Multi-Family
4.67 Acre Tallahassee Redevelopment
1131 Kissimmee St, Tallahassee, FL 32310
Listing Price: $2,500,000
Lot Size
4.67 acres
Price/Acre
$535,332
Land Type
Redevelopment
Investment Overview
4.67-acre Tallahassee redevelopment located 1.2 miles from FSU (45,493 students).
Investment Highlights
- Zoning Allows For Up To 220 Multifamily Units and 5 Story Max Height
- Other Allowable Land Uses Include Retail, Bank, Hotel, Medical, Office, and Self Storage
- Property Currently Has In Place Monthly Gross Income of $5,800
- Tenants In Place Include Single Family Homes and Automotive Businesses. All Tenants MTM
- Property Is In An Opportunity Zone
- On the Corner of Lake Bradford Rd (16,600 AADT) and Kissimmee St (6,500 AADT)
- Prime Location Between FSU, FAMU, Tallahassee International Airport, and Florida State Capitol
- 1.2 Miles From FSU (45,493 Students) Florida State is the Oldest, Continuous Site of Higher Education in Florida. Main Campus Totals 485+ Acres and Offers Over 600 Student Organizations
Exclusively Listed By
Financing By
Listing Price: $2,500,000
Lot Size
4.67 acres
Price/Acre
$535,332
Land Type
Redevelopment
Investment Highlights
- Zoning Allows For Up To 220 Multifamily Units and 5 Story Max Height
- Other Allowable Land Uses Include Retail, Bank, Hotel, Medical, Office, and Self Storage
- Property Currently Has In Place Monthly Gross Income of $5,800
- Tenants In Place Include Single Family Homes and Automotive Businesses. All Tenants MTM
- Property Is In An Opportunity Zone
- On the Corner of Lake Bradford Rd (16,600 AADT) and Kissimmee St (6,500 AADT)
- Prime Location Between FSU, FAMU, Tallahassee International Airport, and Florida State Capitol
- 1.2 Miles From FSU (45,493 Students) Florida State is the Oldest, Continuous Site of Higher Education in Florida. Main Campus Totals 485+ Acres and Offers Over 600 Student Organizations
Investment Overview
4.67-acre Tallahassee redevelopment located 1.2 miles from FSU (45,493 students).
Exclusively Listed By
Financing By

