Address
1740 Nw 7th Avenue, GAINESVILLE, FL
Price
$ 499,000
Property Attributes
  • MLS#GC541937
  • TypeSingle Family
  • Listing Status Active
  • CountyAlachua
  • CityGAINESVILLE
  • AreaGainesville
  • NeighborhoodFOREST PARK SUB
  • Zip32603
  • StyleSingle Family Residence
  • Year Built1946
  • Taxes$ 8427
  • Price$ 499,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1794
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
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.

Price History
7/15/2026 Listed $499,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Metal,Shingle
Appliances Dryer,Range,Refrigerator,Washer
Zoning RSF2
Construction Materials Other,Stone
Year Built 1946
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential
Subdivision Name FOREST PARK SUB
Facing Direction South
Garage Y/N false
Total Rooms 3
Full Baths 2
Status Active
Directions Head 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
City GAINESVILLE
Senior Community Y/N false
MLS Area 32603 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Y/N false
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 8427
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC541937
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 13
Legal Description FOREST PARK REPLAT PB C-88 LOT 13 BK 5 OR 5016/2112
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Hardwood
Furnished Y/N Unfurnished
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features In Garage
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Garden,Private Entrance,Private Yard,Sidewalk
Water Source Public
Lot Size Area 10454
Foundation Details Crawlspace
Building Area Total 2484
Lot Size Acres 0.24
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32603

Price
AVG $630K
$500K
Taxes
AVG $7,604
$8,427
Year Built
AVG 1958
1946

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