Description
This 3-bed, 1-bath home in Newberry is a light rehab with upside — just 25 minutes to the University of Florida and tucked into a rural setting that’s gaining traction among Gainesville spillover buyers and renters.
With 997 sq ft of living space and a 10,019 sq ft lot, this wood-frame property offers flexibility for a flip or long-term rental. It’s on city water and sewer with no HOA, and the roof is only about 7 years old — a big-ticket item already handled.
🛠️ Light Rehab Needed — Needs Central AC
This one isn’t a total gut job, but it needs the basics: interior paint, flooring, fixtures, and a kitchen and bath refresh. The biggest callout is the lack of central AC, which may need addressing depending on your end strategy. The structure is solid, and the seller confirms it was built in 1980, despite tax records showing 1932. Utilities are in place, and with no flood zone or deed restrictions, you’ve got options here.
📊 What the Market Says
The comps are tight — similar homes nearby have sold recently, and there’s real support in the $180K–$225K range depending on condition. Even modest updates should land you squarely in the money.
📈 Sales Comps (All Nearby and Recent)
🔵 25602 NW 1st Ave – 994 sq ft, 3/1, 1906 build – Sold for $180K on 1/8/25 ($181/sqft)
🔵 25728 NW 3rd Ave – 992 sq ft, 2/2, 1959 build – Sold for $223K on 2/28/25 ($225/sqft)
🔵 25211 NW 2nd Ave – 1,056 sq ft, 3/1, 1975 build – Sold for $159.5K on 1/10/25 ($151/sqft)
🔵 26407 W Newberry Rd – 1,213 sq ft, 2/2, 1976 build – Sold for $245K on 10/22/24 ($202/sqft)
📍 Newberry, FL — Just Outside Gainesville
Newberry is seeing steady growth thanks to its small-town charm and proximity to Gainesville’s major employers and university traffic. Rental demand remains stable, and values have crept up steadily as investors push west for more affordable inventory. With low taxes and minimal restrictions, it’s a smart submarket to play in — whether you’re flipping or holding.
💡 Whether you’re looking for a low-entry price point or a hassle-light rehab, this one checks the boxes for value and strategy.