Apartment Building With Development
For Sale
$5,750,000
3554 &3586 Austin Davis Avenue, Tallahassee, FL 32308
Residential, Tallahassee, FL
Property SizeContact for details
Days on Market142
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 4, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 8, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 6, Bathroom 7, Bedroom 3
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
APN
12073-11-28-20-008-013-0
Taxes and HOA fees
Tax Annual Amount
56530
HOA Fee
$10,830 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2020
Floors in Building
2
Number of units
24
Flooring type
Laminate, Carpet
Building materials
VinylSiding
Architectural style
Other
Buildings
1
Listing Agency:
Kent Strauss Mgt & Real Estate
Listed By:
Liz Harrison · License #3257240
(850) 877-2284
Added: Jun 16
Changed: Oct 25
Last Checked: Nov 4 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
The offering includes 3554 Austin Davis Avenue, a mixed-use apartment building with residential units and commercial space at street level. The 2020 property has vinyl siding, carpet and laminate flooring, central electric heating, central air conditioning, and assigned parking. Listed appliances include refrigerators, a refrigerator with ice maker, range, microwave, dishwasher, washer, and dryer.
At 3586 Austin Davis Avenue, the property includes a fully entitled development parcel with approved plans and permits for a new residential complex. Together, the two parcels present an existing apartment asset alongside a permitted residential development component on Austin Davis Avenue in Tallahassee, Florida.
At 3586 Austin Davis Avenue, the property includes a fully entitled development parcel with approved plans and permits for a new residential complex. Together, the two parcels present an existing apartment asset alongside a permitted residential development component on Austin Davis Avenue in Tallahassee, Florida.
Key Highlights
- Mixed‑use apartment building with residential units and ground‑floor commercial space
- Separate development parcel at 3586 Austin Davis Avenue
- Approved plans and permits for a new residential complex
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,774
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two Austin Davis Avenue parcels combine an apartment building, ground-floor commercial space, and approved residential development plans.
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 with residential units and ground‑floor commercial space; Separate development parcel at 3586 Austin Davis Avenue; Approved plans and permits for a new residential complex
