706 NW 20TH STREET Gainesville, FL $ 549,000
706 NW 20TH STREET
$ 549,000
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706 NW 20TH STREET

Gainesville, FL, 32603
$ 549,000
Bedrooms4 Baths2.0 Sq 1,888

Monthly Estimate*

$ 3,380

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Single Family Home for sale in Gainesville, FL

for $549,000 with 4 bedrooms and 2 full baths. This 1,888 square foot home was built in 1949 on a lot size of 0.38.

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.

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Single Family Active

Price

$ 549,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 8,958

Style

Single Family Residence

Lot Size

0.38

Year Built

1949

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC539511

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Appliances Dishwasher Dryer Range Hood Refrigerator Washer
Zoning RSF2
Garage Spaces 1
Construction Materials Block
Year Built 1949
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name MURREY HILL COURT
Facing Direction North
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
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
City GAINESVILLE
Senior Community Y/N false
MLS Area 32603 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 16553
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 8958
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC539511
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 31
Legal Description MURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/1109
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 16553
Foundation Details Slab
Building Area Total 2136
Lot Size Acres 0.38
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Cornerstone Realty & Management Services Llc

Broker

jamie@cmsflorida.com

Email

Affordability Calculator

$4,127
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,380
Monthly Property Taxes
$747
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$549,000 Listed Price

Map


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706 NW 20TH STREET, Gainesville, FL, 32603 is a Single Family Home for sale at $549,000 with 1,888 sqft and a lot size of 0.38. 706 NW 20TH STREET has 4 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 32603 which is in Gainesville, FL