218 SW 10th Street, Gainesville, FL 32601
Local realty services provided by:CENTURY 21 Circle
218 SW 10th Street,Gainesville, FL 32601
$1,295,000
- - Beds
- - Baths
- 2,857 sq. ft.
- Multi-family
- Pending
Listed by: jamie williams
Office: cornerstone realty & management services llc.
MLS#:GC536926
Source:MFRMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$453.27
About this home
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....
Contact an agent
Home facts
- Year built:1933
- Listing ID #:GC536926
- Added:48 day(s) ago
- Updated:March 16, 2026 at 07:49 AM
Rooms and interior
- Basement Description:Crawlspace
- Living area:2,857 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1933
- Building area:2,857 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Frame
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$453.27
- Tax amount:$13,093 (2025)
Features and amenities
- Laundry features:Inside
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
Parking
- Parking description:Attached Garage
- Garage:Yes
- Garage spaces:2
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