Property Description
48 Hour notice required prior to touring property. The owner of this single-family investment also has for sale the adjacent vacant lot parcel to the rear of the building at 104 SW 23rd St, and the investment home two doors down at at 21 SW 23rd Terrace (see attached marketing flyer showing all three). 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 in process of being signed. 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.
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: 24
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
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,160.70 per month $3,129.58 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 www.watsonrealtycorp.com today.