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111 SW 23RD TERRACE

House For Sale
$649,000

BTC: 10.14062500

ETH: 360.55555556

27 days
5 bds
3 ba
2,588 sqft

Overview

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.

Location

Florida • GAINESVILLE • 32607 • House • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
0.26 Acres
Heating:
Central
Price/sqft:
$251
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$469,000
$299K – $649K
Confidence Low
List vs. estimate
$180K above estimate
List $649,000 · +38.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$250
+13.5% vs. city median $220
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,102
2025
All facts and features

  • Flooring

    • Luxury Vinyl

    • Tile

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Other

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Property

    • Levels: Two

    • Exterior Features: Private Yard / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 06444002000

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,103

  • Source details

    • MLS ID: GC540145

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Block

    • Laundry Features: Inside / Laundry Room

    • Direction Faces: North

    • Living Area: 2588

    • Water Source: Public

    • Subdivision Name: UNIVERSITY PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32607
141
median $269K
Active
Same city
GAINESVILLE
1,084
median $274K
Active
Same type
House
514
median $399K
Active
Similar price
$454K – $843K
171
median $599K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BRG REALTY VENTURES LLC