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111 SW 23RD TERRACE Gainesville, FL $ 649,000
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$ 649,000 Get more info
111 SW 23RD TERRACE
$ 649,000
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111 SW 23RD TERRACE

Gainesville, FL, 32607
$ 649,000
Bedrooms5 Baths3.0 Sq 2,588

Monthly Estimate*

$ 3,996

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Single Family Home for sale in Gainesville, FL

for $649,000 with 5 bedrooms and 3 full baths. This 2,588 square foot home was built in 1956 on a lot size of 0.26.

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 signed at $4,200/month. This 5-bedroom 3-bathroom home is concrete block, with a large deck and backyard concrete/basketball court 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. 48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home two doors down at 21 SW 23rd Terrace (see attached marketing flyer showing both). Additional flyer with supporting sales comps and seller financing terms also in attachments.

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Single Family Active

Price

$ 649,000

Bedrooms

5

Full Bath

3

Property Type

Single Family

Taxes

$ 10,102

Style

Single Family Residence

Lot Size

0.26

Year Built

1956

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC540145
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Roof Shingle
Appliances Other
Zoning RSF2
Construction Materials Concrete
Year Built 1956
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential
Subdivision Name UNIVERSITY PARK
Facing Direction North
Garage Y/N false
Total Rooms 3
Full Baths 3
Status Active
Directions From SW 13th Street (US-441) turn east onto SW 23rd Street then take the first right onto SW 23rd Terrace; 111 SW 23rd Terrace is ahead on your left.
City GAINESVILLE
Senior Community Y/N false
MLS Area 32607 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 11326
Carport Y/N false
Listing Terms Cash Conventional Owner May Carry
Land Lease Y/N false
Tax Annual Amount 10102.67
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC540145
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
Legal Description UNIVERSITY PARK PB B-61/75 LOT 2 & THAT PART OF LOT 11 LYING BETWEEN A LINE EXTENDED FROM SW COR OF LOT 7 TO NE COR OF LOT 1 ALL IN BK 8 & N/LY 7 FT OF LOT 1 OR 5195/1090
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Eating Space In Kitchen Stone Counters
Flooring Luxury Vinyl Tile Hardwood
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 5
Total Baths 3
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Exterior
Exterior Amenities Private Yard Sidewalk Sliding Doors
Fencing Fenced
Water Source Public
Lot Size Area 11326
Foundation Details Block
Building Area Total 2588
Lot Size Acres 0.26
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

$4,838
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,996
Monthly Property Taxes
$842
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
5/7/2026$649,000 Listed Price

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111 SW 23RD TERRACE, Gainesville, FL, 32607 is a Single Family Home for sale at $649,000 with 2,588 sqft and a lot size of 0.26. 111 SW 23RD TERRACE has 5 bedrooms, 3.0 baths, and was built in 1956. The property's zip code is 32607 which is in Gainesville, FL

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