homeowners Association dues are applicable while the lot remains vacant and will be adjusted upon completion of the home. The lot size is 0.18 acres.
Key Highlights
- Prime Gainesville location within the gated Savanna Pointe community.
- Minutes from UF, Shands, the VA, Celebration Pointe, and Butler Plaza.
- Easy access to I‑75.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
Demographics for 32608, FL
55,540
Population
25,939
Households
2.1
Avg Household Size
29
Median Age
58%
College-Educated
95%
High-School Grad
44.5 sq mi
ZIP Area
1,248
Density / Sq Mi
$60,182
Median Household Income
$34,991
Median Earnings
$1,357
Median Rent
$340,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Land - Vacant lot in gated community near UF and Celebration Pointe.
Where is this land located?
The property is located at 6703 SW 40TH Terrace Gainesville, FL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Prime Gainesville location within the gated Savanna Pointe community.; Minutes from UF, Shands, the VA, Celebration Pointe, and Butler Plaza.; Easy access to I‑75.
