$1,295,000

218 SW 10TH STREET, Gainesville, FL 32601

  • 2,857 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1933
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $453/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 11, 2026 at 7:21AM
Listing Office:
CORNERSTONE REALTY & MANAGEMENT SERVICES LLC : 352-262-4914
Listing Agent:
Jamie Williams, LLC : 352-262-4914
MLS ID:
GC536926
  • General: Ceiling Fans(s)
  • Laundry: Inside
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Wood BurningFireplace
  • General: Other
  • Roofing: Shingle
  • General: OtherFrameCrawlspace
  • Road/Access: Asphalt
  • Originating MLS: Stellar MLS
  • County: Alachua
  • Zoning: RH1UNIVERSITY HGTS MB 104-10 E 96.5 FT OF LOTS 10 11 BK 2 OR 5145/027913065-000-000
  • Utilities: Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Jamie Williams, LLC , CORNERSTONE REALTY & MANAGEMENT SERVICES LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carolyn Beatrice Parker Elementary School

1912 NW 5th Ave, Gainesville, FL, 32603

Grades KG-5

0.92 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.59 miles away

A

A. Quinn Jones/Exceptional Student Center

1108 NW 7th Ave, Gainesville, FL, 32601

Grades 6-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.