111 Sw 23rd Terrace, Gainesville, FL

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$649,000

($251/sqft)

List Status: Pending

111 Sw 23rd Terrace
Gainesville, FL 32607

5 beds
3 baths
2588 living sqft

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Top Features

Subdivision: University Park
Built in 1956
Single Family Residence

Description

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.

Property Details

Property Features

Property Sub Type

Single Family Residence

County

Alachua

Subdivision

UNIVERSITY PARK

Additional Information

Additional Parcels YN

false

Alternate Key Folio Num

06444002000

Appliances

Other

Association YN

false

Bathrooms Total Integer

Building Area Source

Public Records

Building Area Total

2588

Building Area Total Srch SqM

240.43

Building Area Units

Square Feet

Calculated List Price By Calculated SqFt

250.77

Carport YN

false

Construction Materials

Concrete

Cooling

Central Air

Country

Cumulative Days On Market

Currency Monthly Rent Amount

4000.00

Current Price

649000.00

Days Notice To Tenant If Not Renew

60 days

Direction Faces

North

End Date of Lease

2027-07-31

Exist Lease Tenant YN

Expected Closing Date

2026-08-24T00:00:00.000

Exterior Features

Private Yard, Sidewalk, Sliding Doors

Fencing

Fenced

Fireplace YN

false

Flood Zone Code

Flood Zone Date

2021-09-24

Flood Zone Panel

12001C0313E

Flooring

Luxury Vinyl, Tile, Wood

Foundation Details

Block

Furnished

Unfurnished

Garage YN

false

Heating

Central

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Stone Counters

Internet Address Display YN

true

Internet Automated Valuation Display YN

false

Internet Consumer Comment YN

false

Internet Entire Listing Display YN

true

Laundry Features

Inside, Laundry Room

Levels

Two

List AOR

Gainesville-Alachua

Living Area Meters

240.43

Living Area Source

Public Records

Living Area Units

Square Feet

Lot Size Acres

0.26

Lot Size Square Feet

11326

Lot Size Square Meters

1052

Modification Timestamp

2026-06-16T11:57:09.565Z

New Construction YN

false

Occupant Type

Tenant

Other Equipment

Private Yard

Ownership

Fee Simple

Parcel Number

06444-002-000

Pool Private YN

false

Postal Code Plus 4

3120

Public Survey Range

Public Survey Section

Purchase Contract Date

2026-06-15

RATIO Current Price By Calculated SqFt

250.77

Road Surface Type

Asphalt

Roof

Shingle

Room Count

Senior Community YN

false

Sewer

Public Sewer

Showing Requirements

Appointment Only

Status Change Timestamp

2026-06-16T11:56:40.000Z

Stories Total

Tax Annual Amount

10102.67

Tax Book Number

B-61

Tax 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

Tax Lot

Tax Year

2025

Total Acreage

1/4 to less than 1/2

Total Annual Fees

0.00

Total Monthly Fees

0.00

Township

Universal Property Id

US-12001-N-06444002000-R-N

Unparsed Address

111 SW 23RD TER

Utilities

Electricity Connected, Sewer Connected, Water Connected

Water Source

Public

Waterfront YN

false

Zoning

RSF2

Neighborhood Map

Popup

Property Photos

MLS #MFRGC540145 Listing courtesy of Brg Realty Ventures Llc provided by Stellar MLS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 7/3/26 4:26 PM) |

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