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6703 SW 40th TerraceGainesville, FL 32608Price: $60,000

  • Price: $60,000
  • Est. Mortgage of $/month
  • 370 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $60,000List Price
  • 0.18Acreage
  • GC530934MLS Number

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Tucked inside the gated community of Savanna Pointe, this vacant lot offers a chance to build in a prime Gainesville location just minutes from UF, Shands, the VA, Celebration Pointe, Butler Plaza, and easy access to I-75. This parcel allows for your choice of builder, with architectural approval required by the community's Review Committee before closing. After the purchase agreement is signed, the buyer has 90 days to submit plans for the home, including floor plans, elevations, a site plan, and builder information. At closing, the buyer pays 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 approved specifications. HOA dues apply while the lot is vacant and will adjust once the home is finished. A great option for building something new in a well-established, well-located neighborhood.

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Listed by Morgan Ellerth of KELLER WILLIAMS GAINESVILLE REALTY PARTNERS (352-240-0600)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 20, 2026 7:05 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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