21 SW 23rd Terrace, Gainesville, FL 32607

$825,000

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Property Description

48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home/adjacent vacant lot parcels two doors down at 111 SW 23rd Terrace and 104 SW 23rd St (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 3.5-bathroom home with two kitchens is concrete block, with a wrap-around balcony overlooking the large backyard/patio 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.

21 SW 23rd Terrace | MLS# GC537356

This multi-family property located at 21 SW 23rd Terrace, Gainesville, FL 32607 is currently listed for sale with an asking price of $825,000. Search Gainesville real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.32 Acres
Roof Type: Shingle
Taxes: $10,680
Year Built: 1957
Square Feet: 3,245

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Stone Counters
Balcony
Fence
Private Yard
Rain Gutters
Sidewalk
Sliding Doors

Feature Descriptions

Annual Net Income: 37919.19
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; 21 SW 23rd Terrace is immediately on your left.
Exterior: Concrete
Flood Zone Code: X
Flooring: Tile, Vinyl, Wood
Foundation: Block
Home Warranty Y/N: No
Lot Dimensions: 0.32
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Office, See Remarks
Special Sale Provisions: None
Units: 5
Utilities: Electricity Connected, Public, Sewer Connected, 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

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Estimated Payment

$ 5,108.90 per month $3,978.27 Principal & Interest $890.00 Property Tax $240.63 Homeowner's Insurance

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