706 NW 20TH STREET, Gainesville, FL 32603

• 4 beds |
• 2 baths |
• 1,888 sqft

Property Description

Under contract-accepting backup offers. 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.

Listing Status:

Pending

Date Added:

April 16, 2026

Data Last Updated:

May 1, 2026 at 10:22PM

Listing Office:

CORNERSTONE REALTY & MANAGEMENT SERVICES LLC : 352-262-4914

Listing Agent:

Jamie Williams : 352-262-4914

MLS ID:

GC539511

Interior

• General: Ceiling Fans(s)
• Appliances: DishwasherDryerRange HoodRefrigeratorWasher
• Laundry: Laundry Room
• Flooring: Luxury Vinyl
• A/C: Central Air
• Heating: Central
• Fireplace: Wood BurningFireplace

Exterior

• General: Other

Construction

• Roofing: Shingle
• General: BlockOneSlab

Location

• Road/Access: Asphalt
• Originating MLS: Stellar MLS
• County: Alachua

Lot

• Zoning: RSF2MURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/110915458-000-000

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple