706 20TH STREET GAINESVILLE FL 32603

Overview of 706 Nw 20th St

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.

This lovely single family home was built in 1949 and features 4 bedrooms, and 2 full bathrooms. This home for sale is 2,136 square feet, with 1,888 sq ft being air conditioned living space. The home has a 1 car garage and does not have a private swimming pool.

Directions to this property are as follows: Head East On University Avenue Until You Reach Nw 22nd. Make A Right. Turn Right Onto Nw 7th Lane. House Is On The Corner Of Nw 20th Street And Nw 7th Lane.

Please contact your ZFC agent for more information about MLS# MFRGC539511 or any other homes for sale in Gainesville or elsewhere in the Alachua County area.