$600,000
UNDER CONTRACT $1K PRICE INCREASE

432 Teal Ln Unit A Tallahassee, FL 32308

Miccosukee Greenway Neighborhood

Estimated payment $3,667/month

Total Views 71
-- Bed
-- Bath
2,560 Sq Ft
$234 Price per Sq Ft

Highlights

  • Walk-In Closet
  • Central Heating and Cooling System
  • Carpet
  • Leon High School Rated A
  • Utility Room

About This Home

Well-maintained quadplex in A+ location near both Tallahassee Memorial and HCA Hospitals! This multi-family building offers four 1/1 apartments and it currently generates $5,500/month in rental income. Two units are rented via 12-month leases for $1,100/each per month, and two are furnished rentals that currently generate $1,650/month each. Roof was replaced in 2019; maintenance and profit/loss information is available. Agent has ownership interest. Sure to go quickly... don't miss this chance to strengthen your real estate investment portfolio!

Listing Agent

Jessica Lowe-Minor

Superior Realty Group LLC License #3410801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1981

Parking

  • Unassigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Partially Furnished
  • Window Treatments
  • Utility Room
  • Washer
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Kate Sullivan Elementary School
  • Cobb Middle School
  • Leon High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Brookfield Subdivision

Listing and Financial Details

  • Rent includes all utilities, gardener, internet, pest control, cable TV
  • Legal Lot and Block 17 / A
  • Assessor Parcel Number 12073-11-20-36- A-017-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Directions: Miccosukee Road to Teal Lane; building is 432.
  • Elementary School: Kate Sullivan Elementary
  • High School: LEON
  • PropertySubType: Multi Family
  • PropertyType: Residential
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Subdivision Name: BROOKFIELD
  • Owner Name: Lowe & Lowe-Minor
  • Architectural Style: Two Story
  • ResoBuildingAreaSource: Assessor
  • Fireplace: No
  • Reso Interior Features: Other, Walk-In Closet(s), Window Treatments
  • Reso Parking Features: Unassigned
  • Reso Room Type: Utility Room
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • PropertySubTypeAdditional: Multi Family
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Clay, Concrete, Ceramic Tile, Laminate, Partially Carpeted, Varies, Vinyl
  • Owner Pays: All Utilities, Electricity, Insurance, Janitorial Service, Pest Control, Repairs, Supplies, Sewer, Taxes, Trash Collection, Water

Exterior Features

  • Pool Private: No
  • Disclosures: Owner Is Listing Agent
  • Home Warranty: No
  • Construction Materials: Vinyl Siding

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Security: Dead Bolt(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Rent Includes: All Utilities, Gardener, Internet, Pest Control, Cable TV

Schools

  • Middle Or Junior School: COBB

Lot Info

  • Land Lease Expiration Date: 2025-12-31
  • Parcel Number: 12073-11-20-36- A-017-0

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4093.0
  • Tax Block: A
  • Tax Lot: 17

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,093 $224,650 $55,000 $169,650
2023 $3,786 $189,193 $0 $0
2022 $3,301 $184,768 $50,000 $134,768
2021 $3,001 $156,358 $40,000 $116,358
2020 $2,957 $156,358 $40,000 $116,358
2019 $2,884 $150,881 $40,000 $110,881
2018 $2,791 $144,676 $40,000 $104,676
2017 $2,794 $143,139 $0 $0
2016 $2,776 $140,184 $0 $0
2015 $2,711 $137,356 $0 $0
2014 $2,711 $135,998 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $600,000 0.0% $234 / Sq Ft
04/09/2025 04/09/25 For Sale $600,000 +0.2% $234 / Sq Ft
04/07/2025 04/07/25 Off Market $599,000 -- --
03/24/2025 03/24/25 For Sale $599,000 -- $234 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $288,900 Attorney
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $163,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,990 New Conventional
Previous Owner $150,000 Commercial
Previous Owner $148,000 Commercial
Source: Public Records

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

MLS Number: 383558

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

APN: 11-20-36-00A-017.0

Florida Leon County Tallahassee 32308 Miccosukee Greenway

432 Teal Ln Unit A, Tallahassee, FL

Homes for Sale in Tallahassee, FL

This home is located at 432 Teal Ln Unit A, Tallahassee, FL 32308 and is currently priced at $600,000, approximately $234 per square foot. This property was built in 1981. 432 Teal Ln Unit A is a home located in Leon County with nearby schools including Kate Sullivan Elementary School, Elizabeth Cobb Middle School, and Leon High School.

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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.
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Nearby Homes
Jessica Lowe-Minor
Listing Agent
Jessica Lowe-Minor
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Superior Realty Group LLC
(850) 788-0985