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Susan Klement
REALTOR®
(941) 720-4107
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$549,000

706 NW 20th Street Gainesville, FL 32603 Residential - Single Family Active

  • 706 NW 20th Street, Gainesville, FL 32603 Main Photo

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Description

Turnkey UF Investment | $3,650/Month Through 2027 | Prime Corner LotCash-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.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 1 car attached
Heating: Central
Lot Size: 0.38 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,958
Year Built: 1949

General Information

Bedrooms: 4
Bathrooms: 2 Full
Sqft: 1,888
County: Alachua
Subdivision: MURREY HILL COURT
Listed By:
Jamie Williams CORNERSTONE REALTY & MANAGEMENT SERVICES LLC 352-262-4914

Amenities

Ceiling Fans(s)
Other

Property Features

Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Days on Site: 1
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
Exterior: Block
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.38
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RSF2
$549,000
4beds
2.0baths
1,888sqft
1cars
New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,888 MLS#GC539511
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMURREY HILL COURT

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706 NW 20th Street, Gainesville, FL 32603.

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Estimated Payment

$ 2,758.31 per month $1,851.68 Principal & Interest $746.50 Property Tax $160.13 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 12:00:42 AM EST) or Stellar MLS (last updated Fri 04/17/2026 11:44:56 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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