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$500,000
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Property Description
Prime Investment Property Blocks from UF - Student Rental + Income-Producing Airbnb Don't miss this exceptional opportunity just blocks from the University of Florida campus! This versatile property features a two-story 4-bedroom, 2.5-bath main home along with a connected 1-bedroom, 1-bath residence currently operating as a successful Airbnb, offering multiple income streams from one prime location.The main home is ideally suited for student rental use and showcases beautiful hardwood flooring, updated bathrooms, and a newer metal roof for long-term durability. The attached 1/1 unit provides a private, separate living space perfect for short-term rentals, guests, or extended family. Outside, enjoy a spacious driveway with ample parking potential-a rare find this close to campus-along with a huge backyard ideal for outdoor entertaining, future expansion, or added tenant appeal. Located in one of Gainesville's most sought-after rental areas, close to UF, dining, and entertainment, this property offers consistent demand and strong income potential. Whether you're an investor or looking for a hybrid owner-occupied opportunity, this property checks all the boxes. Location. Income. Flexibility. Schedule your private showing today.
Full Property Details
Full Property Details for 20 NW 24th St
General
- Sold For: $500,000
- Taxes: $8,892 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6372044
- Added to Site: 129 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s)
- Appliances: Cooktop, Dishwasher, Disposal
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: French Doors
- Deck/Patio: Front Porch
- Porch/Patio/Deck: Front Porch
Location
- Area: 32607 - Gainesville
- County: Alachua
- Development Name: 32607 - Gainesville
- Subdivision: PALM TERRACE SHANNON & HOWARD REPL
- Driving Directions: From SW Archer Rd Head North on SW 34th Street to East on W University Ave to left on 20 NW 24th Street
- Direction Faces: East
Community
- Community Name: 32607 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 2,007
- Sq. Ft. Source: Public Records
- Living Area: 2,007 Sq. Ft.
- Year Built: 1977
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Lot Size: 9583
- Street/Road Desc.: Paved
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $8,892
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SHANNON & HOWARDS REPLAT OF PALM TERRACE PB C-60 LOT 11 OR 5093/0694
- Flood Zone Info: X
- APN: 6447011000
- Property ID: 6447011000
Listed and Sold by Century 21 Baytree Realty
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Schools
Schools serving 20 NW 24th St
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 0.6 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 1 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 NW 24th St
Date
Details
Price
Change
Source
5/08/2026
Sold
$500,000
-5.66%
MLS
4/09/2026
Price Reduced
$530,000
-6.19%
MLS
3/26/2026
Price Reduced
$565,000
-2.57%
MLS
3/10/2026
Price Reduced
$579,900
-3.33%
MLS
2/20/2026
Price Reduced
$599,900
-11.78%
MLS
2/12/2026
Price Reduced
$680,000
-6.21%
MLS
1/21/2026
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
20 NW 24th Street, Gainesville, FL 32607 (MLS# O6372044) is a Single Family property that was sold at $500,000 on May 08, 2026. Want to learn more about 20 NW 24th Street? Do you have questions about finding other Single Family real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
