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$1,200,000
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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.
Full Property Details
Full Property Details for 218 SW 10th St
General
- Sold For: $1,200,000
- Taxes: $13,093 (2025)
- Status: Closed
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: GC536926
- Added to Site: 125 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
Rooms
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32601 - Gainesville
- County: Alachua
- Development Name: 32601 - Gainesville
- Subdivision: UNIVERSITY HEIGHTS
- Driving Directions: Head East on University Avenue past NW 13th street and take a right on SW 10th Street. House is on the corner to corner on the right of SW 2nd Avenue and SW 10th street
Community
- Community Name: 32601 - Gainesville
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 2
- Exterior Const.: Other, Wood Frame
- Roof: Shingle
- Square Feet: 2,857
- Sq. Ft. Source: Public Records
- Living Area: 2,857 Sq. Ft.
- Year Built: 1933
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Lot Size: 11761
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $13,093
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: UNIVERSITY HGTS MB 104-10 E 96.5 FT OF LOTS 10 11 BK 2 OR 5145/0279
- Flood Zone Info: X
- APN: 13065000000
- Property ID: 13065000000
Listed by Cornerstone Realty & Management Services Llc
Sold by Explore Realty Inc
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Schools
Schools serving 218 SW 10th St
School District:Alachua County School District
| Name | Grades | Distance |
|---|---|---|
Caroline Beatrice Parker Elementary 1912 Northwest 5th Avenue, Gainesville, FL 32603 | K-5 | 1 mi |
Kanapaha Middle School 5005 Southwest 75th Street, Gainesville, FL 32608 | 6-8 | 5.9 mi |
Gainesville High School 1900 Northwest 13th Street, Gainesville, FL 32609 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 218 SW 10th St
Date
Details
Price
Change
Source
4/14/2026
Sold
$1,200,000
-7.34%
MLS
1/26/2026
Listed
$1,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
218 SW 10th Street, Gainesville, FL 32601 (MLS# GC536926) is a Duplex property that was sold at $1,200,000 on April 14, 2026. Want to learn more about 218 SW 10th Street? Do you have questions about finding other Duplex real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.
