Advertise
    Tallahassee, FL
    Apartment Building

    Tallahassee, FL Apartment Buildings for Sale

    Notify Me
    List
    Map
    Chattahoochee, FL Woodville, FL Quincy, FL Carrabelle, FL Callahan, FL Crawfordville, FL Baker, FL Midway, FL
    11 properties
    Sort:
    Updated 24-Unit Apartment Complex
    Updated: Jun 13
    Updated 24-Unit Apartment Complex

    2630-2670 W Pensacola St, Tallahassee, FL 32304

    $2,100,000
    15,576 sqft
    24‑unit apartment complex on W Pensacola St, built in 1970
    Unit mix includes 16 one‑bedroom, one‑bath units and 8 two‑bedroom, one‑bath units
    22 of the 24 units have been updated
    Several units are below market rent (value‑add potential based on current rents)
    West side location convenient to FSU, TSC, and FAMU
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2630-2670 W Pensacola St, Tallahassee, FL 32304

    View Property Analytics

    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $142K
      Annual

    • Price @ 7% Cap

      $2.03M
      Suggested
    View Property Analytics
    Student Housing Investment Opportunity
    Updated: Mar 13
    Student Housing Investment Opportunity

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000
    750 sqft 0.30 AC lot
    Prime location near Florida A&M University (FAMU), Downtown Tallahassee, and Governor's Square Mall, highly desirable for student renters.
    Turnkey investment opportunity with 12 of 13 units currently leased, providing immediate income.
    13‑unit apartment complex consisting of two renovated buildings being sold together.
    Unit mix includes twelve 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit.
    Onsite laundry facilities.
    View details
    Student Housing Apartment Complex
    Student Housing Apartment Complex

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000
    750 sqft 0.15 AC lot

    13-unit apartment complex near Florida A&M University.

    View details
    Renovated Student Housing Apartment Complex
    Renovated Student Housing Apartment Complex

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000

    Renovated 13-unit complex with onsite laundry and two buildings, with 12 units currently leased.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Tallahassee Boutique Multifamily Asset
    Tallahassee Boutique Multifamily Asset

    643 Kissimmee Street, Unit 18, Tallahassee, FL 32310

    $1,998,000
    5,800 sqft

    Fully renovated 8-unit multifamily property near universities.

    View details
    Renovated 13-Unit Student Housing
    Renovated 13-Unit Student Housing

    1533 S Bronough Street, Tallahassee, FL 32301

    $1,900,000

    Two renovated apartment buildings total 13 units, with 12 currently leased and onsite laundry facilities.

    View details
    Fully Renovated 8-Unit Multifamily
    Fully Renovated 8-Unit Multifamily

    643 Kissimmee Street, Tallahassee, FL 32310

    $1,998,000
    0.37 AC lot

    Eight fully renovated units feature 2 bedrooms, 1 bath, furnished interiors, and in-unit washer/dryers.

    View details
    Mixed-Use Development with Commercial Space
    Mixed-Use Development with Commercial Space

    3554 &3586 Austin Davis Avenue, Tallahassee, FL 32308

    $5,750,000

    Two connected parcels offer a mixed-use apartment building and an entitled development site with approved plans.

    View details
    Gated Multifamily Community with Pool
    Gated Multifamily Community with Pool

    2003 Bloomington Avenue, Tallahassee, FL 32304

    $1,120,000

    Eight-unit multifamily property in a gated community featuring multiple resident amenities and in-unit private bathrooms.

    View details
    Tallahassee Multifamily Investment Opportunity
    Tallahassee Multifamily Investment Opportunity

    2731 S Blair Stone Rd, Tallahassee, FL 32301

    $29,900,000
    200,600 sqft

    200-unit renovated apartment community in Tallahassee, Florida.

    View details
    8-Unit Boutique Multifamily Property
    8-Unit Boutique Multifamily Property

    1-8-643 Kissimmee St, Tallahassee, FL 32310

    $1,998,000

    Fully renovated 8-unit building offers furnished 2-bedroom units with in-unit laundry and individually metered utilities.

