Irene Medina
REALTOR®, GRI CRS GREEN
BEDS5
BATHS
SQUARE FEET3,245
MLS#GC537356
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUNIVERSITY PARK
Property Description
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 3.5-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. 48 Hour notice required prior to touring property. The owner of this single-family investment also owns the investment home two doors down at 111 SW 23rd Terrace (see attached marketing flyer showing both). Additional flyer with supporting sales comps and seller financing terms also in attachments.
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
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: 87
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
Agent Name: Irene Medina
Agent Phone: Cell: (954) 439-4851
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 2,966.72 per month $1,836.09 Principal & Interest $890.00 Property Tax $240.63 Homeowner's InsuranceChange Payment Information
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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 imedina.realty100.com today.