For sale

$649,000

111 SW 23rd Ter, Gainesville, FL 32607

5beds

4baths

2,588sqft

Est.:

Multi Family

Built in 1956

-- sqft lot

$-- Zestimate^®

$251/sqft

$-- HOA

What's special

Large deck

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.

31 days

1,152

26

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Laundry: Inside, Laundry Room, Washer Hookup

Features

Ceiling Fan(s), Eating Space In Kitchen, Stone Counters
Flooring: Luxury Vinyl, Tile, Hardwood
Doors: Sliding Doors
Has fireplace: No

Interior area

Total interior livable area: 2,588 sqft

Property

Parking

Total spaces: 2
Parking features: Covered, Driveway
Carport spaces: 2
Has uncovered spaces: Yes

Features

Exterior features: Balcony, Private Entrance, Sidewalk
Fencing: Fenced

Lot

Size: 0.26 Acres

Details

Parcel number: 06444002000
Zoning: RSF2
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

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, Public, Water Connected

Community & HOA

Community

Subdivision: UNIVERSITY PARK

HOA

Has HOA: No
Pet fee: $0 monthly

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: 2/9/2026
Cumulative days on market: 32 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

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

Public tax history

Year	Property taxes	Tax 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