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$649,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2,588 Sq. Ft.
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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.

Full Property Details for 111 SW 23rd Terrace

General

  • Price: $649,000
  • Taxes: $10,102 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: GC540145
  • Updated: 6/16/2026
  • Added to Site: 69 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Stone Counters
  • Appliances: Other
  • Furnishings: Unfurnished
  • Flooring: Luxury Vinyl, Tile, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Inside, Laundry Room

Exterior

  • Exterior Features: Private Yard, Sidewalk, Sliding Doors

Location

  • Area: 32607 - Gainesville
  • County: Alachua
  • Development Name: 32607 - Gainesville
  • Subdivision: UNIVERSITY PARK
  • Driving 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.
  • Direction Faces: North

Community

  • Community Name: 32607 - Gainesville

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Concrete
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 2,588
  • Sq. Ft. Source: Public Records
  • Year Built: 1956

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Lot Size: 11326
  • Street/Road Desc.: Asphalt
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $10,102.67
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: UNIVERSITY PARK PB B-61/75 LOT 2 & THAT PART OF LOT 11 LYING BETWEEN A LINE EXTENDED FROM SW COR OF LOT 7 TO NE COR OF LOT 1 ALL IN BK 8 & N/LY 7 FT OF LOT 1 OR 5195/1090
  • Flood Zone Info: X
  • APN: 6444002000
  • Property ID: 6444002000

Listed by Brg Realty Ventures Llc

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Listing agent

— 111 SW 23rd Terrace —

  • Brg Realty Ventures Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 111 SW 23rd Terrace

School District:Alachua County School District
NameGradesDistance
Caroline Beatrice Parker Elementary
1912 Northwest 5th Avenue, Gainesville, FL 32603
K-50.6 mi
Westwood Middle School, Gainesville, FL
3215 Northwest 15 Avenue, Gainesville, FL 32605
6-81.2 mi
Gainesville High School
1900 Northwest 13th Street, Gainesville, FL 32609
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 SW 23rd Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$649,000
42.01%
MLS
12/03/2024
Sold
$457,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 SW 23rd Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,103
-81%
$442,369
2%
2023
$52,467
4%
$433,473
32%
2022
$50,594
806%
$328,341
4%
2018
$5,584
—
$316,622
4%
2018
$5,584
—
$305,456
5%
2018
$5,584
-15%
$289,956
6%
2019
$6,564
13%
$274,642
7%
2018
$5,834
2%
$255,600
2%
2017
$5,701
9%
$251,600
16%
2016
$5,210
5%
$216,700
8%
2015
$4,945
2%
$201,000
3%
2014
$4,839
-2%
$194,900
-1%
2013
$4,916
—
$197,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 111 SW 23rd Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Brg Realty Ventures Llc

111 SW 23rd Terrace, Gainesville, FL 32607 (MLS# GC540145) is a Single Family property with 5 bedrooms and 3 full bathrooms. 111 SW 23rd Terrace is currently listed for $649,000 and was received on May 07, 2026. Want to learn more about 111 SW 23rd Terrace? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.

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