Prime Investment Property Blocks from UF – Student Rental + Income-Producing Airbnb Don’t miss this exceptional opportunity just blocks from the University of Florida campus! This versatile property features a two-story 4-bedroom, 2.5-bath main home along with a connected 1-bedroom, 1-bath residence currently operating as a successful Airbnb, offering multiple income streams from one prime location.The main home is ideally suited for student rental use and showcases beautiful hardwood flooring, updated bathrooms, and a newer metal roof for long-term durability. The attached 1/1 unit provides a private, separate living space perfect for short-term rentals, guests, or extended family. Outside, enjoy a spacious driveway with ample parking potential—a rare find this close to campus—along with a huge backyard ideal for outdoor entertaining, future expansion, or added tenant appeal. Located in one of Gainesville’s most sought-after rental areas, close to UF, dining, and entertainment, this property offers consistent demand and strong income potential. Whether you’re an investor or looking for a hybrid owner-occupied opportunity, this property checks all the boxes. Location. Income. Flexibility. Schedule your private showing today.
For sale
$725,000
20 NW 24th St, Gainesville, FL 32607
5beds
2,007sqft
Est.:
Single Family Residence
Built in 1977
9,583 Square Feet Lot
$-- Zestimate®
$361/sqft
$-- HOA
What's special
Beautiful hardwood flooringUpdated bathrooms
- 15 days |
- 706 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: February 02, 2026 at 08:54am
Listing Provided by:
Jason Bucci 321-591-5922,
CENTURY 21 BAYTREE REALTY 321-255-2600
Source: Stellar MLS,MLS#: O6372044
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room
Primary bedroom
- Features: Built-in Closet
- Level: Second
Other
- Features: Built-in Closet
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal
- Laundry: Laundry Room
Features
- Ceiling Fan(s), In-Law Floorplan
- Flooring: Ceramic Tile, Tile, Hardwood
- Doors: French Doors
- Has fireplace: No
Interior area
- Total structure area: 2,025
- Total interior livable area: 2,007 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Fencing: Fenced
Lot
- Size: 9,583 Square Feet
- Features: Cleared
Details
- Additional structures: Guest House
- Parcel number: 06447011000
- Zoning: RSF2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: PALM TERRACE SHANNON & HOWARD REPL
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $397,194
- Annual tax amount: $8,892
- Date on market: 1/21/2026
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Listed for sale | $725,000+61.1%$361/sqft |
Source:  Stellar MLS #O6372044 Report a problem | ||
| 5/19/2023 | Sold | $450,000$224/sqft |
Source: Stellar MLS #GC510833 Report a problem | ||
| 4/14/2023 | Pending sale | $450,000$224/sqft |
Source: Stellar MLS #GC510833 Report a problem | ||
| 4/12/2023 | Listed for sale | $450,000$224/sqft |
Source: Stellar MLS #GC510833 Report a problem | ||
| 2/10/2023 | Pending sale | $450,000$224/sqft |
Source: Stellar MLS #GC510833 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,917 +29% | $397,194 +40.9% |
| 2023 | $6,913 +10.2% | $281,871 +10% |
| 2022 | $6,270 +15.8% | $256,246 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,991/mo
Principal & interest
$3480
Property taxes
$1257
Home insurance
$254
Climate risks
Neighborhood: Palm Terrace
Nearby schools
GreatSchools rating
- 5/10Caroline Beatrice Parker ElementaryGrades: K-5Distance: 0.6 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Gainesville High SchoolGrades: 9-12Distance: 1.6 mi
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