8-Unit Boutique Multifamily Property

1-8-643 Kissimmee St, Tallahassee, FL 32310

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For Sale

$1,998,000

Fully renovated 8-unit building offers furnished 2-bedroom units with in-unit laundry and individually metered utilities.

HighLights

Fully renovated 8‑unit boutique multifamily property at 643 Kissimmee Street in Tallahassee, FL
All 8 units are furnished 2BR/1BA with in‑unit washer/dryers and modern finishes (quartz counters, stainless appliances, LVP flooring)
Individually metered utilities for each unit
Brand‑new roof plus HVAC, plumbing, and electrical systems installed as part of a down‑to‑the‑studs renovation
Currently undergoing lease‑up with projected rents of $1,595 per unit and projected annual gross scheduled rent of approx. $153,120 at stabilization

We can help!

Listing Contact

Dalton Arroyo

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For Sale

$1,998,000

Fully renovated 8-unit building offers furnished 2-bedroom units with in-unit laundry and individually metered utilities.

Added:: May 16, 2026
Days on Market:: 38
Last Refresh:: Jun 22 at 2:10 am

Property Features for 1-8-643 Kissimmee St

General Information

Standard status: Active

We can help!

Listing Contact

Dalton Arroyo

Listing agent Dalton Arroyo License #3602076

Listing office Vacant Solutions LLC

Listing date May 16, 2026

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Vacant Solutions LLC

HighLights

Fully renovated 8‑unit boutique multifamily property at 643 Kissimmee Street in Tallahassee, FL
All 8 units are furnished 2BR/1BA with in‑unit washer/dryers and modern finishes (quartz counters, stainless appliances, LVP flooring)
Individually metered utilities for each unit
Brand‑new roof plus HVAC, plumbing, and electrical systems installed as part of a down‑to‑the‑studs renovation
Currently undergoing lease‑up with projected rents of $1,595 per unit and projected annual gross scheduled rent of approx. $153,120 at stabilization

Overview

Ashoka is a fully renovated 8-unit boutique multifamily property in Tallahassee, presented as a true down-to-the-studs renovation with no deferred maintenance. The building provides eight furnished units, each configured as 2 bedrooms and 1 bath, with modern finishes that include quartz countertops, stainless steel appliances, and LVP flooring. Residents also benefit from in-unit washer and dryer hookups, and each unit has individually metered utilities. The property has undergone extensive improvements, including a brand-new low-slope roof, HVAC, plumbing, and electrical systems.

The asset is located at 643 Kissimmee Street and positioned in Tallahassee’s university corridor. The offering notes proximity to Florida A&M University, Florida State University, CollegeTown, Railroad Square, and Downtown Tallahassee.

For buyers seeking a turnkey, renovated apartment building, Ashoka’s unit and systems updates are designed to reduce near-term capital maintenance concerns. With lease-up currently underway, the seller cites projected rents and a projected annual gross scheduled rent at full stabilization; all figures are subject to buyer verification and due diligence. The offering memorandum and digital media package are available upon request.

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City: Tallahassee
County: Leon
State: Florida
Longitude: -84.291097
Latitude: 30.422342

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For sale
Apartment buildings
FL
Tallahassee
32310
1-8-643 Kissimmee St

What type of property is this?

Apartment building - Fully renovated 8-unit building offers furnished 2-bedroom units with in-unit laundry and individually metered utilities.

Where is this apartment building located?

The property is located at 1-8-643 Kissimmee St 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 boutique multifamily property at 643 Kissimmee Street in Tallahassee, FL; All 8 units are furnished 2BR/1BA with in‑unit washer/dryers and modern finishes (quartz counters, stainless appliances, LVP flooring); Individually metered utilities for each unit