Active

$649,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2588 sq ft
Overview
  • ID: MFRGC537362
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2588 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$649,000
HOA Fee:
N/A
Tax Amount:
$10102.67
Price per SqFt:
$250.77
Tax 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
Exterior Features
Lot Size:
11326
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Luxury Vinyl, Tile, Wood
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
1956
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Fence, Private Entrance, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    111 SW 23RD TER
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Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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