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    1272 Ocala Rd, Unit unit A B C Tallahassee, FL 32304

    Picture of Triplexes at Ocala Rd 1272, Tallahassee, FL
    For Sale
    $550,000

    MULTI_FAMILY - Other - Tallahassee, FL

    Days on Market:
    73
    Last Refresh:
    Dec 6 at 2:06 am

    Property Features for 1272 Ocala Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 7, Bedroom 11, Bedroom 7, Bedroom 9, Bathroom 8, Bathroom 9, Bedroom 1, Bedroom 8, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bathroom 6, Bedroom 6, Bathroom 2, Bathroom 5, Bedroom 10, Bedroom 12
    Bedrooms
    12
    APN
    12073-21-27-17-000-004-1
    Parking features
    Assigned
    Appliances
    Dryer, Dishwasher, Range, Refrigerator, Washer

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Central
    Cooling system
    Ceiling Fan(s), Heat Pump, Central Air, Electric

    Building Details

    Year built
    1995
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Tile, Clay
    Building materials
    VinylSiding
    Architectural style
    Other

    ROI Realty LLC (303) 905-4195

    Listing agent Erika Robinson (303) 905-4195 License #3321733

    Listing date Sep 25, 2025

    Copyright © 2025 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Triplex Near Universities

    This fully leased triplex generates $4,200 per month, totaling $50,400 annually. The property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. A new roof was installed in 2016. The property is located near Tallahassee Community College (TCC), Florida State University (FSU), Florida A&M University (FAMU), shopping areas, and major bus routes, making it desirable to both students and workforce tenants. The property is located in Tallahassee, Florida. The property is intended for use as an investment property. There is potential to increase rents and boost returns, as Tallahassee rents have historically trended upward 2-3% annually. The potential cap rate is 7.49%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.318195
    Latitude
    30.456728

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    FAQs

    What type of property is this?
    Triplex - Fully leased triplex near universities, generating steady income.
    Where is this triplex located?
    The property is located at 1272 Ocala Rd, Unit unit A B C Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Fully leased triplex generating $4,200/month ($50,400 annually).; - Potential 7.49% cap rate.; - Located near TCC, FSU, FAMU, shopping, and major bus routes.
    (303) 905-4195
    Request Owner's contact information
    1272 Ocala Rd, Unit unit A B C Tallahassee, FL 32304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1272 Ocala Rd, Unit unit A B C Tallahassee, FL 32304
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