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Student Housing 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 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bathroom 3, Bedroom 8, 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 12073-41-01-54-000-005-0

Utilities

Heating system Central
Cooling system Central Air

Amenities

on-site laundry

Building Details

Floors in Building 1
Number of units 6
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# 397251

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 13-unit student housing property includes two renovated, two-story apartment buildings offered together, with seven units in one building and six in the other. The unit mix comprises twelve 2-bedroom/1-bath apartments of approximately 750 square feet and one 1-bedroom/1-bath apartment of approximately 600 square feet. Twelve units are leased, while one 2-bedroom/1-bath unit is available. Interior features include laminate flooring and walk-in closets, while kitchens are equipped with dishwashers, microwaves, ranges, and refrigerators. Central heating and central air conditioning serve the buildings, which also include onsite laundry facilities and assigned parking.

Located at 1533 S Bronough Street in Tallahassee, the property is near Florida A&M University, Downtown Tallahassee, and Governor's Square Mall. Its proximity to campus, employment, retail, and downtown destinations supports its student-oriented residential use.

Key Highlights

  • 13‑unit student housing property across two renovated, two‑story buildings
  • Building configuration includes 7 units and 6 units
  • Unit mix: twelve 2‑bedroom/1‑bath units at approximately 750 sq. ft. and one 1‑bedroom/1‑bath unit at approximately 600 sq. ft.

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 - Two-story renovated buildings near Florida A&M University offer onsite laundry, assigned parking, and central HVAC.
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‑unit student housing property across two renovated, two‑story buildings; Building configuration includes 7 units and 6 units; Unit mix: twelve 2‑bedroom/1‑bath units at approximately 750 sq. ft. and one 1‑bedroom/1‑bath unit at approximately 600 sq. ft.
More about this property
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