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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
Price: $649,000
Sq Ft: 2,588
($251 per
sqft)
Bedrooms: 5
Bathrooms: 3
City: Gainesville
County: Alachua
Type: Single Family
Development: University Park
Acres: 0.2600
Virtual Tour/Floorplan:
View
Year Built: 1956
Listing Number: GC540145
Status Code: Pending
Taxes: $10,102.67
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Eat-in Kitchen
Stone Counters
Financial Information:
Taxes: $10,102.67
Tax Year: 2025
Exterior Features:
Private Yard
Sidewalk
Sliding Doors
Equipment:
Other
Additional Information:
MLS Area: 32607 - Gainesville
Total Square Footage: 2,588
Price per Square Feet: $250.77
Total Floors: 2
Water: Public
Construction: Concrete
Date Listed: 2026-05-07 00:00:00
Furnished: Unfurnished
Flooring: Luxury Vinyl, Tile, Wood
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Inside, Laundry Room
Sewer: Public Sewer
Parcel ID: 06444-002-000
Map of 111 23Rd Terrace Sw, Gainesville, FL 32607
Listing Courtesy Of: Brg Realty Ventures Llc
joe@themultifamilyadvisors.com