Heather Jaxheimer-Mills

706 NW 20th Street, Gainesville, FL 32603

$549,000
  • 706 NW 20th Street, Gainesville, FL 32603 Main Photo

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Pending
BEDS4 BATHS2 full SQUARE FEET1,888 MLS#GC539511
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONMURREY HILL COURT

Property Description

Under contract-accepting backup offers. 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.

706 NW 20th Street | MLS# GC539511

This single family home located at 706 NW 20th Street, Gainesville, FL 32603 is currently listed for sale with an asking price of $549,000. This property was built in 1949 and has 4 bedrooms and 2 full baths with 1888 sq. ft. NW 20th Street is located in the MURREY HILL COURT subdivision. Search MURREY HILL COURT real estate on www.jaxteamtampa.com today.

Property Features

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

Amenities

Ceiling Fans(s)
Other

Feature Descriptions

Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Days on Site: 47
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

Listed By / Shown By

Listed By

Agency Name: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC
Agency Contact: 352-262-4914

Shown By

Agent Name: Heather Jaxheimer-Mills
Agent Phone: Cell: (813) 335-8080
Agency Title: Florida Executive Realty

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Estimated Payment

$ 2,128.46 per month $1,221.84 Principal & Interest $746.50 Property Tax $160.13 Homeowner's Insurance

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