Steeve Cadeau
$599,900$690,0003 bd2,854 sqft$210 /sqft$4,446 /mo all-in ↓

306 NE 3RD STREET, GAINESVILLE, FL, 32601

Active132 days on marketListed Mar 14, 2026MLS #GC538438

Reduced $90KDuplexORIGINAL GAINESVILLE

About this home

306 NE 3RD STREET

Locals know this beautiful Queen Anne house as the Blanding House. Built in 1899 by Horatio Davis, a judge and twice mayor, Lt. General Albert Blanding lived in this home from 1900 – 1910, retaining its ownership until 1958. Nestled in the charming Duckpond neighborhood, this historic property blends timeless character with spacious living just minutes from downtown. Situated on a double lot encompassing a generous .27-acres, the Blanding House offers approximately 2,854 sq. feet of living space. Victorian porches are one of a kind, aren’t they? Featuring intricate gingerbread trim, this iconic front porch serves as your social hub for entertaining and for comfortable front porch seating, perfect greeting your neighbors and friends. Inside, the residence is currently configured as a duplex, offering two separate living spaces that provide flexibility for a variety of uses. The property features three bedrooms, two kitchens, two bathrooms, and dual staircases. Each floor offers a comfortable living space ideal for tenants, guests, or an owner-occupant seeking additional rental income, featuring its own fully functioning kitchen, living space, bedroom(s), bathroom, and 100-amp service panel. Downstairs is the master bedroom and bath, a laundry room which houses a stacked washer/dryer and the two water heaters that service the home. In addition, there are two large living spaces, and access to the front and south-side porch. In addition, the front living space, with its sliding pocket door, was often used as an additional bedroom. Upstairs are two bed-sitting rooms, each easily accommodating a large bed, desk, couch and several chairs; a bathroom, screened enclosed and open porches, and the attic access. UPDATES include: Dec 2025 water heaters (2), beautifully finished heart pine floors, March 2026 roof, and fire-resistant drywall on the downstairs ceiling. Should you wish to restore the floor plan to a traditional single family home, the owner carefully designed for easy conversion, simply remove one or two downstairs walls, and re-open the rear staircase for upstairs/downstairs access. The double lot provides mature surroundings and outdoor potential—perfect for relaxing, gardening, or enjoying Gainesville’s warm climate, and of course, additional space for tenant parking. Located just minutes from downtown Gainesville, parks, restaurants, and the University of Florida, the property offers a rare combination of historic character, income potential, generous space, and prime location. Whether used as a primary residence, income-producing duplex, or future investment opportunity, this unique Duckpond property offers exceptional potential in one of Gainesville’s most desirable historic neighborhoods. ADDITIONAL COMMENTS: Seller has a recent survey and is willing to split the property into two lots. Splitting the lot into two separate lots will require amended tax parcel ID’s and legal descriptions. Buyer may purchase the duplex on the south 70 feet for $625,000 – see GC538426, with a first right of refusal for the north 50 feet as a separate lot for $99,000.

Facts & features

The home at a glance

3

Bedrooms

2,854

Sqft

0.27 ac

Lot size

1899

Year built

Two

Levels

$210

Per sqft

Inside

FlooringVinyl · Hardwood
AppliancesDishwasher · Disposal · Dryer · Gas Water Heater · Range · Refrigerator · Washer
InteriorCrown Molding · Thermostat
LaundryInside · Laundry Room
CoolingCentral Air
HeatingNatural Gas

Outside & construction

RoofShingle
ConstructionOther
FoundationCrawlspace
ExteriorOther

Community & fees

Taxes (2025)$9,894/yr

Utilities & systems

UtilitiesCable Available · Electricity Connected · Natural Gas Connected · Sewer Connected · Street Lights · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,446 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,237
PMI (est., until 20% equity)$225
Property tax — 2025 actual bill$825
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $59,990Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $59,990
Interest rate6.00%
Loan term

Estimated payment

$4,446/mo

Principal & interest$3,237
PMI (est., until 20% equity)$225
Property taxes (actual bill)$825
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Gainesville actives

$210 vs $198

Days on market

132 vs 36 typical

Where $210/sqft sits among the 400 Gainesville actives

81
103
81
64 · this home
32
39
$126–160$160–193$193–227$227–260$260–293$293+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Downtown

Map of 306 NE 3RD STREET inside its neighborhood boundary

Get to know Gainesville. See the full Gainesville guide →

Downtown — neighborhood snapshot

Population

1,253

Median age

32

Median income

$56,618

Median home value

$307,418

Avg household

2

Households w/ children

109

For the school run

Alachua County School District

ElementaryJoseph Williams Elementary School★★★★★
MiddleAbraham Lincoln Middle School★★★★★
HighGainesville High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Gainesville market

Seller’s marketBalanced5.2 months of inventoryBuyer’s market

$320K$312K

Gainesville median sold, yr/yr

96.6%

Sale-to-list ratio (12 mo)

181 of 400

Gainesville actives have cut their price

Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 155% above the GAINESVILLE 32601 median. See the full Gainesville market guide →

Paper trail

This home's history

CurrentPrice reduced to $599,900 $90K
Mar 14, 2026Listed at $690,000 · 132 days on market since
1899Built · ORIGINAL GAINESVILLE

Reality check

What actually sold near 306 NE 3RD STREET

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

415 NE 5TH AVENUESold · Aug ’25

$515,000

415 NE 5TH AVENUE · same community

2 bd · 2 ba · 1,763 sqft · $292/sqft · 4 DOM

842 NE 5TH AVENUESold · Oct ’25

$420,400

842 NE 5TH AVENUE · same community

3 bd · 2 ba · 1,554 sqft · $271/sqft · 7 DOM

1067 SW 11TH TERRACESold · Dec ’25

$460,000

1067 SW 11TH TERRACE

4 bd · 2.5 ba · 2,315 sqft · $199/sqft · 27 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 306 NE 3RD STREET — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 306 NE 3RD STREET — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

306 NE 3RD STREET FAQs

What would the monthly payment be for 306 NE 3RD STREET?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,446/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 306 NE 3RD STREET?+

The most recent tax bill on record (2025) was $9,894. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Gainesville?+

At $599,900, this home is listed about 103% above the Gainesville median of $295,500. The market section on this page shows how the area is trending.

Which schools are assigned to 306 NE 3RD STREET?+

Joseph Williams Elementary School (elementary), Abraham Lincoln Middle School (middle), Gainesville High School (high) — Alachua County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$599,900 runs 155% above the GAINESVILLE 32601 median — but at 2,854 sqft it's also nearly twice the size of the typical Gainesville listing.

02Time on market is leverage

132 days on market against a Gainesville median of 36 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $690,000, now $599,900 — a $90K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER M.M. PARRISH REALTORS · Cindy Birk. MLS #GC538438.

IDX information 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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