$350,000 pending
3928 nw 20th terrace , gainesville, FL 32605
| Beds 3 | Baths 2 | 1,160 Sqft | 0.23 Acres |
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Property Description
Under contract-accepting backup offers. Very nice 3 BR 2 BA pool home in NW Gainesville. Currently used as an AirBnB, this investment opportunity features an established property that has generated $60,939 so far this year (as of 12/9). Excellently located near the University of Florida, UF Health, VA, and HCA hospitals, the home includes 3 bedrooms, 2 baths, a pool, and a 1-car carport. It has been meticulously maintained and updated, boasting a remodeled kitchen with modern cabinetry, quartz countertops, and stainless steel appliances. The property also features tile flooring in the great room, dining area/bonus room, and all bedrooms. The pool is perfect for enjoying the summer days, and the roof was replaced in 2021. Also being offered as part of a 3 home portfolio package yielding over 18% CAP rate with gross income ($215,580 as of 12/9/24) offered at $1,150,000 via short term rentals in 2024. Ready for quick closing and immediate occupancy! Home comes fully furnished.
General Information
Sale Price: $350,000
Price/SqFt: $302
Status: Pending
MLS#: GC526295
City: gainesville
Post Office: gainesville
Schools: gainesville high school-al
County: Alachua
Subdivision: paradise sub contd
Acres: 0.23
Bedrooms:3
Bathrooms:2 (2 full, 0 half)
House Size: 1,160 sq.ft.
Acreage: 0.23 est.
Year Built: 1959
Property Type: Single Family Residence
Style: Ranch
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Concrete, Wood Siding
Exterior Misc: Sliding Doors
Pool: Yes
Pool Description: In Ground
Basement: No
Foundation : Slab
Appliances: Dryer, Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central, Natural Gas
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $4,982
Legal Description: PARADISE PB A-4 W 100 FT OF E 260 FT OF S 100 FT OF N 390 FT OF LOT 59 OR 1751/ 0636
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jonathan Colon of WATSON REALTY CORP, Phone: 352-377-8899
