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5-Unit Multifamily Property
For Sale
$349,900

480 S JEFFERSON Street, Monticello, FL 32344

Residential, Monticello, FL

Property SizeContact for details
Days on Market144

Property Features for 480 S JEFFERSON Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features Carport
Patio and Porch features Patio
Appliances Microwave, Range, Refrigerator, WasherDryer
Subdivision -
Elementary school Jefferson County K-12 Schools
Middle school Jefferson County K-12 School
High school Jefferson County K-12 School
Directions Across from Bob and Jeff's Grocery Store (formerly IGA). US 19 South of the courthouse 1/2 mile on L
Standard status Active
APN 12065-30-2N-5E-0000-0980-0000

Taxes and HOA fees

Tax Annual Amount 4050

Utilities

Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Electric, Central Air

Building Details

Year built 1920
Floors in Building 1
Number of units 4
Flooring type Carpet
Building materials Frame, VinylSiding
Architectural style Other
Listing Agency: Keller Williams Town & Country
Listed By: Chip Williams · License #3144939
Added: May 21 Changed: Oct 8 Last Checked: Oct 11 at 8:06PM
MLS# 400229

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.

This five-unit multifamily property in Monticello includes a total of six bedrooms and five bathrooms. Built in 1920, the building has frame construction with vinyl siding, carpet flooring, and central heating and air conditioning. Additional features include a carport and patio.

The property is in Monticello, with local businesses, shopping, and dining described as minutes away. Interstate access is also nearby.

Key Highlights

  • Five residential units with six bedrooms and five bathrooms
  • Built in 1920
  • Frame construction with vinyl siding

Property Analytics

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Current Use

Keystone County Apartments Apartment Building

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Furniture & Home Goods Garden Center HVAC Service

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

5
Residential units
80%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

Demographics for 32344, FL

12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - The property contains six bedrooms and five bathrooms across its five residential units.
Where is this multifamily property located?
The property is located at 480 S JEFFERSON Street Monticello, FL.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Five residential units with six bedrooms and five bathrooms; Built in 1920; Frame construction with vinyl siding
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