$312,000
SOLD FEB 28, 2025

304 Vantage Point Ln Unit . 46, 47, 48 Tallahassee, FL 32301

Magnolia Neighborhood
-- Bed
-- Bath
2,208 Sq Ft
1978 Built

Recently Sold

$141 Per Sq Ft

4% Below List Price

16 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Walk-In Closet
  • Leon High School Rated A
  • Tray Ceiling
  • 4-minute walk to Barnette and Sally Allen Nature Preserve

About This Home

As of February 2025

Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This triplex offers a prime opportunity for an investor looking for stable income, or for an owner occupant looking to live in one unit, and rent the other two to offset the mortgage. Each unit is a 1-bedroom, 1-bathroom, and historically have been rented below market rate at $750-$900 per month. Rents can be in the $1000-$1100 range with some upgrades. New 30year Arch Roof installed 2025. Currently two units are vacant giving the future owner multiple possibilities, to live in one unit, or rent them both out at the price of his/her choosing. The affordable rental rates make these units highly attractive to a wide range of tenants. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.

Last Agent to Sell the Property

Cole Davis

The Naumann Group Real Estate License #3357739 Listed on: 01/16/2025

The Naumann Group Real Estate

Last Buyer's Agent

Devin Odom

Frog Real Estate Company, LLC License #3525166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 1978

Parking

  • Unassigned Parking

Home Design

  • Redwood Siding
  • Cedar

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • Disposal

Schools

  • Hartsfield Elementary School
  • Cobb Middle School
  • Leon High School

Additional Features

  • Deck
  • Lot Dimensions are 98x77x42x81x42x151
  • Central Heating and Cooling System

Community Details

  • 3 Units
  • Vantage Point Unrec Subdivision

Listing and Financial Details

  • The owner pays for management
  • Tax Lot 14
  • Assessor Parcel Number 12073-11-31-19-000-014-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,352

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Directions: Magnolia to Hays St to R on Smith, Left on Vantage Point Lane
  • Elementary School: HARTSFIELD
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Lot Size: 98x77x42x81x42x151
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer
  • Subdivision Name: Vantage Point Unrec
  • Owner Name: Wallenfelsz
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: Other
  • Fireplace: No
  • Reso Interior Features: Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Reso Parking Features: Unassigned
  • Reso Patio And Porch Features: Deck
  • Reso Room Type: Primary Bedroom
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Management

Exterior Features

  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Cedar, Redwood Siding
  • Exterior Features: Deck

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: COBB

Lot Info

  • Land Lease Expiration Date: 2025-06-30
  • Parcel Number: 12073-11-31-19-000-014-0

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3352.0
  • Tax Block: -
  • Tax Lot: 14

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
02/28/2025 02/28/25 Sold $312,000 -4.0% $141 / Sq Ft
01/16/2025 01/16/25 For Sale $325,000 -- $147 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cole Davis

    Seller's Agent in 2025

    Cole Davis

    The Naumann Group

    (850) 545-2111

    7 in this area

    196 Total Sales

    Cole Davis
    Section Image

  • D

    Buyer's Agent in 2025

    Devin Odom

    Frog Real Estate Company, LLC

    (850) 212-2673

    6 in this area

    35 Total Sales

    Devin Odom
    Section Image
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Map

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

MLS Number: 380865

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

Florida Leon County Tallahassee 32301 Magnolia

304 Vantage Point Ln Unit . 46, 47, 48, Tallahassee, FL

This home is located at 304 Vantage Point Ln Unit . 46, 47, 48, Tallahassee, FL 32301 and is currently priced at $312,000, approximately $141 per square foot. This property was built in 1978. 304 Vantage Point Ln Unit . 46, 47, 48 is a home located in Leon County with nearby schools including Frank Hartsfield Elementary School, Elizabeth Cobb Middle School, and Leon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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