1819 W Pensacola St Tallahassee, FL 32304

Listing Agency: Marcus & Millichap - Orlando

Listed By: Benjamin Skinner · License #FL SL3363922

Source: Crexi

Added: Apr 30, 2024 Changed: Jul 22 Last Checked: Jul 22 at 9:01AM

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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.

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

Property Analytics

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FAQs

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