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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

Multi-Family

4.67 Acre Tallahassee Redevelopment

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

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