221 Pinewood Drive Unit 221, Tallahassee, FL 32303
Well-maintained corner unit office condo with reception, conference space, and multiple private offices.
- Added:
- Jun 13, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 20 at 7:48 am
Property Features for 221 Pinewood Drive Unit 221
General Information
- Standard status
- Active
- Size
- 1,242 SF
- Property subtype
- Office
Listing agent Barry Bevis License #3131208 (850) 491-3600
Listing office Bevis Realty (850) 491-3600
Listing date Jun 13, 2026
Source Xome
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HighLights
- Well‑maintained single‑story corner unit office condo near Meridian and John Knox
- Reception and conference room at the front, plus five full offices
- Includes 1 full bath and a kitchenette
- Central air cooling; carpet flooring throughout
- Paved driveway with easy access and plenty of parking
- Condo fee is $810/quarter and includes lawn care plus exterior and parking lot maintenance
Overview
Located near Meridian and John Knox, the unit is positioned for easy access with plenty of parking available for visitors and staff. Exterior upkeep and parking lot maintenance are included as part of the condo association services.
For a buyer or tenant seeking a turnkey office setup, the existing front reception and conference room create a clear entry experience, while the five offices support team and executive use. A kitchenette and full bath support day-to-day office operations, and the condo association fee includes lawn care, exterior maintenance, and parking lot maintenance, reducing responsibilities for the occupant.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $21.00 |
| − Vacancy | −$5.7k | −$4.62 |
| EGI | $20.3k | $16.38 |
| − OpEx | −$5.1k | −$4.10 |
| NOI | $15.3k | $12.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tallahassee
- County
- Leon
- State
- Florida
- Longitude
- -84.278728
- Latitude
- 30.472198
