1740 NW 7TH AVENUE, GAINESVILLE, FL, 32603
Active20 days on marketListed Jul 15, 2026MLS #GC541937
About this home
1740 NW 7TH AVENUE
**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.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,794
Sqft
0.24 ac
Lot size
1946
Year built
One
Levels
$278
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,021 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,021/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+17.9%
$/sqft vs Gainesville actives
$278 vs $198
Days on market
20 vs 45 typical
Where $278/sqft sits among the 400 Gainesville actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside University Park
Get to know Gainesville. See the full Gainesville guide →
University Park — neighborhood snapshot
Population
4,173
Median age
30
Median income
$61,923
Median home value
$377,890
Avg household
2
Households w/ children
133
For the school run
Alachua County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Gainesville market
$294K → $340K
Gainesville median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
187 of 400
Gainesville actives have cut their price
Median sold price, Gainesville, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 39% above the GAINESVILLE 32603 median. See the full Gainesville market guide →
Paper trail
This home's history
Reality check
What actually sold near 1740 NW 7TH AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$470,000
1615 NW 7TH AVENUE · same community
4 bd · 3 ba · 1,843 sqft · $255/sqft · 73 DOM
Sold · Jul ’26$775,000
1723 NW 7TH AVENUE · same community
3 bd · 2 ba · 1,655 sqft · $468/sqft · 57 DOM
Sold · Jun ’26$269,000
3418 SE 13TH PLACE · same community
3 bd · 2 ba · 2,032 sqft · $132/sqft · 104 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1740 NW 7TH AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1740 NW 7TH AVENUE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1740 NW 7TH AVENUE FAQs
What would the monthly payment be for 1740 NW 7TH AVENUE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,021/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1740 NW 7TH AVENUE?+
The most recent tax bill on record (2025) was $8,427. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Gainesville?+
At $499,000, this home is listed about 69% above the Gainesville median of $295,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1740 NW 7TH AVENUE?+
Carolyn Beatrice Parker Elementary (elementary), Gainesville High School (high), Westwood Middle School (middle) — Alachua County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CORNERSTONE REALTY & MANAGEMENT SERVICES LLC · Jamie Williams. MLS #GC541937.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Gainesville homes, in your inbox
Like 1740 NW 7TH AVENUE but not quite? A daily digest of every new listing in Gainesville — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →