111 SW 23RD TERRACE GAINESVILLE FL 32607 MLS #GC537362

111 SW 23RD TERRACE
GAINESVILLE, FL, 32607
$649,000
5 Beds
4 Baths
2,588 SqFt
0.26 Acres
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MLS #GC537362 image #0
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 Details

Price:
$649,000
MLS #:
GC537362
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
Multi Family (5+)
Subdivision:
UNIVERSITY PARK
Neighborhood:
32607gainesville
Listed Date:
Feb 9, 2026
Finished Sq Ft:
2,588
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1956
Units:
5
32607 – Gainesville32607gainesvilleUniversity Park

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Schools

Interior

Cooling
Central Air
Flooring
Luxury Vinyl, Tile, Hardwood
Heating
Central
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Stone Counters
Laundry Features
Inside, Laundry Room, Washer Hookup

Exterior

Construction Materials
Concrete
Covered Spaces
2
Exterior Features
Balcony, Fenced, Private Entrance, Sidewalk, Sliding Doors
Open Parking YN
1
Parking Features
Covered, Driveway
Roof
Shingle

Financial

Tax Year
2025
Taxes
$10,103

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Multi Family in GAINESVILLE as of May 04, 2026
22
Multi Family Listed
113
Avg DOM
212
Avg $ / SqFt
$534,007
Avg List Price

Property Summary

    Located in the UNIVERSITY PARK subdivision, 111 SW 23RD TERRACE GAINESVILLE FL is a Multi Family for sale in GAINESVILLE, FL, 32607. It is listed for $649,000 To schedule a showing of MLS#gc537362 at 111 SW 23RD TERRACE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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broker reciprocity Courtesy of BRG REALTY VENTURES LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved.
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111 SW 23RD TERRACE
GAINESVILLE, FL