Gainesville, FL 32601,218 SW 10TH ST
Gainesville, FL 32601,218 SW 10TH ST
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$1,295,000
Est. payment /mo
2,857 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,857 sqft

Price per Sqft $453

Subdivision University Heights

MLS Listing ID GC536926

HOA Y/N No

Year Built 1933

Annual Tax Amount $13,093

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Duplex

Source Stellar MLS

New Construction false

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.

Location

State FL

County Alachua

Community University Heights

Area 32601 - Gainesville

Zoning RH1

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Fireplaces Type Wood Burning

Fireplace true

Laundry Inside

Exterior

Exterior Feature Other

Garage Spaces 2.0

Utilities Available Public

Roof Type Shingle

Attached Garage true

Garage true

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Other,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Read Less Info
Stellar MLS
Listed by Jamie Williams, LLC BROXSON REAL ESTATE GROUP

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Healthy Learning Academy Charter School

    Public | KG - 5

  • 9

    Genesis Preparatory School

    Public | KG - 3

  • 8

    Caring & Sharing Learning School

    Public | KG - 6

  • 7

    P.K. Yonge Developmental Research School

    Public | KG - 12

  • 6

    Glen Springs Elementary School

    Public | PK - 5

  • 6

    Stephen Foster Elementary School

    Public | KG - 5

  • 5

    Littlewood Elementary School

    Public | PK - 5

  • 5

    J. J. Finley Elementary School

    Public | KG - 5

  • 5

    The One Room School House Project

    Public | PK - 5

  • 4

    Joseph Williams Elementary School

    Public | KG - 5

  • 4

    Marjorie Kinnan Rawlings Elementary School

    Public | PK - 5

  • 2

    W. A. Metcalfe Elementary School

    Public | PK - 5

  • 1

    Idylwild Elementary School

    Public | PK - 5

  • 1

    Sidney Lanier Center

    Public | PK - 12

  • 0

    Cornerstone Academy

    Private | PK - 12

  • 0

    Flowers Montessori

    Private | PK - KG

  • 0

    Z L Sung Seventy-Day Adventist School

    Private | 1 - 9

  • 0

    Character Counts Center

    Public | KG - 6

  • 0

    A. Quinn Jones/Exceptional Student Center

    Public | KG - 12

  • 0

    St Patrick Interparish School

    Private | PK - 8

Middle Schools 8
  • 5

    Alachua Eschool (Virtual Franchise)

    Public | 6 - 12

  • 5

    Howard W. Bishop Middle School

    Public | 6 - 8

  • 5

    Abraham Lincoln Middle School

    Public | 6 - 8

  • 4

    Westwood Middle School

    Public | 6 - 8

  • 0

    P. K. Yonge Virtual Franchise

    Public | 6 - 12

  • 0

    Hoggetowne Middle School

    Public | 6 - 8

  • 0

    Pace

    Public | 6 - 12

  • 0

    One Room Middle School

    Public | 6 - 8

High Schools 2
  • 6

    Gainesville High School

    Public | 9 - 12

  • 0

    Alachua Mycroschool of Integrated Academics and Te

    Public | 9 - 12

School and business data provided by Attom Data.

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Troy Sacco

Troy Sacco

+1(941) 445-3939

Broker | BK 3209901

Broker BK 3209901

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