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302 Vantage Point Lane # Apt 16, 17, 18 Tallahassee, FL $ 1,625,000
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302 Vantage Point Lane # Apt 16, 17, 18
$ 1,625,000
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302 Vantage Point Lane # Apt 16, 17, 18

Tallahassee, FL, 32301
$ 1,625,000
Baths0.0 Sq 11,040

Monthly Estimate*

$ 11,351

302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL 32301 - Image 1
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302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL 32301 - Image 5
302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL 32301 - Image 6
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302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL 32301 - Image 8
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Studio

Multi-Family Home for sale in Tallahassee, FL

for $1,625,000. This 11,040 square foot home was built in 1978.

Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This is a package of 5 triplex totaling 15 units. They are 5 separate parcels. This listing offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000 - $1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Two Story

Year Built

1978

Town/City

Tallahassee

County/Region

Leon

MLS | Web ID

367831
Features
General
Heating Central Electric
Cooling CentralAir CeilingFans Electric
Possession Negotiable
Appliances Dryer Dishwasher Disposal Range Refrigerator Washer
Exterior Features Deck
HOA 0.0
Patio/Porch Features Deck
Architectural Style TwoStory
Construction Materials Frame
Year Built 1978
Unit Number Apt 16 17 18
Property SubType MultiFamily
County Leon
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Vantage Point Unrec
Garage Y/N N
Rent Includes Gardener
Status Active
Directions Magnolia to Hays Street (West side of Magnolia) right on on Smith Street Right on Vantage Point Ln
High School LEON
City TALLAHASSEE
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
Total Units 15
MLS Area NE-01
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Vantage Point
Listing Terms Cash Conventional
Elementary School HARTSFIELD
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School COBB
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Standard Status Active
Tax Lot 12
Property Sub Type Additional MultiFamily
Buyer Agent Compensation Type Item1
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Interior
Flooring Carpet Other Vinyl Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Lane
Electric On Property Y/N N
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Exterior
Parking Features OnStreet
Spa N
Building Area Total 11040.0
Lot Dimensions 205x77x205x77
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 302
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* Excluded Features
List By
The Naumann Group Real Estate

Broker

Affordability Calculator

$11,351
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,351
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3571031 Elementary School
3218691 Middle School
Leon High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/26/2024$1,625,000 Listed Price

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302 Vantage Point Lane # Apt 16, 17, 18, Tallahassee, FL, 32301 is a Multi-Family Home for sale at $1,625,000 with 11,040 sqft. 302 Vantage Point Lane # Apt 16, 17, 18 is a studio with 0.0 baths and was built in 1978. The property's zip code is 32301 which is in Tallahassee, FL

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