Five-Unit Apartment
For Sale
$364,900
480 S JEFFERSON Street, Monticello, FL 32344
MULTI_FAMILY - Other - Monticello, FL
Property SizeContact for details
Days on Market99
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
Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 4
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
Taxes and HOA fees
Tax Annual Amount
4050
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
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
(850) 201-4663
Listed By:
Chip Williams · License #3144939
(850) 800-9108
Added: May 21
Changed: Aug 5
Last Checked: Aug 27 at 4:06PM
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 apartment building was built in 1920 and offers a mix of occupied and vacant units. Three units are currently occupied, and two units are vacant and set up for value-add work. The two vacant units are both one-bedroom, one-bath layouts that need updating and repairs to become rent-ready. Overall, the property includes a total of 6 bedrooms and 5 bathrooms. Common finishes include carpet flooring, and the building has electric central heating with electric cooling, ceiling fans, and central air.
Parking is available via carports, with a patio feature noted as well. Appliances listed include a microwave, range, refrigerator, and washer/dryer. The property is located in the heart of Monticello, with convenient access to local businesses, shopping, dining, and interstate connectivity.
With updates planned for the two vacant units, the building’s configuration supports a straightforward approach for bringing the remaining space to a market-ready rental condition.
Parking is available via carports, with a patio feature noted as well. Appliances listed include a microwave, range, refrigerator, and washer/dryer. The property is located in the heart of Monticello, with convenient access to local businesses, shopping, dining, and interstate connectivity.
With updates planned for the two vacant units, the building’s configuration supports a straightforward approach for bringing the remaining space to a market-ready rental condition.
Key Highlights
- Five‑unit apartment building with 3 occupied units and 2 vacant units
- Both vacant units are 1‑bedroom, 1‑bath and need updating and repairs
- Total 6 bedrooms and 5 bathrooms across the property
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Frame five-unit building with carport parking and patio; three units occupied, two vacant for updates.
Where is this apartment building located?
The property is located at 480 S JEFFERSON Street Monticello, FL.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Five‑unit apartment building with 3 occupied units and 2 vacant units; Both vacant units are 1‑bedroom, 1‑bath and need updating and repairs; Total 6 bedrooms and 5 bathrooms across the property
