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Land for Sale in Gainesville, Florida

6703 SW 40th Ter, Gainesville, FL 32608

$70,000
0.18 acres
Active
$5k drop
Est $819/mo

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.

Location

Street address
6703 SW 40th Ter
Community
Savanna Pointe PH 1
Elevation
72 feet
Coordinates
29.5926, -82.383

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.

Property details

Lot size
0.18 acres7,841 sq ft
Zoning
PD
MLS #
MFRMLS GC530934
Posted

Property taxes

2024
$1,605

Expenses

Home Owner Assessments Fee
$207 monthly

Parcels

  • 07247-010-006

Legal description

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Nearby schools

NameLevelDistrictDescription
Idylwild Elementary School-ALElementary
Kanapaha Middle School-ALMiddle
Gainesville High School-ALHigh

Listing history

DateEventPriceChangeSource
Dec 9, 2025Relisted$70,000MFRMLS
Nov 17, 2025Listing removed$70,000Listing agent
Sept 11, 2025Price drop$70,000$5,000 -6.7%MFRMLS
Aug 6, 2025Price drop$75,000$4,000 -5.1%MFRMLS
June 11, 2025Price drop$79,000$2,000 -2.5%MFRMLS
May 17, 2025New listing$81,000MFRMLS
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This 0.18-acre property is located at 6703 SW 40th Ter in Gainesville, FL 32608. The property is available for sale for $70,000.

Checked 34 mins ago — Updated

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Copyright (C) 2025 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.

Morgan Ellerth
Keller Williams Gainesville Realty Partners
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