111 SW 23RD TERRACE GAINESVILLE FL 32607 MLS #GC540145

111 SW 23RD TERRACE
GAINESVILLE, FL, 32607
$649,000
5 Beds
3 Baths
2,588 SqFt
0.26 Acres
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MLS #GC540145 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 #:
GC540145
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
UNIVERSITY PARK
Neighborhood:
32607gainesville
Listed Date:
May 7, 2026
Finished Sq Ft:
2,588
Total Sq Ft:
2,588
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1956
32607 – Gainesville32607gainesvilleUniversity Park

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Schools

Interior

Appliances
Other
Bathrooms
3 Full Bathrooms
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
Levels
Two

Exterior

Construction Materials
Concrete
Direction Faces
North
Exterior Features
Private Yard, Sidewalk, Sliding Doors
Fencing
Fenced
Roof
Shingle

Financial

Tax Year
2025
Taxes
$10,103

Map

Community

Subdivisions in GAINESVILLE

Market Summary

Current real estate data for Single Family in GAINESVILLE as of Jun 11, 2026
763
Single Family Listed
87
Avg DOM
229
Avg $ / SqFt
$474,820
Avg List Price

Property Summary

    Located in the UNIVERSITY PARK subdivision, 111 SW 23RD TERRACE GAINESVILLE FL is a Single Family for sale in GAINESVILLE, FL, 32607. It is listed for $649,000 and features 5 beds, 3 baths, and has approximately 2,588 square feet of living space, and was originally constructed in 1956. The current price per square foot is $251. The average price per square foot for Single Family listings in GAINESVILLE is $229. The average listing price for Single Family in GAINESVILLE is $474,820. To schedule a showing of MLS#gc540145 at 111 SW 23RD TERRACE in GAINESVILLE, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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111 SW 23RD TERRACE
GAINESVILLE, FL