Pending
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Pending

$499,000

3 Beds 2 Baths 1,794 SQFT 0.24 Acres
Type: Single Family

1740 NW 7TH AVENUE
GAINESVILLE, FL 32603

MLS#: GC541937
Todd Hammer
Todd Hammer
The Real Estate Advantage
Technical Consultant and Trainer
Office: 952.226.7700
Presented by: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC with 352-262-4914. - 352-262-4914

Property Description

 

**Prime UF Investment Opportunity – Leased Through July 2027!** Don't miss this exceptional investment opportunity in the heart of Midtown, just a 5-minute walk to the University of Florida. This well-maintained 3-bedroom, 2-bath home is ideally located in one of Gainesville's most sought-after rental markets, offering immediate cash flow with a lease already in place through **July 2027**. Inside, the home features beautiful wood floors, oversized bedrooms that are highly desirable for student renters, a cozy wood-burning fireplace, and an open, inviting layout. The included washer and dryer add convenience for tenants, while the spacious front porch and expansive rear deck provide ideal outdoor living and entertaining spaces. The private, garden-like backyard is surrounded by mature trees, creating a peaceful retreat that's rare this close to campus. A detached garage offers valuable storage space for bikes, outdoor gear, or landlord equipment, and off-street parking is an added bonus. With its unbeatable location, strong rental history, and long-term lease already secured, this property is a turnkey addition to any investment portfolio. Whether you're a seasoned investor or looking to expand your holdings near UF, this Midtown gem offers stable income today and outstanding long-term appreciation potential.


 

Interior Features

Bedrooms

Total Bedrooms3

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace FeaturesWood Burning
Fireplace Y/NYes
FlooringHardwood
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesIn Garage

General

Additional Parcels Y/NNo
AppliancesDryer, Range, Refrigerator, Washer
Building Area Units0 sqft
Carport Y/NNo
CityGAINESVILLE
Construction MaterialsOther, Stone
CoolingCentral Air
CountyAlachua
DirectionsHead East on University Avenue until NW 17th Street. Make a left. Once you hit NW 7th Avenue make another left, house is on the right
Facing DirectionSouth
Flood Zone CodeX
Flood Zone Code XY
Full Baths2
Garage Y/NNo
HeatingCentral
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionFOREST PARK REPLAT PB C-88 LOT 13 BK 5 OR 5016/2112
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet10,454 sqft
Lot Size UnitsSquare Feet
MLS Area32603 - Gainesville
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal, Shingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameFOREST PARK SUB
Tax Annual Amount$8,427
Tax Lot13
Tax Year2025
Total Rooms3
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1946
ZoningRSF2

Exterior

Building Area Total2,484 sqft
Exterior AmenitiesGarden, Private Entrance, Private Yard, Sidewalk
Foundation DetailsCrawlspace
Lot Size Acres0.24
Lot Size Area10,454 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$499,000

3 Beds 2 Baths 1,794 SQFT 0.24 Acres
Type: Single Family

1740 NW 7TH AVENUE
GAINESVILLE, FL 32603

MLS#: GC541937
Todd Hammer
Todd Hammer
The Real Estate Advantage
Technical Consultant and Trainer
Office: 952.226.7700