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$649,000

111 SW 23rd Terrace Gainesville, FL 32607 Residential - Single Family Active

  • 111 SW 23rd Terrace, Gainesville, FL 32607 Main Photo

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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 Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central
Lot Size: 0.26 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $10,102
Year Built: 1956

General Information

Bedrooms: 5
Bathrooms: 3 Full
Sqft: 2,588
County: Alachua
Subdivision: UNIVERSITY PARK
Listed By:
Joe Klenck BRG REALTY VENTURES LLC 352-871-8324

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Stone Counters
Private Yard
Sidewalk
Sliding Doors

Property Features

Appliances: Other
Directions: From SW 13th Street (US-441), turn east onto SW 23rd Street, then take the first right onto SW 23rd Terrace; 111 SW 23rd Terrace is ahead on your left.
Exterior: Concrete
Fencing: Fenced
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile, Wood
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.26
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF2
$649,000
5beds
3.0baths
2,588sqft
New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,588 MLS#GC540145
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONUNIVERSITY PARK

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111 SW 23rd Terrace, Gainesville, FL 32607.

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Estimated Payment

$ 3,220.09 per month $2,188.97 Principal & Interest $841.83 Property Tax $189.29 Homeowner's Insurance

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