Asking Price
$ 549,000Status
Active706 NW 20TH STREET
GAINESVILLE, FL,32603, MURREY HILL COURT
Overview
4 Bedrooms
2 Bathrooms
1 Garage
1,888 sqft
Year Built: 1949
School Nearby
Description
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.
Features
Status: Active
Beds: 4
Baths: 2
Square Footage: 1,888 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: GC539511
Days on Market: -
Year Built: 1949
Lot Size:
County: Alachua
Taxes: $8,958.00
Address
706 NW 20TH STREET , GAINESVILLE ,FL
Listing provided by: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC, 352-262-4914
Asking Price
$549,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 04/16/2026 23:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.