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Renovated Multifamily Property
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119 Cadiz St, Tallahassee, FL 32301

Multifamily property with in-unit laundry and recent improvements near three higher-education campuses.

Property SizeContact for details
Days on Market144

Property Features for 119 Cadiz St

General Information

Standard status Active
Property subtype Multifamily

Amenities

Washer and Dryer in all units
Ceiling Fans
Listing Agency: The Florida Senate
Listed By: Jared Willis · License #FL SL3312890
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:34AM

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 The Florida Senate

Investment Insights

Based on property information with market context.

This multifamily property at 119 Cadiz St includes spacious units equipped with washers, dryers, and ceiling fans. Recent improvements include the roof, painting, all HVAC systems, and all interiors, with the renovations completed within 5 years.

Residents are minutes from Florida State University, Florida A&M University, and Tallahassee Community College. Downtown, Midtown, and shopping are within one mile. Tenants pay electric and internet, while the landlord pays water and sewer.

Key Highlights

  • Renovations within 5 years include the roof, painting, 100% of HVAC, and 100% of interiors
  • Washer and dryer provided in all units
  • Spacious units with ceiling fans

Property Analytics

Current Use

La Mediterranean Apartments Apartment Building

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,492
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

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 - Multifamily property with in-unit laundry and recent improvements near three higher-education campuses.
Where is this multifamily property located?
The property is located at 119 Cadiz St Tallahassee, FL.
What are key features of this property?
This property features: Renovations within 5 years include the roof, painting, 100% of HVAC, and 100% of interiors; Washer and dryer provided in all units; Spacious units with ceiling fans
More about this property
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