Mixed-Use Apartment Building with Development
For Sale
$5,750,000
3554 &3586 Austin Davis Avenue, Tallahassee, FL 32308
MULTI_FAMILY - Other - Tallahassee, FL
Property SizeContact for details
Days on Market50
Property Features for 3554 &3586 Austin Davis Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
8
Full bathrooms
6
Half bathrooms
2
Rooms
Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 8, Bathroom 7, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 6
Parking features
Assigned
Appliances
Dryer, Dishwasher, Microwave, Range, Refrigerator, RefrigeratorWithIceMaker, Washer
Subdivision
Unplatted Land
Elementary school
Kate Sullivan Elementary
Middle school
COBB
High school
LEON
Directions
E. Mahan Dr., L-Capital Cir, L Evening Rose Community, Right side
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
56530
HOA Fee
$10,830 Annually
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
2020
Floors in Building
2
Number of units
24
Flooring type
Carpet, Laminate
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
Kent Strauss Mgt & Real Estate
(850) 877-2284
Listed By:
Liz Harrison · License #3257240
(850) 877-2284
Added: Jun 16
Changed: Aug 2
Last Checked: Aug 4 at 10:06AM
MLS# 401301
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.
3554 Austin Davis Ave is a mixed-use apartment building featuring a combination of residential units and ground-floor commercial space. The property is described as having an urban-style layout designed to support walkable, community-oriented living and retail activation. The building was constructed in 2020 and includes assigned parking, with electric heating and central air conditioning. In-unit amenities listed include washer and dryer, along with major kitchen appliances such as a refrigerator, dishwasher, range, and microwave.
3586 Austin Davis Ave is a fully entitled development parcel that includes approved plans and permits for a new residential complex. The two properties are offered together as a cohesive mixed-use and development opportunity on Austin Davis Ave in Tallahassee, Florida.
Overall, the package combines an operating mixed-use asset with an adjacent shovel-ready development component supported by approved plans and permits.
3586 Austin Davis Ave is a fully entitled development parcel that includes approved plans and permits for a new residential complex. The two properties are offered together as a cohesive mixed-use and development opportunity on Austin Davis Ave in Tallahassee, Florida.
Overall, the package combines an operating mixed-use asset with an adjacent shovel-ready development component supported by approved plans and permits.
Key Highlights
- Mixed‑use apartment building at 3554 Austin Davis Ave with residential units plus ground‑floor commercial space
- 3586 Austin Davis Ave development parcel with approved plans and permits for a new residential complex
- Year built: 2020
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 32308, FL
23,355
Population
11,838
Households
2
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
1,478
Density / Sq Mi
$73,125
Median Household Income
$46,786
Median Earnings
$1,327
Median Rent
$291,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building with ground-floor commercial space and an adjacent fully entitled development parcel for new residences.
Where is this apartment building located?
The property is located at 3554 &3586 Austin Davis Avenue Tallahassee, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Mixed‑use apartment building at 3554 Austin Davis Ave with residential units plus ground‑floor commercial space; 3586 Austin Davis Ave development parcel with approved plans and permits for a new residential complex; Year built: 2020
