Residential Property - Single Family Residence in Gainesville
Listing Price: $549,000
Description of Property
Turnkey UF Investment | $3,650/Month Through 2027 | Prime Corner Lot Cash-flowing rental just minutes to the University of Florida with a lease secured through July 2027—offering immediate, stable income in a high-demand location. This updated 4BR/2BA property sits on a desirable corner lot near Ben Hill Griffin Stadium and UF, a proven hotspot for consistent tenant demand and long-term appreciation. Inside, the home features durable LVP flooring throughout, along with an updated kitchen and bathrooms designed for low maintenance and lasting appeal. A bright sunroom with brand-new windows adds valuable living space and opens seamlessly to a paver patio, overlooking a massive fenced-in backyard—an increasingly rare feature this close to campus that enhances tenant retention and overall rental value. The functional layout, combined with strong indoor-outdoor flow and ample parking, makes this property especially attractive to student renters. A one-car garage adds additional storage and flexibility, further increasing its marketability. Major capital improvements have already been completed, including a newer HVAC system, hot water heater, garage door, washer and dryer, dishwasher, garbage disposal, updated sewer line, along with upgraded fixtures, ceiling fans, blinds, and fencing—significantly reducing near-term expenses and operational risk for the next owner. With limited inventory in this location, strong in-place income, and key system upgrades already handled, this is a fully stabilized, turnkey investment offering both reliable cash flow and long-term upside in one of Gainesville’s most sought-after rental markets.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Gainesville
County: Alachua
Subdivision: Murrey Hill Court
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 2,136
Sq. Ft. Living Area: 1,888
Cost per (heated) sqare foot: $291
Year built: 1949
Annual Tax: $8,958
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Wood Burning
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Garage: Yes
Garage Spaces: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.38
Lot Size (sq. ft.): 16,553 square feet
Front Exposure: North
Legal Description & Other Information
Parcel Number: 15458000000
Zoning: RSF2
Tax Legal Desc.: MURREY HILL COURT PB D-16 LOT 31 & ST ADJ ON S SIDE ORD 990 DEED APPEARS IN ERROR OR 4934/1109
Section: 6
Range: 20
Listing courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
