706 NW 20th Street, Gainesville, FL 32603
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: jamie williams
Office: cornerstone realty & management services llc.
MLS#:GC539511
Source:MFRMLS
Price summary
- Price:$549,000
- Price per sq. ft.:$257.02
About this home
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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Home facts
- Year built:1949
- Listing ID #:GC539511
- Added:53 day(s) ago
- Updated:June 09, 2026 at 07:44 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl
- Kitchen Description:Dishwasher, Range Hood, Refrigerator
- Living area:1,888 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1949
- Building area:1,888 sq. ft.
- Lot area:0.38 Acres
- Construction Materials:Block
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$257.02
- Tax amount:$8,958 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Range Hood, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:1
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