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111 SW 23RD Terrace

Gainesville, FL 32607
  • $649,000
  • STATUS: Pending
  • ON SITE: 39 Days
  • MLS #: GC540145
Pending
UPDATED: 60 min ago
$649,000
  • 5
    BEDS
  • 0.26
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,588
    SQFT
  • $251
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1956
County:
Area:

School Ratings & Info

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.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-06-16T10:48:30.127.
www.teamsaveelanace.com/homes/176209876
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111 SW 23RD Terrace Gainesville, FL 32607

  • Price: $649,000
  • Status: Pending
  • On Site: 39 Days
  • Updated: 60 min ago
  • MLS #: GC540145
5
Beds
3
Baths
0
½ Baths
0.26
Acres
2,588
SQFT
$251
$/SQFT
1956
Built
Neighborhood:
University Park
County:
Alachua
Area:
Gainesville
Property 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.
Exterior Features

Carport Yn No Construction Materials Concrete Direction Faces North Exterior Features Private YardSidewalkSliding Doors Fencing Fenced Foundation Details Block Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Appliances Other Building Area Total 2588 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Luxury VinylTileHardwood Furnished Unfurnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Eating Space In KitchenStone Counters Laundry Features InsideLaundry Room Levels Two Rooms Kitchen Primary Bedroom (Built-in Closet) Living Room (Breakfast BarNo Closet) Sewer Public Sewer Stories Total 2 Water Source Public

Property Features

Additional Parcels YN No Association Yn No Cdd Yn No Days Notice To Tenant If Not Ren 60 days Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN No Listing Terms CashConventionalOwner May Carry Month To Month Or Weekly Yn No New Construction Yn No Occupant Type Tenant Ownership Fee Simple Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10102.67 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning RSF2


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BRG REALTY VENTURES LLC: 352-871-8324.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 independently verified. Listing information is provided for consumers 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. Data last updated 2026-06-16T10:48:30.127.
 
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Team Saveela & Keller Williams Gainesville Realty Partners
7584 NW 4th Blvd
Gainesville FL, 32607