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20 NW 24TH ST Gainesville, FL 32607

Neighborhood:

Palm Terrace

5 Bed
3.5 Bath
2007 Sq ft
1977 built
Prime Investment Property Blocks from UF – Student Rental + Income-Producing Airbnb Don’t miss this exceptional opportunity just blocks from the University of Florida campus! This versatile property features a two-story 4-bedroom, 2.5-bath main home along with a connected 1-bedroom, 1-bath residence currently operating as a successful Airbnb, offering multiple income streams from one prime location.The main home is ideally suited for student rental use and showcases beautiful hardwood flooring, updated bathrooms, and a newer metal roof for long-term durability. The attached 1/1 unit provides a private, separate living space perfect for short-term rentals, guests, or extended family. Outside, enjoy a spacious driveway with ample parking potential—a rare find this close to campus—along with a huge backyard ideal for outdoor entertaining, future expansion, or added tenant appeal. Located in one of Gainesville’s most sought-after rental areas, close to UF, dining, and entertainment, this property offers consistent demand and strong income potential. Whether you’re an investor or looking for a hybrid owner-occupied opportunity, this property checks all the boxes. Location. Income. Flexibility. Schedule your private showing today.
More Info and HOA
  • Price/Sq. Ft.$361
  • MLS #6372044
Exterior Features
  • TypeSingle Family Residence
  • Acres0.22
  • Exterior ConstructionFrame, Wood Siding
  • RoofMetal
  • Exterior MiscFrench Doors
  • GarageNo
  • PoolNo
  • Patio And Porch FeaturesFront Porch
  • FencingFenced
Interior Features
  • FloorsTile, Ceramic Tile, Wood
  • FeaturesCeiling Fans(s), Formal Living Room Separate, Interior In-Law Suite w/Private Entry
  • Appliances/EquipmentDishwasher, Disposal, Cooktop
  • A/CCentral Air
  • HeatingCentral, Electric
  • UtilitiesCable Available
Map Location
  • Road
  • Satellite
  • Hybrid
Listing History
  • Date Days ago Event New Price
  • Jan 21, 2026 1 days ago New on Market $725,000
Schedule Tour or Get More Info

Schedule a tour or receive an e-mail with more information about this property. For immediate assistance with this property or any other properties for sale, call Realtor Matt Price at (352) 281-3551.

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