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Apartment Building with Assigned Parking
New
For Sale
$825,000

1305 CLAY Street, Tallahassee, FL 32304

Residential, Tallahassee, FL

Property SizeContact for details
Days on Market7

Property Features for 1305 CLAY Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 8, Bedroom 3, Bathroom 2
Parking features Assigned
Patio and Porch features Patio
Appliances Microwave, Range, Refrigerator
Subdivision frenchtown
Elementary school RILEY
Middle school GRIFFIN
High school GODBY
Directions North on Old Bainbridge, Left on Alabama, Right on Clay St
Standard status Active
APN 12073-21-26-20-063-000-0

Taxes and HOA fees

Tax Annual Amount 6538

Utilities

Heating system Electric (Heating), Central
Cooling system Ceiling Fan(s), Electric, Central Air

Building Details

Year built 1973
Floors in Building 2
Number of units 7
Flooring type Vinyl
Building materials Block, Concrete, VinylSiding
Architectural style Other
Listing Agency: EXP Realty, LLC
Listed By: Jules Straker · License #3197962
Added: Sep 14 Changed: Sep 17 Last Checked: Sep 20 at 4:06AM
MLS# 404873

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily apartment property at 1305 Clay Street in Tallahassee includes eight bedrooms and four bathrooms. Built in 1973, the building features block, concrete, and vinyl siding construction, vinyl flooring, central electric heating, central air, and ceiling fans. The property also includes a microwave, range, refrigerator, assigned parking, and a patio.

Utilities are separately metered, with tenants responsible for utility costs. The reported GRM is 8.3. Its Tallahassee location is identified by ZIP Code 32304 in Leon County.

Key Highlights

  • Eight‑bedroom, four‑bathroom apartment property
  • Built in 1973 with block, concrete, and vinyl siding construction
  • Utilities are separately metered and paid by tenants

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Skin Care Clinic HVAC Service Garden Center

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

512
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily property with separately metered utilities, tenant-paid services, central HVAC, and patio space.
Where is this apartment building located?
The property is located at 1305 CLAY Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Eight‑bedroom, four‑bathroom apartment property; Built in 1973 with block, concrete, and vinyl siding construction; Utilities are separately metered and paid by tenants
More about this property
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