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Gated Student Townhome Community
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1339 Hancock St, Tallahassee, FL 32304

Fourteen 3-bedroom, 3-bath townhomes in a gated student housing community built in 2011.

Property SizeContact for details
Days on Market122

Property Features for 1339 Hancock St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 14

Amenities

gated community

Building Details

Year Built 2011
Tenancy Multi
Listing Agency: NAI TALCOR - Tallahassee
Listed By: Brian Proctor · License #FL 206105
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:13PM

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 NAI TALCOR - Tallahassee

Investment Insights

Based on property information with market context.

Hancock Place is a gated, boutique-sized townhome community featuring 14 units (42 beds). Built in 2011, the townhomes are well maintained and designed in a 3-bedroom, 3-bath layout. Interior finishes include granite countertops, wood cabinets, stainless steel appliances, crown molding, trey ceilings, and hardwood and ceramic tile floors, along with walk-in closets and tile showers.

The community is located less than one block north of Florida State University. The property is described as having an excellent rental and occupancy history, and the materials note potential to increase income by adding more furnished units.

For sale, Hancock Place offers a cohesive student housing configuration within a gated setting.

Key Highlights

  • Gated student housing community with 14 townhome units
  • Built in 2011; 3‑bedroom, 3‑bath townhome style units
  • Student housing designed for 42 beds

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Accounting Firm Skin Care Clinic Carpet & Flooring Store

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

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 32304, FL

50,007
Population
23,296
Households
2.1
Avg Household Size
25
Median Age
36%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
3,290
Density / Sq Mi
$30,823
Median Household Income
$14,475
Median Earnings
$1,132
Median Rent
$147,000
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?
Apartment building - Fourteen 3-bedroom, 3-bath townhomes in a gated student housing community built in 2011.
Where is this apartment building located?
The property is located at 1339 Hancock St Tallahassee, FL.
What are key features of this property?
This property features: Gated student housing community with 14 townhome units; Built in 2011; 3‑bedroom, 3‑bath townhome style units; Student housing designed for 42 beds
(850) 599-5963 Call to check price and availability
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