516 E 7th Ave Tallahassee, FL 32303
Midtown NeighborhoodEstimated payment $2,875/month
Highlights
- Deck
- Traditional Architecture
- Fireplace
- Leon High School Rated A
- Wood Flooring
- Walk-In Closet
About This Home
OPEN HOUSE TODAY SATURDAY 11/15 from 12-3! Best investment and house is midtown! Charming Midtown Split-Level with Income Potential! This makes a great Multi-Family home as well! This beautifully maintained all-brick home is right in the heart of Midtown, just a short walk to dinner, drinks, and nearby parks! The unique split-level design features two private entrances and two kitchens, offering flexibility for an Airbnb, rental income, or multi-generational living. The main level boasts an inviting open layout with 2 bedrooms, a full bath, an office, and gorgeous hardwood floors throughout. Downstairs, you’ll find a fully renovated in-law suite with exposed brick accents, a spacious L-shaped studio layout, a full bathroom, and its own kitchen and living area.The lower level has been successfully rented on Airbnb, generating over $1,000/month in extra income! A lockable interior door connects the two levels, providing privacy when needed. Additional highlights include: New HVAC & Water Heater (2018) NEW Roof in 04/2019 Basement storage, attic space, and a shed Plenty of parking behind the home with a shared driveway entrance Solid all-brick construction with timeless charm Whether you’re looking for a stylish Midtown home, an income-producing property, or both — this one has it all!
Home Details
Home Type
- Single Family
Year Built
- Built in 1942
Parking
- Driveway
Home Design
- Traditional Architecture
- Split Level Home
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,962 Sq Ft Home
- 2-Story Property
- Fireplace
- Utility Room
- Washer
- Basement
- Crawl Space
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Kate Sullivan Elementary School
- Raa Middle School
- Leon High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
Additional Features
- Deck
- 9,583 Sq Ft Lot
Community Details
- Edgewood Addition Subdivision
Listing and Financial Details
- Legal Lot and Block 14 / O
- Assessor Parcel Number 12073-11-30-42-000-014-0
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,079 | $316,490 | $90,000 | $226,490 |
| 2024 | $5,748 | $298,789 | $80,000 | $218,789 |
| 2023 | $5,523 | $285,418 | $75,000 | $210,418 |
| 2022 | $4,899 | $260,817 | $65,000 | $195,817 |
| 2021 | $4,702 | $244,951 | $60,000 | $184,951 |
| 2020 | $4,449 | $235,284 | $60,000 | $175,284 |
| 2019 | $4,339 | $226,998 | $60,000 | $166,998 |
| 2018 | $2,912 | $192,720 | $0 | $0 |
| 2017 | $2,873 | $188,756 | $0 | $0 |
| 2016 | $2,842 | $184,874 | $0 | $0 |
| 2015 | $2,376 | $183,589 | $0 | $0 |
| 2014 | $2,376 | $159,913 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $450,000 | +125.0% | $229 / Sq Ft | |
| 12/10/2014 12/10/14 | Sold | $200,000 | -11.1% | $97 / Sq Ft | View Prior Sale |
| 10/27/2014 10/27/14 | Pending | -- | -- | -- | |
| 06/11/2014 06/11/14 | For Sale | $225,000 | -- | $109 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $272,500 | Tallahassee Title Group Llc | |
| Warranty Deed | $200,000 | North Florida Title Company | |
| Warranty Deed | $295,000 | -- | |
| Warranty Deed | $220,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $198,000 | No Value Available |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 393134
APN: 11-30-42-000-014.0
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