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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
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
3
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
US
Cumulative Days On Market
39
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
1
Expected Closing Date
2026-08-24T00:00:00.000
Exterior Features
Private Yard, Sidewalk, Sliding Doors
Fencing
Fenced
Fireplace YN
false
Flood Zone Code
X
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
19
Public Survey Section
1
Purchase Contract Date
2026-06-15
RATIO Current Price By Calculated SqFt
250.77
Road Surface Type
Asphalt
Roof
Shingle
Room Count
3
Senior Community YN
false
Sewer
Public Sewer
Showing Requirements
Appointment Only
Status Change Timestamp
2026-06-16T11:56:40.000Z
Stories Total
2
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
2
Tax Year
2025
Total Acreage
1/4 to less than 1/2
Total Annual Fees
0.00
Total Monthly Fees
0.00
Township
10
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
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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 5:11 PM) |

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