Student Housing Development
For Sale
Contact for pricing
Pending
1819 W Pensacola St, Tallahassee, FL 32304
Development site zoned for up to 50 units per acre near Florida State University and area retail centers.
Property SizeContact for details
Lot Size3.75 Acres
Days on Market908
Property Features for 1819 W Pensacola St
General Information
Standard status
Pending
Lot size
3.75 Acres
Property subtype
Land
Zoning
UT
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Benjamin Skinner · License #FL SL3363922
Source:
Crexi
Added: Apr 30, 2024
Changed: Oct 10
Last Checked: Oct 23 at 7:10AM
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 Marcus & Millichap - Orlando
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents a student housing development site suitable for qualified developers. The site totals 3.75 +/- acres and is governed by University Transition zoning that supports up to 50 units per acre.
The property is located 0.3 miles west of Florida State University and Doak Campbell Stadium. WestEnd Square and Ocala Corners Shopping Centers are within 0.6 miles to the west and north, offering more than 15 dining options along with retail centers, supermarkets, gyms, and drug stores.
The site is currently home to Villa Capri Apartments and an assemblage of duplexes, generating income while approvals are underway for new construction.
The property is located 0.3 miles west of Florida State University and Doak Campbell Stadium. WestEnd Square and Ocala Corners Shopping Centers are within 0.6 miles to the west and north, offering more than 15 dining options along with retail centers, supermarkets, gyms, and drug stores.
The site is currently home to Villa Capri Apartments and an assemblage of duplexes, generating income while approvals are underway for new construction.
Key Highlights
- 3.75 +/- acre multifamily student housing development site with University Transition zoning allowing up to 50 units/acre
- Located 0.3 miles west of Florida State University and Doak Campbell Stadium
- Within 0.6 miles of WestEnd Square and Ocala Corners Shopping Centers
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Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
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Business Placement
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
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Development site zoned for up to 50 units per acre near Florida State University and area retail centers.
Where is this apartment building located?
The property is located at 1819 W Pensacola St Tallahassee, FL.
What are key features of this property?
This property features: 3.75 +/- acre multifamily student housing development site with University Transition zoning allowing up to 50 units/acre; Located 0.3 miles west of Florida State University and Doak Campbell Stadium; Within 0.6 miles of WestEnd Square and Ocala Corners Shopping Centers
