$600,000

Estimated payment $3,635/month

Total Views 3,943
-- Bed
-- Bath
5,206 Sq Ft
$115 Price per Sq Ft

Highlights

  • Wood Flooring
  • Fireplace
  • Central Heating and Cooling System
  • Leon High School Rated A

About This Home

Unmatched opportunity just steps from campus! Multi-Family consisting of 14 potential bedrooms and plumbing currently set for up to 7 potential bathrooms, making this an investors dream with major upside. Located just one block from Florida A&M University, this partially constructed multi-unit property offers an incredible opportunity to bring your vision to life in one of Tallahassee's most in-demand rental corridors. Whether you're a seasoned investor, developer, or savvy buyer looking to capitalize on location, this property is bursting with potential. With the heavy lifting already under way a design team is available to assist with all construction/renovation items required for completion, or if you simply need design concepts and ideas. Don't miss out on this rare value-add opportunity minutes from downtown Tallahassee.

Listing Agent

Shehu Tagoe

Keller Williams Town & Country License #3251118 Listed on: 06/30/2025

Keller Williams Town & Country

Co-Listing Agent

Lindsay Thompson

Keller Williams Town & Country License #3247498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1947

Parking

  • Varies By Unit

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring

Schools

  • Bond Elementary School
  • NIMS Middle School
  • Leon High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 14 Units
  • Florida A & M Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / J
  • Assessor Parcel Number 12073-41-01-44- J-006-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,259

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Year Built: 1947
  • Directions: From Capital, S on S Monroe, rt on E Palmer, lft on S Adams, R on Young St
  • Elementary School: BOND
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Co List Office Mls Id: 548
  • Subdivision Name: FLORIDA A & M
  • Owner Name: Wayne Equity Partners Inc
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: Yes
  • Reso Parking Features: On Street, Varies by Unit
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Owner Pays: All Utilities, Electricity, Insurance, Sewer, Taxes, Water

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Brick, Block, Frame, Concrete

Utilities

  • Heating: Central, Electric, Wood
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Other

Schools

  • Middle Or Junior School: NIMS

Lot Info

  • Parcel Number: 12073-41-01-44- J-006-0

Multi Family

  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 5259.0
  • Tax Block: J
  • Tax Lot: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $600,000 -- $115 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 388040

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)