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Vacant Home-Building Lot
For Sale
$60,000

6703 SW 40TH Ter, Gainesville, FL 32608

Vacant lot within a gated community, subject to architectural approval and home plan submission timelines.

Property SizeContact for details
Days on Market51

Property Features for 6703 SW 40TH Ter

General Information

Standard status Active
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,604
Listing Agency: Keller Williams Gainesville Realty Partners
Listed By: Morgan Ellerth · License #3607374
Source: Elliman
Added: Jul 11 Changed: Aug 8 Last Checked: Aug 29 at 2:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Gainesville Realty Partners

Investment Insights

Based on property information with market context.

This vacant residential lot is located within the gated community of Savanna Pointe. The parcel is available to support a new home, with the community’s Review Committee requiring architectural approval before closing. After an agreement is signed, the buyer has 90 days to submit home plans, including floor plans, elevations, a site plan, and builder information.

At closing, the buyer will pay a $2,500 Impact Fee and a Construction Compliance Fee to the Savanna Pointe Community Association. The Compliance Fee is refundable once construction is complete and meets the approved specifications, and HOA dues apply while the lot is vacant and will adjust once the home is finished.

The lot’s placement within Savanna Pointe provides convenient access to key Gainesville destinations, including UF, Shands, the VA, Celebration Pointe, Butler Plaza, and easy access to I-75.

Key Highlights

  • Vacant lot in the gated community of Savanna Pointe in Gainesville
  • Architectural approval required by Savanna Pointe Review Committee before closing
  • After purchase agreement is signed, buyer has 90 days to submit home plans including floor plans, elevations, site plan, and builder information

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store HVAC Service Real Estate Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot within a gated community, subject to architectural approval and home plan submission timelines.
Where is this residential land & home lot located?
The property is located at 6703 SW 40TH Ter 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: Vacant lot in the gated community of Savanna Pointe in Gainesville; Architectural approval required by Savanna Pointe Review Committee before closing; After purchase agreement is signed, buyer has 90 days to submit home plans including floor plans, elevations, site plan, and builder information
More about this property
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