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Five-Unit Multifamily Property

480 S JEFFERSON Street Monticello, FL 32344

480 S JEFFERSON Street, Monticello, FL, 32344
$364,900
For Sale
$364,900

MULTI_FAMILY - Other - Monticello, FL

Days on Market63

Property Features for 480 S JEFFERSON Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 3
Parking features
Carport
Patio and Porch features
Patio
Appliances
Microwave, Range, Refrigerator, WasherDryer
Standard status
Active

Taxes and HOA fees

Tax Annual Amount
4050

Utilities

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

Building Details

Year built
1920
Floors in Building
1
Number of units
4
Flooring type
Carpet
Building materials
Frame, VinylSiding
Architectural style
Other
Listing agency Keller Williams Town & Country
Listed by Chip Williams · License #3144939
Added: May 21 Updated: Jul 21 at 4:08AM Checked: Jul 22 at 10:06PM
MLS# 400229

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 five-unit multifamily property offers a mix of occupied and vacant units, with a total of 6 bedrooms and 5 bathrooms across the building. Three units are currently occupied, providing immediate rental income, while the two vacant units are both 1-bedroom, 1-bath layouts and require updating and repairs to be made rent-ready.

The property is located in Monticello, in-town and close to local businesses, shopping, dining, and convenient interstate access.

For buyers seeking a straightforward value-add scenario, the vacant units provide an opportunity for renovations to improve readiness and overall performance.

Key Highlights

  • 5‑unit investment property in the heart of Monticello; 3 units currently occupied and 2 units vacant
  • Two vacant units are 1‑bedroom, 1‑bath units and will need updating and repairs to become rent‑ready
  • Total layout includes 6 bedrooms and 5 bathrooms across the 5 units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Keystone County Apartments Apartment Building

Suggested Use

Electrical Service Kitchen & Bath Showroom Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center HVAC Service Building Supply Butcher Grocery & Convenience Store

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

FAQs

What type of property is this?
Apartment building - Five residential units with 3 occupied and 2 vacant 1-bedroom/1-bath units requiring updates and repairs.
Where is this apartment building located?
The property is located at 480 S JEFFERSON Street Monticello, FL.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: 5‑unit investment property in the heart of Monticello; 3 units currently occupied and 2 units vacant; Two vacant units are 1‑bedroom, 1‑bath units and will need updating and repairs to become rent‑ready; Total layout includes 6 bedrooms and 5 bathrooms across the 5 units
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