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Renovated 13-Unit Apartment Buildings
For Sale
$1,900,000

1533 S Bronough Street, Tallahassee, FL 32301

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market196

Property Features for 1533 S Bronough Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 3, Bedroom 7, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 4
Parking features Assigned
Interior features WalkInClosets
Appliances Dishwasher, Microwave, Range, Refrigerator
Subdivision Morrill Heights
Elementary school BOND
Middle school NIMS
High school LEON
Directions S. Adams, right on W. Palmer Avenue. Google Maps
Standard status Active
APN 12073-41-01-54-000-001-0

Utilities

Heating system Central
Cooling system Central Air

Amenities

onsite laundry facilities

Building Details

Floors in Building 1
Number of units 7
Flooring type Laminate
Building materials Block, Concrete, Stucco
Architectural style Other
Listing Agency: Thomas Lynne Realty Group, LLC
Listed By: Patrick Hancock · License #3413786
Added: Mar 12 Changed: Sep 17 Last Checked: Sep 22 at 11:06PM
MLS# 397249

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This multifamily property includes two renovated, two-story apartment buildings with 13 units combined. The configuration comprises twelve two-bedroom, one-bath apartments of approximately 750 square feet and one one-bedroom, one-bath apartment of approximately 600 square feet. Twelve units are leased, while one two-bedroom apartment is available. Onsite laundry, assigned parking, walk-in closets, dishwashers, microwaves, ranges, and refrigerators support the residential setup. Construction includes block, concrete, and stucco, with laminate flooring throughout the units and central heating and cooling.

The property is located at 1533 S Bronough Street in Tallahassee, near Florida A&M University, Downtown Tallahassee, and Governor’s Square Mall. Its location also places residents near employment, retail, and campus destinations. The current unit mix and two-building layout provide a clearly defined apartment asset with student-oriented proximity to FAMU.

Key Highlights

  • 13 units across two renovated, two‑story apartment buildings
  • Unit mix includes twelve 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Twelve of thirteen units are leased; one 2/1 unit is available

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Electrical Service Storage Facility Kitchen & Bath Showroom Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

1,341
Businesses Nearby

Demographics for 32301, FL

29,686
Population
17,029
Households
1.7
Avg Household Size
32
Median Age
45%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
2,910
Density / Sq Mi
$50,412
Median Household Income
$34,271
Median Earnings
$1,200
Median Rent
$211,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated two-story buildings offer onsite laundry, assigned parking, and central heating and cooling.
Where is this apartment building located?
The property is located at 1533 S Bronough Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 13 units across two renovated, two‑story apartment buildings; Unit mix includes twelve 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Twelve of thirteen units are leased; one 2/1 unit is available
More about this property
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