    View details
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 11 Active listings in Tallahassee, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey 8-Unit Apartment Complex
    Turnkey 8-Unit Apartment Complex

    808 W Main St., Perry, FL 32347

    $460,000

    Turnkey 8-unit apartment complex with all units occupied, comprising seven 1-bedroom units and one 2-bedroom unit.

    View details
    Multi Family
    Multi Family

    105 N 9th Street 6, Quincy, FL 32351

    $574,900
    5,400 sqft

    Apartment buildings · 5,400 SF

    View details
    Historic Quincy Building For Sale
    Historic Quincy Building For Sale

    115 W Clark Street, Quincy, FL 32351

    $290,000
    36,000 sqft 0.59 AC lot

    Historic downtown building suitable for warehouse, apartments, or storage.

    View details
    Updated Efficiency Apartment Complex
    Updated Efficiency Apartment Complex

    808 Main Street, Perry, FL 32347

    $535,000

    Newly updated 8-unit apartment complex with high occupancy history.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Lot in Treasure Island
    Waterfront Lot in Treasure Island

    141 104TH AVENUE, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Tallahassee, FL

    Consider similar Off-Market properties in Tallahassee, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1780 Hermitage Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1780 Hermitage Blvd, Tallahassee, FL 32308-7708

    $3,050,000
    Estimated value
    28,860 sqft 3.35 AC lot
    View details
    3101 Ginger Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    3101 Ginger Dr, Tallahassee, FL 32308-4437

    $9,145,000
    Estimated value
    58,499 sqft 5.00 AC lot
    View details
    4501 Shannon Lks Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    4501 Shannon Lks Dr, Tallahassee, FL 32309-2221

    $16,365,000
    Estimated value
    110,032 sqft 5.79 AC lot
    View details
    1980 Ctr Pointe Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1980 Ctr Pointe Blvd, Tallahassee, FL 32308-4873

    Value Estimation by Request
    21,705 sqft 3.91 AC lot
    View details
    2110 Fleischmann Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2110 Fleischmann Rd, Tallahassee, FL 32308-0562

    Value Estimation by Request
    70,044 sqft 6.29 AC lot
    View details
    119 Cadiz St
    Multifamily properties

    119 Cadiz St, Tallahassee, FL 32301

    Value Estimation by Request
    View details
    3208 Westgate Ct
    Retirement homes

    3208 Westgate Ct, Tallahassee, FL 32304

    Value Estimation by Request
    57,647 sqft
    View details
    1660 Kay Ave
    Multifamily properties

    1660 Kay Ave, Tallahassee, FL 32301

    Value Estimation by Request
    View details
    101 Glenview Dr
    Multifamily properties

    101 Glenview Dr, Tallahassee, FL 32303

    Value Estimation by Request
    16,523 sqft 1.20 AC lot
    View details
    2441 Wren Hollow Dr
    Multifamily properties

    2441 Wren Hollow Dr, Tallahassee, FL 32303

    Value Estimation by Request
    0.98 AC lot
    View details
    112 Tennessee St
    Multifamily properties

    112 Tennessee St, Tallahassee, FL 32301

    Value Estimation by Request
    2.00 AC lot
    View details
    510 Kissimmee St
    Multifamily properties

    510 Kissimmee St, Tallahassee, FL 32310

    Value Estimation by Request
    5,150 sqft 0.18 AC lot
    View details

    Tallahassee, FL Apartment Buildings Market Trends and Statistics

    Explore 23 apartment buildings for sale in Tallahassee, FL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 223,476 square feet of properties for sale, with an estimated market value of $37,798,000.

    Sale prices for two-family homes in Tallahassee, FL start at $1,900,000, averaging $7,559,600, and reaching up to $29,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 295K
    Population Growth (5Y) +0.9%
    Median Household Income $70,585
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

    Identify Tallahassee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32303 $400K
    32311 $1.7M
    32304 $1.7M
    32310 $1.7M
    32308 $5M

    Taxes & Financing

    Tax Rate (average for all types) 1.79%
    Property Tax per SF $27.32 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Leon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Tallahassee fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Tallahassee, FL

    Popular Categories

    Most Searched ZIP Codes in Tallahassee, FL

    • 32301
    • 32310
    • 32304
    • 32308

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!