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Two-Home Multifamily Property
For Sale
$325,000

603/605 E Seaboard Street, Tallahassee, FL 32301

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market317

Property Features for 603/605 E Seaboard Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3
Subdivision PALMERS ADDITION EAST
Elementary school HARTSFIELD
Middle school COBB
High school RICKARDS
Directions From Lafayette near Cascades Park turn on melvin, turn left on seaboard
Standard status Active
APN 12073-11-31-80-000-017-0

Taxes and HOA fees

Tax Annual Amount 4641

Utilities

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

Building Details

Year built 1991
Floors in Building 1
Number of units 2
Flooring type Concrete
Building materials VinylSiding
Architectural style Other
Listing Agency: Bert Pope Realty, LLC
Listed By: Bert Pope · License #3185584
Added: Nov 7, 2025 Changed: Sep 16 Last Checked: Sep 20 at 11:06AM
MLS# 392990

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 comprises two separate homes at 603 E. Seaboard Street and 605 E. Seaboard Street. The first residence contains 3 bedrooms and 2 bathrooms; the second provides 2 bedrooms and 1 bathroom. Both homes feature vinyl siding, concrete flooring, central air conditioning, electric service, ceiling fans, and heat-pump heating. Prior Four-Point Inspection reports are available for buyer review.

The property is adjacent to more than 60 acres of city parks, including Cascades Park and Myers Park. Myers Park Pool is 600 feet away, while nearby recreation includes lakes, walking trails, tennis courts, and baseball fields. Restaurants, shopping, and downtown entertainment are within a quarter mile.

Key Highlights

  • Two separate homes at 603 E. Seaboard Street and 605 E. Seaboard Street
  • 603 E. Seaboard Street: 3 bedrooms, 2 bathrooms, built in 1984
  • 605 E. Seaboard Street: 2 bedrooms, 1 bathroom, built in 1991

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Plumbing Service Pet Grooming Service Electrical Service Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,453
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
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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?
Multifamily property - Two separate residences offer flexible occupancy and rental use near parks, recreation, restaurants, shopping, and downtown amenities.
Where is this multifamily property located?
The property is located at 603/605 E Seaboard Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two separate homes at 603 E. Seaboard Street and 605 E. Seaboard Street; 603 E. Seaboard Street: 3 bedrooms, 2 bathrooms, built in 1984; 605 E. Seaboard Street: 2 bedrooms, 1 bathroom, built in 1991
More about this property
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