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1740 NW 7TH AVENUE

House For Sale
$499,000

BTC: 7.80297107

ETH: 262.26716562

17 days
3 bds
2 ba
1,794 sqft

Overview

**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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1946
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$278
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$420,000
$398K – $473K
Confidence Medium
List vs. estimate
$79K above estimate
List $499,000 · +18.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$278
+27.5% vs. city median $218
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,427
2025
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Garden / Private Entrance / Private Yard / Sidewalk

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 15271000000

    • Zoning: RSF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $8,427

  • Source details

    • MLS ID: GC541937

    Other facts

    • Construction Materials: Other / Stone

    • Foundation Details: Crawlspace

    • Fireplace Features: Wood Burning

    • Laundry Features: In Garage

    • Direction Faces: South

    • Fireplace: Yes

    • Living Area: 1794

    • Water Source: Public

    • Subdivision Name: FOREST PARK SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC