I have dreams of going MIT or Stanford, and I have a chance at it, but I’m highly doubtful. I live in Florida, so I am most likely going to UF. I get in practially free, too. I want to go to a well-respected school. Now I know UF isn’t an Ivy League or MIT, but is it up there with the “top” schools? How does it compare with Georgia Tech?

Academically it is nowhere near the top colleges. If you look at the highly respected unbiased Academic Ratings of the Princeton Review (they do this for their livelihood), they rate University of Florida at a 72 academically. Georgia Tech is only rated a 74.
By comparison other top colleges get much higher marks:
Harvard: 99
MIT: 97
Williams: 98
Holy Cross: 98
Middlebury: 98
Yale: 96
Notre Dame: 92
Georgetown: 92