Paradise Sub Contd - 3928 NW 20TH TERRACE, Gainesville, FL 32605, sold on January 31, 2025

Closed onJanuary 31, 2025
List Price$350,000
Selling Price$345,000 ($297.41 / sqft)
Beds / Baths3 / 2
Square Feet1,160
Acre(s)0.23
SubdivisionParadise Sub Contd
Year Built1959
MLS #526295
Courtesy ofWATSON REALTY CORP

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.