2618 NE 10th Terrace
Gainesville, FL 32609
- 3 beds
- 1 bath
- 1,010 sqft
- 9,148 sqft lot
- $148 per sqft
- 1960 build
- – on site
seller to install brand new roof prior to closing!! Investor Special: Discover a rare cash-only opportunity at 2618 NE 10th Terrace in Northeast Gainesville — a solid, block-on-slab 3-bedroom, 1-bath, 1,010SF home priced to reflect the updates (paint, bathroom, floors, kitchen) needed for immediate upside. With updated windows already in place, 2016 AC, and rental pro forma of $1,800/month post-renovation, this property delivers strong cash-flow potential in a rapidly appreciating market. Ideally situated just minutes from the University of Florida’s East Campus, UF main campus, Butler Plaza’s 150+ shops and restaurants, and Gainesville Regional Airport, residents enjoy unparalleled convenience. Outdoor enthusiasts will relish easy access to Paynes Prairie Preserve State Park (10-minute drive for hiking, wildlife viewing, observation tower), Kanapaha Botanical Gardens (15 minutes; home to Florida’s largest public bamboo garden), Devil’s Millhopper Geological State Park (12 minutes), and the Gainesville-Hawthorne State Trail (5 minutes) for biking and walking adventures. Comparable block homes in the neighborhood command $200K+, making this buy-and-hold rental an exceptional value play with upside. Schedule your showing today and secure a turnkey investment poised for both cash flow and appreciation.
Last checked:
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Last updated Apr 1, 2025
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MLS# TB8362894 —
The Building
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Year Built:1960
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New Construction:false
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Construction Materials:Block
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Levels:One
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Stories Total:1
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Roof:Shingle
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Foundation Details:Slab
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Building Area Total:1462
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Laminate
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Fireplace:false
Room Dimensions
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Living Area:1010
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From downtown Gainesville, head northeast on East University Avenue toward NE 1st Street. After about half a mile, turn left onto NE 6th Street and continue for roughly 1.3 miles as you pass under I-75. At the traffic circle, take the second exit to stay on NE 6th Street, then in 0.3 miles turn right onto NE 10th Terrace. Follow NE 10th Terrace for approximately 0.6 miles; 2618 NE 10th Terrace will be on your left, just past the intersection with NE 18th Avenue. Total drive time is about 8–10 minutes, depending on traffic.
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Latitude:29.676631
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Longitude:-82.313289
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Coordinates:-82.313289, 29.676631
The Property
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Parcel Number:08201025000
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Fixer
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Lot Size Acres:0.21
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Lot Size Area:9148
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Lot Size SqFt:9148
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RSF2
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Direction Faces:East
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View:false
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Exterior Features:Storage
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 366-1983
- Office phone:
- (813) 426-2669
Taxes
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Tax Year:2024
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Tax Lot:25
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Tax Legal Description:HIGHLAND COURT MANOR 1 PB E-91 LOT 25 OR 4611/2164
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Tax Book Number:E-91
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Tax Annual Amount:1167.3
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8362894
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Laundry Closet
Schools
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Elementary School:Marjorie Kinnan Rawlings Elementary School-AL
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Middle Or Junior School:Howard W. Bishop Middle School-AL
The Community
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Subdivision Name:HIGHLAND COURT MANOR
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:true
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Carport Spaces:1
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Covered Spaces:1
Monthly cost estimate

Asking price
$150,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$803
|
Taxes | $97 |
Insurance | $41 |
Utilities | $132 See report |
Total | $1,073/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/24/25
Mar 24, 2025
|
Listed / Active | STELLAR_MLS | $150,000 | 63.0% (9.3% / YR) |
6/22/18
Jun 22, 2018
|
STELLAR_MLS | $92,000 | 76.9% (24.6% / YR) | |
5/7/15
May 7, 2015
|
STELLAR_MLS | $52,000 | 26.8% (8.2% / YR) |