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21 SW 23RD TERRACE Gainesville, FL $ 825,000
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21 SW 23RD TERRACE
$ 825,000
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21 SW 23RD TERRACE

Gainesville, FL, 32607
$ 825,000
Bedrooms5 Baths4.0 Sq 3,245

Monthly Estimate*

$ 5,080

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Multi-Family Home for sale in Gainesville, FL

for $825,000 with 5 bedrooms and 4 full baths. This 3,245 square foot home was built in 1957 on a lot size of 0.32.

48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home/adjacent vacant lot parcels two doors down at 111 SW 23rd Terrace and 104 SW 23rd St (see attached marketing flyer showing all three). Absolutely unmatched location directly across from UF's Law School, this investment home is currently leased through July 2026 for $4,000/month. Renewal lease through July 2027 in process of being signed. This 5-bedroom 3.5-bathroom home with two kitchens is concrete block, with a wrap-around balcony overlooking the large backyard/patio area. Tenants pay all utilities. This is an ideal purchase for alumni, or a parent of a future student at UF, an investor looking to park safe money, or a future homeowner who likes to be in the middle of the action.

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Multi-Family Active

Price

$ 825,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,680

Style

Lot Size

0.32

Year Built

1957

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC537356
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Public Sewer Connected Water Connected
Roof Shingle
Zoning RSF2
Construction Materials Concrete
Year Built 1957
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential Income
Subdivision Name UNIVERSITY PARK
Garage Y/N false
Status Active
Directions From SW 13th Street (US-441) turn east onto SW 23rd Street then take the first right onto SW 23rd Terrace; 21 SW 23rd Terrace is immediately on your left.
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 5
MLS Area 32607 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 13939
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 10680.81
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 4
Legal Description UNIVERSITY PARK PB B-61/75 N 55 FT OF LOT 4 & LOT 5 LESS N 29 FT BK 8 OR 5195/1094
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Stone Counters
Flooring Tile Vinyl Hardwood
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room Washer Hookup
Total Bedrooms 5
Total Baths 4
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Exterior
Exterior Amenities Balcony Fenced Private Yard Rain Gutters Sidewalk Sliding Doors
Water Source Public
Lot Size Area 13939
Foundation Details Block
Number of Buildings 1
Lot Size Acres 0.32
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Brg Realty Ventures Llc

Broker

joe@themultifamilyadvisors.com

Email

Affordability Calculator

$5,970
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$890
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/9/2026$825,000 Listed Price

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21 SW 23RD TERRACE, Gainesville, FL, 32607 is a Multi-Family Home for sale at $825,000 with 3,245 sqft and a lot size of 0.32. 21 SW 23RD TERRACE has 5 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 32607 which is in Gainesville, FL

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