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$450,000
$2,400Reward *
5811 NW 23RD Terrace A,B,C,D, Gainesville, FL 32653Listing ID GC533600

5811 NW 23RD Terrace A,B,C,D, Gainesville, FL 32653

Active
PINERIDGE II
Time on site: 355 days • Last updated: Sep 23, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
1,800
Acres
Acres
0.11
Days on Site
Days on Site
355
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1978

INVESTOR ALERT! Updated quadriplex in NW Gainesville, less than 15 minutes from UF, Shands and the VA. The interiors for all 4 units have been updated as well as the appliances which were purchased in 2023 and 2025. AC's were replaced in 2017, two in 2019, and 2021. Three units are rented ($990, $990, and $900) and one unit is being turned, since their lease expired (4th unit was rented through the city at $1450). All units have been properly maintained which makes this a great investment opportunity for someone just starting out, or looking to add to their portfolio. This transaction is a 1031 exchange.

Property Information

Property Details

Location

Address
5811 NW 23RD Terrace
County
Alachua
City
Gainesville
Zip Code
32653
Subdivision
PINERIDGE II
MLS Area
32653 - Gainesville

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Square Feet
1,800
Year Built
1978
Construction
Brick
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,973
Tax Year
2024

Homeowner Association

HOA Fee
$308
HOA Fee Frequency
Quarterly
COLDWELL BANKER M.M. PARRISH REALTORS, (352) 335-4999

Market Report for 32653

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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