- – beds
- – baths
- 5,206 sqft
- $115 per sqft
- 1947 build
- – on site
Unmatched opportunity just steps from campus! Multi-Family consisting of 14 bedrooms and plumbing currently set for up to 7 bathrooms, making this an investors dream with major potential. Based on an appraisal dated 5/2024, the ARV was 1.32 million. 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.
Last checked:
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Last updated Jun 30, 2025
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MLS# 388040 —
The Building
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Year Built:1947
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Architectural Style:TwoStory
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# of Units Total:14
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Construction Materials:Brick,Block,Frame,Concrete
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Building Area Total:5206.0
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Building Area Source:Assessor
Interior
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Flooring:Wood
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Fireplace:true
Financial & Terms
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Lease Considered:false
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Rent Includes:Other
Location
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Directions:From Capital, S on S Monroe, rt on E Palmer, lft on S Adams, R on Young St
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Latitude:30.422396
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Longitude:-84.282898
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Parcel Number:12073-41-01-44- J-006-0
Listing Agent
- Contact info:
- Agent phone:
- (850) 980-3029
- Office phone:
- (850) 201-4663
Taxes
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Tax Lot:6
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Tax Annual Amount:5259.0
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central,Electric,Wood
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Heating:true
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Cooling:CentralAir,Electric
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Cooling:true
Schools
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Elementary School:BOND
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Middle Or Junior School:NIMS
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High School:LEON
The Community
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Subdivision Name:FLORIDA A & M
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Pool Private:false
Parking
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Parking Features:OnStreet,VariesByUnit
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/30/25
Jun 30, 2025
|
Listed / Active | CATRS | $600,000 |