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706 NW 20TH ST,  GAINESVILLE, FL 32603

MLS# GC539511.  4 beds.  2.0 baths.  Single Family Home.  Active

$8,958 in taxes (2025)

$549,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC ((352-262-4914))
  • Listing Agent: Jamie Williams ((352-262-4914))
  • Days on yellowkey: 3
  • Property Type: Single Family Home
  • Beds: 4
  • Baths: 2.0
  • Living Area Square Feet: 1888
  • Built 1949
  • Taxes: $8,958 (2025)
  • Garage Spaces:1 ()
  • Square Feet: 2136
  • Fees: $0
  • Alachua County
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  • Subdivision Name: MURREY HILL COURT
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
4/16/2026Sale3GC539511listed for sale$545,000-257.0224MLS




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