11 days on rocket

5320 NW 20th Ct, Gainesville, FL, 32653

$624,900

Home List Price

$7,421*

Closing Credit

8 Bedrooms
8 Baths
3,720 SqFt
$168/SqFt
Multi
Schools Nearby

Location

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5320 NW 20th Ct, Gainesville$624,900

Buyer Closing Credits

$7,421*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOpen, Off Street
Year Built1987
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #GC521381
Lot Size0.30 Acres
StatusActive

About 5320 NW 20th Ct

Discover and investment gem nestled on a cul-de-sac in NW Gainesville! This full leased quadruplex offers a prime opportunity for passive income. With a newly installed roof in September 2023, hard surface flooring throughout the downstairs of each unit, maintenance is minimized while tenant satisfaction is maximized. Each townhouse features 2 bedrooms and 1.5 bathrooms of well-maintained living area. Conveniently located near amenities and with easy access to major thoroughfares, this quadruplex presents a savvy investment opportunity in a sought-after locale. Property was originally 4 separate parcel numbers, built and designed to be sold off individually. Current seller combined the units into one tax parcel and formed and HOA for these 4 units, which is included. Units should be able to be divided, should an investor wish to purchase as a whole and sell off individually. Don't miss out on this turnkey income generator.

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Living Area: 3,720 SqFt

Listing Office:

  • Office Name: CARL TURLINGTON REAL ESTATE
  • Office Phone: (352) 372-9525
  • Listing Agent: Alicia Phillips

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Gas Water Heater, Range, Range Hood, Refrigerator
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior: Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Parking Information:

  • Parking: Open, Off Street

Virtual/3D Tour

  • Virtual Tour: 5320 NW 20th Ct

Virtual Tour

Lot Features

Lot Information:

  • Lot: Near Public Transit, Dead End Street, Cul-De-Sac, City Lot, Paved
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gainesville High School, Public Magnet Grades 9-12
  • Westwood Middle School, Public District Grades 6-8
  • C. W. Norton Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: NW 13th Street to NW 55th Avenue. West on NW 55th Avenue to NW 20th Court. Left onto NW 20th Court - property is in culdesac on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,900
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $3,191
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gainesville, FL.

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Gainesville, FL

City

Med. Sold Price

$311K

Med. Price/SqFt

$198

Avg. Days On Market

42

# of Sold Homes

240

5320 NW 20th Ct vs Gainesville

11 DAYS ON ROCKET

-31 Days

$624,900

+$313.8K More

$168/SqFt

-$30 Less

KEY TAKEAWAY

This property is $313.8K more than the Median Sold Price and $30/SqFt less than other homes in Gainesville, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #GC521381

Listing Office:

  • Office Name: CARL TURLINGTON REAL ESTATE
  • Office Phone: (352) 372-9525
  • Listing Agent: Alicia Phillips

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/4/2024, 1:19:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 01, 2000Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,191$128,000
2019$3,257$128,000
2018$3,007$128,000
2017$2,800$112,800

History based on county public records data.

Payment Calculator

$3,186

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5949573
5
/10

  • C. W. Norton Elementary School

  • 2200 NW 45th Ave

  • 0.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5949574
3
/10

  • Westwood Middle School

  • 3215 NW 15th Ave

  • 3.04 miles

  • Public District Grades 6-8

High School

school-card-donut-5949575
4
/10

  • Gainesville High School

  • 1900 NW 13th St

  • 2.43 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,059. Most Gainesville, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Alachua County›Gainesville›32653›5320 NW 20th Ct

This home is located at 5320 NW 20th Ct in Gainesville, FL and zip code 32653 in the Northwest Gainesville neighborhood. This 3,720 square foot home, which was built in 1987, sits on a 0.30 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $624,900.

Gainesville, FL housing market in April 2024 saw over 37 listings sold above listed price, more than 65 sold at listed price and over 138 sold below. The number of listings in Gainesville, FL increased by 3.6% between March 2024 and April 2024. Listings spent 42 days on the market in April 2024, and had a median list price of $311,018 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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