Renovating 62-Unit Apartment
For Sale
Contact for pricing
445 Conradi St., Tallahassee, FL 32304
Renovation underway at a 62-unit apartment building built in 1968, offering a consolidated investment income profile.
Property SizeContact for details
Lot Size1.33 Acres
Days on Market136
Property Features for 445 Conradi St.
General Information
Standard status
Active
Lot size
1.33 Acres
Property subtype
Special Purpose
Additional Details
Multifamily Units
62
Building Details
Year Built
1968
Listing Agency:
Coldwell Banker Commercial AMH
(631) 903-3739
Listed By:
Anthony Briguglio · License #10491212878
Source:
Crexi
Added: Mar 28
Changed: Aug 8
Last Checked: Jul 22 at 10:36AM
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 Coldwell Banker Commercial AMH
Investment Insights
Based on property information with market context.
445 Conradi St is a 62-unit apartment building built in 1968 and currently undergoing renovations. The property totals 1.33 acres and is presented with an investment income snapshot reflecting Total Income of $831,600 and Net Operating Income (NOI) of $699,600.
The address is located in Tallahassee, and the offering notes convenience just one block away from the University of Florida Medicine, positioning the asset for residential demand tied to the medical campus.
For sale as an investment opportunity, the property is offered with a stated asking price of $16,000,000 and described as having additional renovation and development strategy potential tied to the ongoing improvements.
The address is located in Tallahassee, and the offering notes convenience just one block away from the University of Florida Medicine, positioning the asset for residential demand tied to the medical campus.
For sale as an investment opportunity, the property is offered with a stated asking price of $16,000,000 and described as having additional renovation and development strategy potential tied to the ongoing improvements.
Key Highlights
- 62‑unit apartment building built in 1968 with renovations underway
- 1.33‑acre property in Tallahassee, FL 32304
- Total income of $831,600 and NOI of $699,600
Property Analytics
Current Use
Lease Details
62
Residential units
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovation underway at a 62-unit apartment building built in 1968, offering a consolidated investment income profile.
Where is this apartment building located?
The property is located at 445 Conradi St. Tallahassee, FL.
What are key features of this property?
This property features: 62‑unit apartment building built in 1968 with renovations underway; 1.33‑acre property in Tallahassee, FL 32304; Total income of $831,600 and NOI of $699,600
