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.
Sold for $500,000
$500,000
20 NW 24TH STREET, GAINESVILLE, FL 32607
5beds
2,007sqft
Single Family Residence
Built in 1977
9,583 Square Feet Lot
$510,700 Zestimate®
$249/sqft
$3,325 Estimated rent
Home value
$510,700
$485,000 - $536,000
$3,325/mo
Zestimate® history
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$3,584/mo
Est. payment
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List your homeWhat's special
Beautiful hardwood flooringUpdated bathrooms
Zillow last checked:
Listing updated:
Listed by:
Jason Bucci 321-591-5922,
CENTURY 21 BAYTREE REALTY 321-255-2600
Bought with:
Jason Bucci, 3045210
CENTURY 21 BAYTREE REALTY
Source: Stellar MLS,MLS#: O6372044
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
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
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
- Pet fee: $0 monthly
- Subdivision: PALM TERRACE SHANNON & HOWARD REPL
HOA
- Has HOA: No
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $392,143
- Annual tax amount: $8,892
- Date on market: 1/21/2026
- Cumulative days on market: 95 days
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $500,000+11.1%$249/sqft |
Source:  Stellar MLS #O6372044 Report a problem | ||
| 5/23/2023 | Sold | $450,000+63%$224/sqft |
Source: Public Record Report a problem | ||
| 1/13/2018 | Sold | $276,000+945.5%$138/sqft |
Source: Public Record Report a problem | ||
| 4/22/2016 | Sold | --0 |
Source: GACAR #373097 Report a problem | ||
| 6/15/2015 | Sold | $26,400-90.6%$13/sqft |
Source: GACAR #362802 Report a problem | ||
| 3/31/2005 | Sold | $280,000+115.4%$140/sqft |
Source: Public Record Report a problem | ||
| 3/1/2001 | Sold | $130,000+0.1%$65/sqft |
Source: Public Record Report a problem | ||
| 8/9/1996 | Sold | $129,900+58.4%$65/sqft |
Source: Public Record Report a problem | ||
| 1/15/1992 | Sold | $82,000$41/sqft |
Source: GACAR #98160 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,892 -0.3% | $392,143 -1.3% |
| 2024 | $8,917 +29% | $397,194 +40.9% |
| 2023 | $6,913 +10.2% | $281,871 +10% |
| 2022 | $6,270 +15.8% | $256,246 +10% |
| 2021 | $5,413 +6.5% | $232,951 +6.6% |
| 2020 | $5,084 -4.1% | $218,521 -1.5% |
| 2019 | $5,303 | $221,837 +27.3% |
| 2018 | $5,303 +32.2% | $174,200 +1.2% |
| 2017 | $4,011 -1.4% | $172,100 +3.8% |
| 2016 | $4,067 +1.8% | $165,800 -1.7% |
| 2015 | $3,996 -3.5% | $168,600 -0.8% |
| 2014 | $4,143 -1.6% | $170,000 -1.6% |
| 2013 | $4,210 | $172,800 -1.7% |
| 2012 | -- | $175,700 -3.8% |
| 2011 | -- | $182,700 -10.4% |
| 2010 | -- | $203,800 -5% |
| 2009 | -- | $214,600 -5.8% |
| 2008 | -- | $227,900 +1.3% |
| 2007 | -- | $225,000 +10.2% |
| 2006 | -- | $204,100 +24.4% |
| 2005 | -- | $164,100 +29.8% |
| 2004 | -- | $126,400 +11% |
| 2003 | -- | $113,900 |
| 2002 | -- | $113,900 +7.9% |
| 2001 | -- | $105,600 +12.7% |
| 2000 | -- | $93,700 |
Find assessor info on the county website
Neighborhood: Palm Terrace
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Nearby schools
GreatSchools rating
- 5/10Caroline Beatrice Parker ElementaryGrades: K-5Distance: 0.7 mi
- 3/10Westwood Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Gainesville High SchoolGrades: 8-12Distance: 1.6 mi
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Estimated market value
$510,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,700
- Florida
- Alachua County
- Gainesville
- 32607
- Palm Terrace
- 20 NW 24TH STREET
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