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    837 Park Ave Tallahassee, FL 32301

    For Sale
    $274,500

    Downtown Tallahassee Office/Residential

    Property size:
    954 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This charming 1930s cottage, located at 837 E Park Avenue Unit 837 in Tallahassee, Florida's historic district, presents a unique investment opportunity. The 954-square-foot property sits on a 0.23-acre lot and is zoned for both office and residential use, offering flexibility for a variety of purposes. Currently used as a residential rental, the property boasts beautiful hardwood floors, built-in features, and dental molding, reflecting its classic character. Plantation shutters grace the windows throughout. The updated bathroom features a freestanding tub, adding a touch of modern convenience to the historic charm. A washer and dryer may convey with the sale. Recent upgrades include a new roof (2018), hot water heater (2020), and HVAC system (2015), ensuring peace of mind for the new owner. The low-density zoning adds to the property's appeal, offering a tranquil setting within the vibrant downtown area. This property is tenant-occupied. Priced at $274,500, this is a rare chance to own a piece of Tallahassee's history and capitalize on its versatile zoning. Don't miss this opportunity to live or work in this downtown gem.

    Property Features for 837 Park Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    954 SF
    Lot Size
    10,019 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Florida Impact Association Or Organization

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.26814
    Latitude
    30.44128

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Tallahassee Office/Residential
    Where is this commercial real estate located?
    The property is located at 837 Park Ave Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $274,500.
    (850) 222-3075
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    837 Park Ave Tallahassee, FL 32301
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    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
    837 Park Ave Tallahassee, FL 32301
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