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Sold for $649,000
    • $649,000

    111 SW 23RD TERRACE, GAINESVILLE, FL 32607

    5beds
    2,588sqft
    Single Family Residence
    Built in 1956
    0.26 Acres Lot
    $619,100 Zestimate®
    $251/sqft
    $3,808 Estimated rent

    Home value

    $619,100

    $588,000 - $650,000

    $3,808/mo

    Zestimate® history
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    What's special

    Large deck
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Klenck 352-514-4725,

    THE MULTIFAMILY ADVISORS 352-871-8324

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: GC540145MLS LogoOriginating MLS: Gainesville-Alachua

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Features: Breakfast Bar, No Closet
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Stone Counters
    • Flooring: Luxury Vinyl, Tile, Hardwood
    • Doors: Sliding Doors
    • Has fireplace: No
    Interior area
    • Total structure area: 2,588
    • Total interior livable area: 2,588 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Private Yard, Sidewalk
    • Fencing: Fenced
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 06444002000
    • Zoning: RSF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: UNIVERSITY PARK
    HOA
    • Has HOA: No
    Location
    • Region: Gainesville

    Financial & listing details

    • Price per square foot: $251/sqft
    • Tax assessed value: $442,369
    • Annual tax amount: $10,102
    • Date on market: 5/7/2026
    • Cumulative days on market: 39 days
    • Listing terms: Cash,Conventional,Owner May Carry
    • Ownership: Fee Simple
    • Total actual rent: 48000
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/25/2026Sold$649,000$251/sqft
    Source: Stellar MLS #GC540145 Report a problem
    6/16/2026Pending sale$649,000$251/sqft
    Source: Stellar MLS #GC540145 Report a problem
    5/7/2026Listed for sale$649,000$251/sqft
    Source: Stellar MLS #GC540145 Report a problem
    5/7/2026Listing removed$649,000$251/sqft
    Source: Stellar MLS #GC537362 Report a problem
    2/9/2026Listed for sale$649,000+58.3%$251/sqft
    Source: Stellar MLS #GC537362 Report a problem
    12/3/2015Listing removed$3,500$1/sqft
    Source: Bruce DeLaney, Broker Report a problem
    11/19/2015Listed for rent$3,500$1/sqft
    Source: Bruce DeLaney, Broker Report a problem
    1/9/2015Listing removed$3,500$1/sqft
    Source: Bruce DeLaney, Broker Report a problem
    12/16/2014Listed for rent$3,500$1/sqft
    Source: Bruce DeLaney, Broker Report a problem
    6/2/2006Sold$410,000+101%$158/sqft
    Source: Public Record Report a problem
    3/28/2000Sold$204,000+15.3%$79/sqft
    Source: Public Record Report a problem
    7/25/1997Sold$177,000$68/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,103 +16.5%$442,369 +22.5%
    2024$8,675 +14.4%$361,175 +10%
    2023$7,580 +6%$328,341 +3.7%
    2022$7,152 +1.1%$316,622 +3.7%
    2021$7,075 +5.3%$305,456 +5.3%
    2020$6,719 +2.4%$289,956 +5.6%
    2019$6,564 $274,642 +7.4%
    2018$6,564 +20.4%$255,600 +1.6%
    2017$5,451 +8.7%$251,600 +16.1%
    2016$5,016 +5.6%$216,700 +7.8%
    2015$4,752 $201,000 +3.1%
    2014-- $194,900 -1.3%
    2013-- $197,500 -1.3%
    2012-- $200,100 -12.5%
    2011-- $228,700 -9.5%
    2010-- $252,800 -8.9%
    2009-- $277,400 -6.5%
    2008-- $296,800 +2%
    2007-- $290,900 +12.7%
    2006-- $258,200 +16%
    2005-- $222,600 +11.9%
    2004-- $199,000 +28.9%
    2003-- $154,400
    2002-- $154,400 +2.4%
    2001-- $150,800 +11.2%
    2000-- $135,600
    Find assessor info on the county website

    Neighborhood: University Village

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    Estimated market value
    $619,100
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    Estimated market value
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