Under contract-accepting backup offers. Welcome to 501 NW 37th Ave., a truly one-of-a-kind, income-producing property tucked beside the serene Springstead Creek. Nestled in a nearly fairytale-like setting, this wooded sanctuary offers unmatched peace and privacy just minutes from the University of Florida, downtown Gainesville, and Stephen Foster Elementary. The main… Read More residence is a charming 2-bedroom, 2-bath home featuring all-tile flooring, an expansive open-concept living and dining space, and a stunning wood-burning brick fireplace as the centerpiece. Sunlight pours in through French doors that open out to a private back deck with creek views. The primary bedroom is generously oversized—nearly the size of two rooms—offering space for a sitting area, home office, or nursery. The home features washer/dryer hookups, a new dishwasher (2024), and a new hot water heater (2024) for modern comfort and efficiency. The fully fenced yard offers privacy and security, with lush greenery and mature plantings that feel like your own private botanical garden. Connected yet private, the 1-bedroom, 1-bath Additional Dwelling Unit (ADU) has a separate entrance and offers excellent flexibility for income potential or multigenerational living. The unit includes a small kitchen, full bath, and sliding glass doors that open onto a spacious 16’ x 20’ screened-in porch, perfect for relaxing in the Florida breeze. It also features its own independent mini-split heating and air conditioning system, completely separate from the central HVAC in the main house. The property is a botanical haven, beautifully landscaped with ornamental shrubs, gardenias, bleeding heart vine, tea tree, Confederate jasmine, Loropetalum, pinecone ginger, and irises. Enjoy the bounty of orange, grapefruit, lemon, and fig trees—a dream for gardeners and nature lovers alike. Major upgrades completed in 2025 include a brand-new TPU membrane roof, complete electrical system update with two separate utility boxes, and total plumbing upgrade all the way to the road. Total investment in updates exceeds $80,000! With a documented history of rental income, this unique property offers a rare combination of peaceful natural beauty, modern upgrades, and income-generating potential in a fantastic central Gainesville location. Don’t miss the opportunity to own this magical creekside retreat—where tranquility, charm, and smart investment all meet. Read Less
Courtesy of SOUTHERN ROOTS REALTY, LLC 727-498-1673
Listing Snapshot
Days Online
9
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Square Ft.
1,669
Lot Size
0.26 Acres
Year Built
1959
MLS Number
TB8411054
30 Days Snapshot Of 32609
$263k
+1%
(avg) sold price
10
-37%
homes sold
55
+96%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 155.06, Room Count: 3, Building Area Total: 1942, Building Area Units: Square Feet, Construction Materials: "Block", "Stucco", "Frame", Direction Faces: North, Levels: "One", Living Area: 1669, Year Built: 1959
Lot
Lot Size Square Meters: 1052, Total Acreage: 1/4 to less than 1/2, 0.26 acres, 11326 square feet
Property Access
Road Surface: "Paved"
Appliances & Equipment
Appliances: "Dishwasher", "Electric Water Heater", "Range", "Refrigerator"
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