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$530,000
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Property Description
Turnkey UF Investment | $3,650/Month Through 2027 | Prime Corner Lot Cash-flowing rental just minutes to the University of Florida with a lease secured through July 2027-offering immediate, stable income in a high-demand location. This updated 4BR/2BA property sits on a desirable corner lot near Ben Hill Griffin Stadium and UF, a proven hotspot for consistent tenant demand and long-term appreciation. Inside, the home features durable LVP flooring throughout, along with an updated kitchen and bathrooms designed for low maintenance and lasting appeal. A bright sunroom with brand-new windows adds valuable living space and opens seamlessly to a paver patio, overlooking a massive fenced-in backyard-an increasingly rare feature this close to campus that enhances tenant retention and overall rental value. The functional layout, combined with strong indoor-outdoor flow and ample parking, makes this property especially attractive to student renters. A one-car garage adds additional storage and flexibility, further increasing its marketability. Major capital improvements have already been completed, including a newer HVAC system, hot water heater, garage door, washer and dryer, dishwasher, garbage disposal, updated sewer line, along with upgraded fixtures, ceiling fans, blinds, and fencing-significantly reducing near-term expenses and operational risk for the next owner. With limited inventory in this location, strong in-place income, and key system upgrades already handled, this is a fully stabilized, turnkey investment offering both reliable cash flow and long-term upside in one of Gainesville's most sought-after rental markets.
Full Property Details
Full Property Details for 706 NW 20th St
General
- Sold For: $530,000
- Taxes: $8,958 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: GC539511
- Added to Site: 136 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 32603 - Gainesville
- County: Alachua
- Development Name: 32603 - Gainesville
- Subdivision: MURREY HILL COURT
- Driving Directions: Head East on University Avenue until you reach NW 22nd. Make a right. Turn right onto NW 7th lane. House is on the corner of NW 20th street and NW 7th lane
- Direction Faces: North
Community
- Community Name: 32603 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,888
- Sq. Ft. Source: Public Records
- Living Area: 1,888 Sq. Ft.
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,553
- Lot Size: 16553
- Street/Road Desc.: Asphalt
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $8,958
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/1109
- Flood Zone Info: X
- APN: 15458000000
- Property ID: 15458000000
Listed and Sold by Cornerstone Realty & Management Services Llc
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Schools
Schools serving 706 NW 20th St
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 0.1 mi |
Westwood Middle School, Gainesville, FL 3215 Northwest 15 Avenue, Gainesville, FL 32605 | 6-8 | 1.3 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1 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 706 NW 20th St
Date
Details
Price
Change
Source
6/22/2026
Sold
$530,000
-3.46%
MLS
4/16/2026
Listed
$549,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
706 NW 20th Street, Gainesville, FL 32603 (MLS# GC539511) is a Single Family property that was sold at $530,000 on June 22, 2026. Want to learn more about 706 NW 20th 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.
