706 NW 20TH ST Gainesville, FL 32603
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,888 sqft
Price per Sqft $290
Subdivision Murrey Hill Court
MLS Listing ID GC539511
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1949
Annual Tax Amount $8,958
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Alachua
Community Murrey Hill Court
Area 32603 - Gainesville
Zoning RSF2
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Fireplaces Type Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Other
Garage Spaces 1.0
Utilities Available Public
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Membership Fee Required None
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC539511
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