$649,000

111 23rd Terrace

Gainesville, FL 32607

Active
5
Beds
3
Baths
2,588
Sq Ft
0.26
Acres
1956
Built
$251/sqft360° tour
🏠Single Family Residence

Property type

🏗️1956

Year built

📐11,326 sqft

Lot size

📊$251

Price / sq ft

🏘️No HOA

HOA dues

📅1

Day on market

🌊X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$3,282
Property taxes$842
Home insurance (est.)$297

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    May 7, 2026
  2. Listed$649,000
    May 7, 2026
  3. Price increased$649,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
1
Subdivision
University Park
County
Alachua
Year built
1956
Living area
2,588 sq ft
Price/sq ft
$251
Lot size
11,326 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12001C0313E)
Annual taxes
$10,103 (2025)
Parcel #
06444-002-000
Zoning
RSF2
MLS #
GC540145

Interior Details

Bedrooms
5
Full bathrooms
3
Flooring
Luxury Vinyl, Tile, Wood
Appliances
Other
Interior features
Ceiling Fans(s), Eat-in Kitchen, Stone Counters
Laundry
Inside, Laundry Room
Stories / Levels
Two
Direction faces
North

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, Owner Financing
Ownership
Fee Simple
Available for lease
No

Exterior & Construction

Exterior features
Private Yard, Sidewalk, Sliding Doors
Construction materials
Concrete
Roof
Shingle
Foundation
Block
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected

Room Details

RoomLevelDimensions
Primary BedroomFirst
Living RoomFirst
KitchenFirst

Listing Details

Listing date
2026-05-07
On market date
2026-05-07
Original list price
$649,000
Occupant type
Tenant
MLS area
32607 - Gainesville
Listing AOR
Gainesville-Alachua
Status changed
2026-05-07
Tax legal description
UNIVERSITY PARK PB B-61/75 LOT 2 & THAT PART OF LOT 11 LYING BETWEEN A LINE EXTENDED FROM SW COR OF LOT 7 TO NE COR OF LOT 1 ALL IN BK 8 & N/LY 7 FT OF LOT 1 OR 5195/1090

Flood risk

Minimal riskFEMA Zone XPanel 12001C0313E

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 8, 2026 at 6:52 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA