GAINESVILLE, FL 32603 706 NW 20TH STREET
$549,000
Pending



41 more









































Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-262-4914
Home Details
Under contract-accepting backup offers. 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.
Presented By: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-262-4914
Interior Features for 706 NW 20TH STREET
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace FeaturesWood Burning
Fireplace Y/NYes
FlooringLuxury Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesLaundry Room
General for 706 NW 20TH STREET
Additional Parcels Y/NNo
AppliancesDishwasher, Dryer, Range Hood, Refrigerator, Washer
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsBlock
CoolingCentral Air
CountyAlachua
DirectionsHead 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
Facing DirectionNorth
Flood Zone CodeX
Flood Zone Code XY
Full Baths2
Garage Spaces1
Garage Y/NYes
HeatingCentral
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionMURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/1109
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet16553
Lot Size UnitsSquare Feet
MLS Area32603 - Gainesville
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameMURREY HILL COURT
Tax Annual Amount8958
Tax Lot31
Tax Year2025
Total Rooms3
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1949
ZoningRSF2
Exterior for 706 NW 20TH STREET
Building Area Total2136
Covered Spaces1
Exterior AmenitiesOther
Foundation DetailsSlab
Lot Size Acres0.38
Lot Size Area16553
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Gabriela Ceballos
Realtor®
SQFT • 1,888