

706 NW 20th StreetGainesville, FL, 32603
- Price per sqft
- $281
- Sold on
- Jun 22, 2026
About this property
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.

Property details
- Property type
- Single Family Residence
- Street address
- 706 NW 20th Street
- City
- Gainesville
- State
- FL
- ZIP code
- 32603
- Year built
- 1949
- New construction
- No
- Faces
- North
- Rooms
- 3
- Living area
- 1,888 sqft
- Total building area
- 2,136 sqft
- Levels
- One
Price & sale history
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| SoldMLS #GC539511 | $530,000 | Not applicable | |
| Price increasedMLS #GC539511 | $549,000Change: +0.7%+$4,000 | +0.7%+$4,000 | |
| Listed for saleMLS #GC539511 | $545,000 | Not applicable | |
| Price changedMLS #GC446651 | $390,000 | Not applicable |
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