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Lakeshore Heights Apartment Community
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1375 Pullen Road, Tallahassee, FL 32303

Renovation is underway across a substantial multifamily community with market-rate positioning.

Property SizeContact for details
Days on Market144

Property Features for 1375 Pullen Road

General Information

Standard status Active
Property subtype Multifamily
Occupancy 40%

Additional Details

Multifamily Units 160
Listing Agency: JLL - Tampa, Florida
Listed By: Francesco Carriera · License #FL - 3102853
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:25PM

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 JLL - Tampa, Florida

Investment Insights

Based on property information with market context.

Lakeshore Heights is a 160-unit apartment community in Tallahassee, Florida, with renovations underway following its conversion from student housing to a market-rate residential format. Approximately 60% of the units are currently vacant, and ownership is completing improvements to the remaining residences. The planned sale delivery is an approximately 90% pre-leased asset.

The property is located at 1375 Pullen Road in Tallahassee, FL 32303. The existing community includes renovated and unrenovated units, with continued work required to complete the in-place conversion program. The buyer will acquire the community while this renovation and leasing process remains underway.

Key Highlights

  • 160‑unit apartment community
  • Approximately 60% of units are vacant during the renovation phase
  • Conversion from student housing to a market‑rate residential asset

Property Analytics

Current Use

Seminole Ridge Apartments Apartment Complex Terra Lake Heights ... Apartment Complex Lakeshore Heights Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service HVAC Service Pharmacy

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

160
Residential units
40%
Occupancy

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 32303, FL

48,644
Population
24,864
Households
2
Avg Household Size
34
Median Age
46%
College-Educated
95%
High-School Grad
34.8 sq mi
ZIP Area
1,398
Density / Sq Mi
$63,123
Median Household Income
$37,702
Median Earnings
$1,324
Median Rent
$204,900
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?
Apartment building - Renovation is underway across a substantial multifamily community with market-rate positioning.
Where is this apartment building located?
The property is located at 1375 Pullen Road Tallahassee, FL.
What are key features of this property?
This property features: 160‑unit apartment community; Approximately 60% of units are vacant during the renovation phase; Conversion from student housing to a market‑rate residential asset
More about this property
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