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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 3.5-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. 48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home two doors down at 111 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: $825,000
Sq Ft: 3,245
($254 per
sqft)
Bedrooms: 5
Bathrooms: 3
Partial Baths: 1
City: Gainesville
County: Alachua
Type: Single Family
Development: University Park
Acres: 0.3200
Virtual Tour/Floorplan:
View
Year Built: 1957
Listing Number: GC540140
Status Code: A-Active
Taxes: $10,680.81
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Eat-in Kitchen
Stone Counters
Financial Information:
Taxes: $10,680.81
Tax Year: 2025
Exterior Features:
Balcony
Private Yard
Rain Gutters
Sidewalk
Sliding Doors
Equipment:
Other
Additional Information:
MLS Area: 32607 - Gainesville
Total Square Footage: 3,245
Price per Square Feet: $254.24
Total Floors: 2
Water: Public
Construction: Concrete
Date Listed: 2026-05-07 00:00:00
Furnished: Unfurnished
Flooring: Ceramic Tile, Vinyl, Wood
Roof: Shingle
Heating: Central
Cooling: Central Air
Sewer: Public Sewer
Map of 21 23Rd Terrace Sw, Gainesville, FL 32607
Listing Courtesy Of: Brg Realty Ventures Llc
joe@themultifamilyadvisors.com