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Lake Ella Home for Sale

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    $649,000

    • 5 Beds
    • 3 Baths
    • 2,748 Sq Ft

    231 E 5th Ave, Tallahassee, FL 32303

    Beautifully constructed 2700+ square foot building conveniently located on 5th Ave in the heart of Midtown. Walk to shops, restaurants, night-life and more. This building is currently acting as a commercial office but could be easily converted to a wonderful home. Whether you want a central office space or a home in the hottest part of town, this is your opportunity. Hardwood floors throughout,

    Fincher Smith Frog Real Estate Company, LLC

    231 E 5th Ave, Tallahassee, FL 32303

Frequently Asked Questions

Is Lake Ella a good place to live?
Lake Ella is a good place to live. Lake Ella is considered fairly walkable and bikeable with some transit options. Lake Ella is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lake Ella has 5 parks for recreational activities. It is fairly sparse in population with 3.1 people per acre and a median age of 36. The average household income is $71,462 which is below the national average. College graduates make up 65.4% of residents. A majority of residents in Lake Ella are renters, with 65% of residents renting and 35% of residents owning their home. A local real estate agent serving Lake Ella can help you decide if this neighborhood is the right one for you. Learn more on our Lake Ella neighborhood guide.
Is Lake Ella, FL a safe neighborhood?
Lake Ella, FL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lake Ella?
The median home price in Lake Ella is $587,500. If you put a 20% down payment of $117,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,900 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $124K a year to afford the median home price in Lake Ella. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lake Ella is $71K.
What are the best public schools in Lake Ella?
The best public schools that serve Lake Ella are:
What are the best private schools in Lake Ella?
The best private schools that serve Lake Ella are:
What are the most popular zip codes in Lake Ella, Tallahassee, FL?
The most popular zip codes in Lake Ella, Tallahassee, FL include 32303, 32301, 32308, 32304 and 32312.
What are the most popular neighborhoods near Lake Ella, Tallahassee, FL?
The most popular neighborhoods near Lake Ella, Tallahassee, FL are Levy Park, Midtown, Lafayette Park, Governor's Walk and North Tallahassee.

Home Trends in Lake Ella, FL

Housing Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$622,500
Median Townhouse Sale Price
$295,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
1
Last 12 months Home Sales
5
Months of Supply
2.40
Median List Price
$587,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
9%
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