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Property for sale at 706 NW 20TH STREET, GAINESVILLE, FL, 32603

706 NW 20th StreetGainesville, FL, 32603

4beds
2baths
1,888sqft
Single Family Residence
Built in 1949
$530,000
Sold
Price per sqft
$281
Sold on
Jun 22, 2026
MLS #GC539511Updated 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.

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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

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 2:45 PM EST

Price & sale history

EventPrice
SoldMLS #GC539511$530,000
Price increasedMLS #GC539511$549,000Change: +0.7%+$4,000
Listed for saleMLS #GC539511$545,000
Price changedMLS #GC446651$390,000
History may be incomplete.
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Location

Property for sale at 706 NW 20TH STREET, GAINESVILLE, FL, 32603
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