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505 NE 5th Street

Gainesville, FL 32601

5 beds
4 baths
3,994 sqft
12,197 sqft lot
$245 per sqft
1904 build
– on site

One of a kind, Historic W.B. Phifer House built in 1903 by William B. Phifer, who was a prominent business and civic leader in Gainesville at the turn of the century. The house is an excellent example of Colonial Revival architecture and features Corinthian porch columns made of solid cypress. This home has been preserved and maintained with its original windows, flooring and other architectural accoutrements. (The historical address is actually 506 NE 5th Ave). This amazing Duckpond Property has 4Br/3Ba 3,634 sqft in the main house with an additional 360 sqft 1Br/1Ba separate apartment. This historic home has two main entrances, one off of 5th Avenue and the other off of 5th Street. As you enter the home from the 5th avenue side you are greeted by large wrap around porches and a grand foyer with a first floor bedroom on the left and a formal study/flex room on the right. The main dining room and living rooms open to the amazing kitchen with stainless steel appliances and plenty of counter space, a large pantry, a full bath and a back entrance that leads to the driveway, garage, outdoor shower and 1br/1ba studio apartment. French doors from the kitchen lead to a newly installed pool and hot tub area (2022) with plenty of decking for sunning or entertaining. The fully fenced back yard includes a separate area that is currently being used for chickens. As you enter the home from the 5th street side you are greeted by another grand foyer with a large staircase to the second floor. Upstairs you will find the primary suite with a large walk around closet, updated bathroom and updated laundry area. There is an extensive open space area that fronts the two additional bedrooms and is perfect as a common play area or entertainment center. There is a screen sleeping porch off one of the bedrooms and you will notice as you walk through the house, the multiple restored historical decorative fireplace surrounds.

Listing courtesy of STELLAR_MLS / BOSSHARDT REALTY SERVICES LLC

Last checked: Checking… • Last updated Nov 10, 2024 •

MLS# GC523878 —

The Building

Year Built:

1904
New Construction:

false
Construction Materials:

Wood Frame
Levels:

Two
Stories Total:

1
Roof:

Shingle
Foundation Details:

Crawlspace
Building Area Total:

5253
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Chair Rail
Flooring:

Hardwood
Fireplace:

true

Room Dimensions

Living Area:

3994
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

From University Ave, head east to NE 5th street. Head north on NE 5th street to home on the corner of 5th Ave and 5th Street.
Latitude:

29.655963
Longitude:

-82.320621
Coordinates:

-82.320621, 29.655963

The Property

Parcel Number:

12260000000
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Property Attached:

false
Lot Size Acres:

0.28
Lot Size Area:

12197
Lot Size SqFt:

12197
Lot Size Dimensions:

105 x 138
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF3
Direction Faces:

South
View:

false
Exterior Features:

Other
Water Source:

None
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

20
Tax Legal Description:

HIGHLAND TERRACE PB A-161 S 38 FT OF W 107.9 FT OF LOT 20 & LOT 27 OR 4340/1034
Tax Book Number:

A-161
Tax Annual Amount:

6933.26

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://tours.gatormp.com/2272251?idx=1
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

Schools

Elementary School:

Charles W.Duval Elementary School
Middle Or Junior School:

Westwood Middle School-AL
High School:

Gainesville High School-AL

The Community

Subdivision Name:

HIGHLAND TERRACE
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa Features:

In Ground
Pool Private:

true
Pool Features:

Salt Water
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$980,000

Expense	Monthly cost
Mortgage	$5,247
Taxes	$577
Insurance	$269
Utilities	$254 See report
Total	$6,347/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
10/30/24 Oct 30, 2024	Price Changed	STELLAR_MLS	$980,000	-1.9%
7/25/24 Jul 25, 2024	Listed / Active	STELLAR_MLS	$999,000

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This house located in Duckpond, Gainesville, FL 32601 is currently for sale for $980,000. 505 NE 5th Street is a 3,994 square foot house with 5 beds and 4 baths that has been on Estately for 120 days. 505 NE 5th Street is in the Duckpond neighborhood of Gainesville and has a WalkScore® of 77, making it very walkable. This house is in the attendance area of Metcalfe Elementary School, Charles W. Duval Elementary School, Gainesville High School, and Westwood Middle School.

Listing Courtesy of: STELLAR_MLS and BOSSHARDT REALTY SERVICES LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.