Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1550 Kay Ave, Unit 3 Tallahassee, FL 32301

    For Sale
    $475,000

    MULTI_FAMILY - Other - Tallahassee, FL

    Days on Market:
    14
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1550 Kay Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 5
    Bedrooms
    6
    APN
    12073-31-08-75- B-003-2
    Parking features
    Assigned
    Appliances
    Microwave, Range, Refrigerator, WasherDryer

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    3
    Flooring type
    Clay, Tile, Vinyl
    Building materials
    Block, FiberCement, Concrete
    Architectural style
    Other

    Paul Lizet Realty Group, LLC (850) 792-4060

    Listing agent Robyn P Yant (850) 792-4060 License #3351084

    Listing date Nov 22, 2025

    MLS# 393523 Listing URL

    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

    Tallahassee Triplex with Garage

    This three-unit building includes the rare bonus of two one-car garages for two of the units. Additionally, two units feature two full bathrooms. Each unit has a private entrance. All three units have recent updates, including large bedrooms and large closets. The annual gross income is currently $49,200. The property is located in a high-demand, convenient area close to shopping, dining, schools, the VA hospital, and major commuter routes, attracting quality tenants and offering steady income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.250653
    Latitude
    30.413428

    Nearby Similar for Sale

    • $589,000
      0.17 Acres

      Tallahassee Commercial Building For Sale

      Two-story commercial building in Tallahassee, offering investment or owner-user opportunity.
      1355 E Lafayette St, Tallahassee, FL 32301
      View Details
    • New
      $595,000

      Student Housing Investment Opportunity

      Two properties near FSU, TCC, and TSC with strong rental history.
      105 Columbia Dr, Tallahassee, FL 32304
      View Details
    • $599,000
      0.33 Acres

      Tallahassee Office Building For Sale

      2,852 sq ft office building near downtown Tallahassee.
      1100 E Park Ave, Tallahassee, FL 32301
      View Details
    • $550,000

      Income-Producing Property on 10.52 Acres

      10.52-acre income property with homes and mobile homes.
      11350 Granny Ln, Tallahassee, FL 32305
      View Details
    • $950,000
      0.49 Acres

      Midtown Tallahassee Commercial Building For Sale

      Versatile commercial property in Midtown Tallahassee suitable for various business models.
      250 E 6Th Ave, Tallahassee, FL 32303
      View Details
    • $375,000
      0.17 Acres

      Tallahassee Historic Office Opportunity

      Charming 1926 building near Capitol and Leon County Library.
      128 N Bronough St, Tallahassee, FL 32301
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit building with garages and updated interiors in Tallahassee.
    Where is this triplex located?
    The property is located at 1550 Kay Ave, Unit 3 Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Annual gross income of $49,200 provides steady income potential.; - High-demand, convenient location near shopping, dining, schools, VA hospital, and major commuter routes.; - Rare bonus of 2 - one car garages for two of the units.
    (850) 792-4060
    Request Owner's contact information
    1550 Kay Ave, Unit 3 Tallahassee, FL 32301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1550 Kay Ave, Unit 3
    Tallahassee, FL 32301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1550 Kay Ave, Unit 3 Tallahassee, FL 32301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.