$649,000
111 23rd Terrace
Gainesville, FL 32607
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
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
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
- Status: ActiveMay 7, 2026
- Listed$649,000May 7, 2026
- 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
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Living Room | First | |
| Kitchen | First |
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-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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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