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218 SW 10TH ST,  GAINESVILLE, FL 32601

MLS# GC536926.  0 beds.  0.0 baths.  Apartment.  Active

$13,093 in taxes (2025)

$1,295,000

 

Remarks:

Under contract-accepting backup offers. 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.

Quick Info:

  • Listing is courtesy Of: CORNERSTONE REALTY & MANAGEMENT SERVICES LLC ((352-262-4914))
  • Listing Agent: Jamie Williams ((352-262-4914))
  • Days on yellowkey: 67
  • Property Type: Apartment
  • Baths: 0.0
  • Living Area Square Feet: 2857
  • Built 1933
  • Taxes: $13,093 (2025)
  • 0 Days off yellowkey (back on 2/19/2026 )
  • Garage Spaces: ()
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  • Fees: $0
  • Alachua County
  • Terms: Cash, Conventional
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  • Subdivision Name: UNIVERSITY HEIGHTS
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
2/19/2026Sale24GC536926Back on yellowkey$1,295,000-MLS
1/26/2026Sale0GC536926listed for sale$1,295,000-MLS
10/26/2025Rent143F10507308Listing Removed$1,700-3.2075MLS
8/13/2022Sale19F10340621Listing Removed$599,000-442.7198MLS
7/25/2022Sale0F10340621Listed for Sale$599,000-442.7198MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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