20 NW 24TH ST, Gainesville, FL 32607
$500,000
Est. payment /mo
$530,000
5.7%
Est.Price: ?

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5 Beds
4 Baths
2,007 SqFt
SOLD DATE : 05/08/2026

Key Details

Sold Price $500,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,007 sqft

Price per Sqft $249

Subdivision Palm Terrace Shannon & Howard Repl

MLS Listing ID O6372044

Sold Date 05/08/26

Bedrooms 5

Full Baths 3

Half Baths 1

Construction Status Completed

HOA Y/N No

Year Built 1977

Annual Tax Amount $8,892

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

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.

Location

State FL

County Alachua

Community Palm Terrace Shannon & Howard Repl

Area 32607 - Gainesville

Zoning RSF2

Rooms

Other Rooms Formal Living Room Separate, Interior In-Law Suite w/Private Entry

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Tile, Wood

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Dishwasher, Disposal

Laundry Laundry Room

Exterior

Exterior Feature French Doors

Fence Fenced

Utilities Available Cable Available

Water Access No

Roof Type Metal

Porch Front Porch

Exposure East

Garage false

Private Pool No

Building

Lot Description Cleared

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

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Stellar MLS
Listed by Jason Bucci CENTURY 21 BAYTREE REALTY
Bought with Jason Bucci CENTURY 21 BAYTREE REALTY

Nearby Locations

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Valerie Dailey

Valerie Dailey

+1(352) 816-1080

Broker, Owner, GRI, ePro, PSA, C2EX | License ID: 3143790

Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790

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