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$549,000
New Listing

706 NW 20TH STREET
GAINESVILLE, FL 32603

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,888
SqFt
$291
/SqFt
1949
Built
Subdivision:
MURREY HILL COURT
County:
Alachua
Call Now: 352-888-1111
Is this the listing for you? We can help make it yours.
352-888-1111
706 NW 20TH STREET706 NW 20TH STREET706 NW 20TH STREET706 NW 20TH STREET
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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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Listing Snapshot
Price 
$549,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,888 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.38 Acres
Year Built 
1949
MLS® Number 
GC539511
Status 
Active
Property Tax 
$8,958
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
9 hours agoListing first seen on site
General Features
Acres 
0.38
Attached Garage 
Yes
Direction Faces 
North
Foundation 
Slab
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
Attached
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2136
Water Source 
Public
Zoning 
RSF2
Interior Features
Appliances 
DishwasherDryerRange HoodRefrigeratorWasher
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Wood Burning
Furnished 
Unfurnished
Heating 
Central
Laundry Features 
Laundry Room
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
Block
Exterior 
Other
Roof 
Shingle
Community Features
MLS Area 
32603 - Gainesville
Roads 
Asphalt
Township 
10
Listing courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC (352) 262-4914



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-17 01:53 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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