218 SW 10TH STREET Gainesville, FL $ 1,295,000
218 SW 10TH STREET
$ 1,295,000
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218 SW 10TH STREET

Gainesville, FL, 32601
$ 1,295,000
Baths0.0 Sq 2,857

Monthly Estimate*

$ 7,974

218 SW 10TH STREET, Gainesville, FL 32601 - Image 1
218 SW 10TH STREET, Gainesville, FL 32601 - Image 2
Studio

Multi-Family Home for sale in Gainesville, FL

for $1,295,000. This 2,857 square foot home was built in 1933 on a lot size of 0.27.

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.

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Multi-Family Active

Price

$ 1,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,093

Style

Duplex

Lot Size

0.27

Year Built

1933

Town/City

Gainesville

County/Region

Alachua

MLS | Web ID

GC536926

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Roof Shingle
Zoning RH1
Garage Spaces 2
Construction Materials Other Wood Frame
Year Built 1933
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Alachua
New Construction false
Property Type Residential Income
Attached Garage true
Subdivision Name UNIVERSITY HEIGHTS
Garage Y/N true
Status Active
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
City GAINESVILLE
Senior Community Y/N false
Number Of Units Total 2
MLS Area 32601 - Gainesville
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Y/N false
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 13093
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Legal Description UNIVERSITY HGTS MB 104-10 E 96.5 FT OF LOTS 10 11 BK 2 OR 5145/0279
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s)
Fireplace Features Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 11761
Foundation Details Crawlspace
Number of Buildings 2
Lot Size Acres 0.27
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Cornerstone Realty & Management Services Llc

Broker

jamie@cmsflorida.com

Email

Affordability Calculator

$9,065
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,974
Monthly Property Taxes
$1,091
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2026$1,295,000 Listed Price

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218 SW 10TH STREET, Gainesville, FL, 32601 is a Multi-Family Home for sale at $1,295,000 with 2,857 sqft and a lot size of 0.27. 218 SW 10TH STREET is a studio with 0.0 baths and was built in 1933. The property's zip code is 32601 which is in Gainesville, FL