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Wade M. Berlin

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  4. 21 23rd Terrace, GAINESVILLE, FL 32607
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21 23rd Terrace
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PRICED AT ONLY: $825,000

Address: 21 23rd Terrace, GAINESVILLE, FL 32607

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.

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  • MLS#: GC540140 ( Residential )
  • Street Address: 21 23rd Terrace
  • Viewed: 12
  • Price: $825,000
  • Price sqft: $254
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 3245
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 3
  • 1/2 Baths: 1
  • Days On Market: 6

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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Private Yard, Rain Gutters, Sidewalk, Sliding Doors
  • Flooring: Ceramic Tile, Vinyl, Wood
  • Living Area: 3245.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Other
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Stone Counters
  • Legal Description: UNIVERSITY PARK PB B-61/75 N 55 FT OF LOT 4 & LOT 5 LESS N 29 FT BK 8 OR 5195/1094
  • Levels: Two
  • Area Major: 32607 - Gainesville
  • Occupant Type: Tenant
  • Parcel Number: 06444-004-000
  • Views: 12
  • Zoning Code: RSF2
Nearby Subdivisions
Anglewood Rep   Bartram Woods   Beville Heights   Black Acres   Black Pines   Buckingham East   Cambridge Forest Ph V   Cobblefield   Fairfield Ph I   Fairfield Ph Ii   Fort Clark Forest   Glorias Way   Golf Club Manor   Golf View Estates   Golfview Estates   Grand Oaks   Grand Oaks At Tower   Grand Oaks At Tower Ph 2 Pb 37   Grand Oaks At Tower Ph 3   Grand Oaks At Tower Ph 3 Pb 38   Grand Oaks At Tower Ph I Pb 35   Granite Parke   Hamilton Heights   Hibiscus Park   Hisbicus Park   Mill Pond   Oakhaven Walk   Parks Edge Pb 37 Pg 49   Pepper Mill   Pine Glade   Portofino   Quail Hollow   Quarries   Replat Pt Mill Run   Reserve The   Rockwood Villas   Scrafford 2   Sunningdale   Tomoca Hills   Tower Oaks   University Park   University Terrace West   Vintage View Ph Ii   Westpoint   Westwood   Woodland Terrace  
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Wade M. Berlin

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