Alvarez's debut varsity season hinted at his Hall of Fame potential. His very first collegiate reception against Houston resulted in a breathtaking 70-yard touchdown, setting the tone for a dominant performance that saw him amass 182 receiving yards in Florida's 59-34 victory. The regular-season finale against rival Miami further solidified his burgeoning reputation. In a commanding 35-16 triumph, Alvarez hauled in a school-record 15 receptions for an astounding 237 yards, a benchmark that endures to this day. His sophomore campaign in 1970 proved to be his most spectacular. Alvarez shattered Florida's single-season records with 88 receptions, 1,329 receiving yards, and 12 touchdowns. This remarkable production made him the youngest player at the time to earn AFCA All-America honors. His numerous All-America selections as a sophomore were unmatched by any player since the legendary Doak Walker in 1947.
Despite battling knee injuries that hampered him later in his collegiate career, Alvarez's impact remained undeniable. He concluded his time with the Gators holding the program's all-time record for receiving yards with 2,563 and ranking among the top ten with 19 touchdown catches. His consistency was further highlighted by a Florida record of 25 consecutive games with at least one reception.
While his on-field achievements were significant, Alvarez also excelled academically. He was recognized as a first-team Academic All-American in 1969 and earned second-team Academic All-America honors in both 1970 and 1971, demonstrating his commitment to both his athletic and scholastic pursuits. Although a professional football career isn't explicitly mentioned in the provided information, Alvarez's exceptional college performance and accolades firmly establish his football legacy. His remarkable statistics, record-breaking performances, and national recognition culminated in his well-deserved induction into the College Football Hall of Fame in 2011, forever enshrining Carlos Alvarez as one of the University of Florida's all-time greats.