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).
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.26 Acres
Roof Type: Shingle
Taxes: $10,102
Year Built: 1956
Square Feet: 2,588
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Stone Counters
Balcony
Fence
Private Entrance
Sidewalk
Sliding Doors
Feature Descriptions
Annual Net Income: 38202.68
Days on Site: 63
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
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile, Wood
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.26
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Covered, Driveway
Parking Notes: Covered, Driveway
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, See Remarks
Special Sale Provisions: None
Units: 5
Utilities: Electricity Connected, Public, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF2
Listed By / Shown By
Listed By
Agency Name: BRG REALTY VENTURES LLC
Agency Contact: 352-871-8324
Shown By
Agent Name: Jennifer Stanley
Agent Phone: (904) 715-0607
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 4,312.82 per month $3,281.70 Principal & Interest $841.83 Property Tax $189.29 Homeowner's InsuranceChange Payment Information
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111 SW 23rd Terrace | MLS# GC537362
This multi-family property located at 111 SW 23rd Terrace, Gainesville, FL 32607 is currently listed for sale with an asking price of $649,000. Search Gainesville real estate on jstanley.watsonrealtycorp.com today.