20 Nw 24th Street, Gainesville, FL 32607

$500,000
5
BD
4
BA
2,007
SqFt

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Sold Price
$500,000
List Price
$530,000
Status
Sold
Days on Market
95
Closing Date
May 08, 2026
MLS#
O6372044
Property Style
Single Family
Year Built
1977
Bedrooms
5
Bathrooms
4
Baths Half
1
Living Area
2,007
Lot Size
9,583
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Palm Terrace Shannon & Howard Repl
MLS Area Major
Gainesville

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.

Additional Information

Taxes
$8892
Minimum Lease
1-7 Days
Location
Cleared
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
RSF2
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Ceramic Tile, Tile, Wood
Appliances
Cooktop, Dishwasher, Disposal
Utilities
Cable Available
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame, Wood Siding
Exterior Features
French Doors
Roof
Metal
Foundation
Slab
Pool
No Pool
Fences
Fenced
Flood Zone Code
X
Parcel ID
06447-011-000
Legal Description
SHANNON & HOWARDS REPLAT OF PALM TERRACE PB C-60 LOT 11 OR 5093/0694

Listing courtesy of CENTURY 21 BAYTREE REALTY. 321-255-2600

Selling Office: CENTURY 21 BAYTREE REALTY.

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