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    Renovated Multifamily Asset Near Universities Title is generated by Realmo AI

    643 Kissimmee Street, Tallahassee, FL 32310

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    For Sale
    $1,998,000

    MULTI_FAMILY - Tallahassee, FL

    Lot size:
    0.37 Acres
    Added:
    May 16, 2026
    Days on Market:
    8
    Last Refresh:
    May 23 at 1:06 am

    Property Features for 643 Kissimmee Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    16
    Security features
    Security
    Fencing
    Fenced
    Standard status
    Active
    APN
    12073-41-01-56- C-010-0
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6828

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Number of units
    8
    Flooring type
    Concrete
    Building materials
    Block, Concrete

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    Listing Contact
    Dalton Arroyo

    Listing agent Dalton Arroyo License #3602076

    Listing office Vacant Solutions LLC 2040 Delta Way, Tallahassee, FL

    Listing date May 16, 2026

    MLS# 400012

    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.

    HighLights

    • Fully renovated 8‑unit multifamily property, ideal for a passive, long‑term hold with zero deferred maintenance.
    • Each unit is fully furnished with 2 bedrooms, 1 bath, modern finishes including quartz countertops, stainless steel appliances, and LVP flooring, plus in‑unit washer/dryers.
    • New roof, HVAC, plumbing, and electrical systems.
    • Located in Tallahassee's university corridor, offering unmatched proximity to Florida A&M University, Florida State University, CollegeTown, Railroad Square, and Downtown Tallahassee.
    • Individually metered utilities for each unit.
    • Projected annual gross scheduled rent of approximately $153,120 at full stabilization with projected rents of $1,595/unit.

    Overview

    Located at 643 Kissimmee Street in Tallahassee, Florida, this is a fully renovated 8-unit boutique multifamily asset. The property features 8 fully furnished units, each with 2 bedrooms and 1 bath, modern finishes including quartz countertops, stainless steel appliances, LVP flooring, and in-unit washer/dryers. Utilities are individually metered. The property has a new low-slope roof, HVAC, plumbing, and electrical systems. Situated in Tallahassee's university corridor, the property is near Florida A&M University, Florida State University, CollegeTown, Railroad Square, and Downtown Tallahassee. The property sits on a 0.37-acre lot. It is currently undergoing lease up with projected rents of $1,595 per unit, supporting a projected annual gross scheduled rent of approximately $153,120 at full stabilization. This property is suited for 1031 exchange buyers or private portfolios seeking turnkey, optimized yield in a student housing market.
    Property Profile Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.293574
    Latitude
    30.422462

    FAQs

    What type of property is this?
    Apartment building - Fully renovated 8-unit multifamily property near universities in Tallahassee, Florida.
    Where is this apartment building located?
    The property is located at 643 Kissimmee Street Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: Fully renovated 8‑unit multifamily property, ideal for a passive, long‑term hold with zero deferred maintenance.; Each unit is fully furnished with 2 bedrooms, 1 bath, modern finishes including quartz countertops, stainless steel appliances, and LVP flooring, plus in‑unit washer/dryers.; New roof, HVAC, plumbing, and electrical systems.
    More about this property
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