Active

$1,295,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 2857 sq ft
Overview
  • ID: MFRGC536926
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 2857 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,295,000
HOA Fee:
N/A
Tax Amount:
$13093
Price per SqFt:
$453.27
Tax Legal Description:
UNIVERSITY HGTS MB 104-10 E 96.5 FT OF LOTS 10 11 BK 2 OR 5145/0279
Exterior Features
Lot Size:
11761
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1933
Construction Type:
Other, Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    218 SW 10TH ST
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