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Pending
  • $549,000

    706 NW 20th St, Gainesville, FL 32603

    4beds
    1,888sqft
    : 
    Single Family Residence
    Built in 1949
    0.38 Acres Lot
    $513,700 Zestimate®
    $291/sqft
    $-- HOA

    What's special

    Functional layoutCorner lotDurable lvp flooring throughoutUpdated kitchenMassive fenced-in backyardStrong indoor-outdoor flow
    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.
    11 days
    |
    542
    |
    26
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jamie Williams 352-262-4914,

    CORNERSTONE REALTY & MANAGEMENT SERVICES LLC 352-262-4914

    Source: Stellar MLS,MLS#: GC539511MLS LogoOriginating MLS: Gainesville-Alachua

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s)
      • Flooring: Luxury Vinyl
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,136
      • Total interior livable area: 1,888 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage - Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 0.38 Acres
      Details
      • Parcel number: 15458000000
      • Zoning: RSF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: MURREY HILL COURT
      HOA
      • Has HOA: No
      Location
      • Region: Gainesville

      Financial & listing details

      • Price per square foot: $291/sqft
      • Tax assessed value: $439,384
      • Annual tax amount: $8,958
      • Date on market: 4/16/2026
      • Cumulative days on market: 11 days
      • Ownership: Fee Simple
      • Total actual rent: 43200
      • Road surface type: Asphalt
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        Estimated market value

        $513,700

        $488,000 - $539,000

        $3,303/mo

        Price history

        DateEventPrice
        4/26/2026Pending sale$549,000$291/sqft
        Source: Stellar MLS #GC539511 Report a problem
        4/16/2026Listed for sale$549,000+50.8%$291/sqft
        Source: Stellar MLS #GC539511 Report a problem
        10/18/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/24/2021Sold$364,000-6.7%$193/sqft
        Source: Public Record Report a problem
        9/24/2021Listed for rent$2,400$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/23/2021Pending sale$390,000$207/sqft
        Source: GACAR #446651 Report a problem
        8/8/2021Price change$390,000-8.2%$207/sqft
        Source: GACAR #446651 Report a problem
        7/24/2021Listed for sale$425,000+63.5%$225/sqft
        Source: GACAR #446651 Report a problem
        9/10/2019Sold$260,000+8.8%$138/sqft
        Source: Public Record Report a problem
        8/30/2011Listing removed$239,000$127/sqft
        Source: Coldwell Banker M.M. Parrish Realtors #320616 Report a problem
        5/12/2011Price change$239,000-4.2%$127/sqft
        Source: M.M. Parrish, Realtors #320616 Report a problem
        4/14/2011Price change$249,500-4.4%$132/sqft
        Source: M.M. Parrish, Realtors #320616 Report a problem
        1/24/2011Price change$261,000-5.1%$138/sqft
        Source: Coldwell Banker M.M. Parrish Realtors #320616 Report a problem
        12/30/2010Listed for sale$275,000$146/sqft
        Source: Coldwell Banker M.M. Parrish Realtors #320616 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,958 +13.7%$377,081 +10%
        2024$7,882 +6%$342,801 +10%
        2023$7,433 +16.7%$311,637 +10%
        2022$6,370 +26.1%$283,306 +30.9%
        2021$5,051 -3.1%$216,488 -3.5%
        2020$5,212 +9.1%$224,319 +13%
        2019$4,775 $198,532 -2.7%
        2018$4,775 +2.4%$204,100 +4.6%
        2017$4,662 +2.5%$195,100 +11.3%
        2016$4,548 +7.9%$175,300 +2.6%
        2015$4,216 -0.1%$170,930 +10.1%
        2014$4,221 +9.3%$155,300 -1.1%
        2013$3,861 $157,000 -1.1%
        2012-- $158,700 -11.9%
        2011-- $180,200 -4.4%
        2010-- $188,400 -13%
        2009-- $216,600 -3.2%
        2008-- $223,800 +1.6%
        2007-- $220,200 +18.3%
        2006-- $186,100 +33.9%
        2005-- $139,000 +7.4%
        2004-- $129,400 +22.9%
        2003-- $105,300
        2002-- $105,300 +7.8%
        2001-- $97,700 +4.5%
        2000-- $93,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,599/mo
        Principal & interest
        $2647
        Property taxes
        $952
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          Climate risks

          Neighborhood: University Park

          Getting around

          44 / 100
          Car-Dependent
          88 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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