Sold

218 SW 10th Street, Gainesville, FL 32601

Sqft
2,857
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCORNERSTONE REALTY & MANAGEMENT SERVICES LLC
  • 2
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Overview

Incredible income-producing investment in a prime UF location. This unique property features two separate rental structures plus 15 income-generating parking spaces, offering immediate and diversified cash flow. The main residence is a remodeled 5-bedroom, 2-bath, two-story home with refinished hardwood floors and classic character. It is leased through July 2027, providing long-term stability. The second structure is an oversized one-bedroom apartment, also fully leased through July 2026, with a garage below that offers excellent potential for future conversion or expansion. In addition to the residential income, the property includes nine separately leased parking spaces generating monthly revenue, while the main house and apartment are supported by six additional dedicated parking spaces.
With U-5 zoning, there is significant upside for redevelopment or increased density. Ideally located across from Midtown Park Eatery, just steps from Sorority Row, and The Swamp Restaurant, this property sits in one of the most desirable and high-demand areas near the University of Florida.

Immediate income, upside potential, and an unbeatable location—opportunities like this are rare.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,857
Lot size (acres)
0.27
Year built
1933

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$13,093

Public schools

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Sourced from: Stellar MLS MLS®#: GC536926 Last checked:

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