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706 NW 20TH ST Gainesville, FL 32603

Neighborhood:

University Park

4 Bed
2 Bath
1888 Sq ft
1949 built
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.
More Info and HOA
  • Price/Sq. Ft.$291
  • MLS #539511
Exterior Features
  • TypeSingle Family Residence
  • Acres0.38
  • Exterior ConstructionBlock
  • RoofShingle
  • Exterior MiscOther
  • GarageYes
  • PoolNo
Interior Features
  • FloorsLuxury Vinyl
  • FeaturesCeiling Fans(s)
  • Appliances/EquipmentDishwasher, Range Hood, Refrigerator, Dryer, Washer
  • A/CCentral Air
  • HeatingCentral
  • UtilitiesPublic
Map Location
  • Road
  • Satellite
  • Hybrid
Listing History
  • Date Days ago Event New Price
  • Apr 16, 2026 0 days ago New on Market $549,000
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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