Address3117 Parklawn St, Tallahassee, FL, 32304

Price$1,950,000

  • Commercial
  • Built in 2019

Great opportunity to purchase a solid income producing 15-unit apartment complex with upside!! This 2.84 Acre property includes 12 detached buildings with the potential to build additional units. Current Cap rate 8.7% plus owners unit rented would deliver an above 9.2% cap. Main house is subdivided which includes (4)-1/1 units. Situated only 3 miles from FSU College of Medicine, the location is convenient for FSU faculty/staff as well as for professionals.

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Essential Information

  • MLS® #RX-10995144
  • Price$1,950,000
  • Taxes$9,418 (2023)
  • Acres2.84
  • Year Built2019
  • TypeCommercial
  • Sub-TypeIncome
  • StatusActive

Community Information

  • Address3117 Parklawn St
  • Area5940
  • CityTallahassee
  • CountyLeon
  • StateFL
  • Zip Code32304

Style

Resident. Multi-Fam., Other

Appliances

Building and Land, Fixtures

Cooling

Wall-Win A/C, Central Building

Amenities

  • UtilitiesCable, 3-Phase Electric

Interior

  • HeatingCentral, Other
  • # of Stories12

Exterior

  • Lot Description15 units
  • RoofComp Shingle

Additional Information

  • Days on Website22
  • ZoningOR-3

Listing Details

  • OfficeRealty One Group Engage
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Price Change History for 3117 Parklawn St, Tallahassee, FL (MLS® #RX-10995144)

Date Details Change
Status Changed from New to Active –
Community Listings

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