Two-Unit Duplex with Separate
For Sale
$375,000
5863 Nightingale Loop, Tallahassee, FL 32311
Residential, Tallahassee, FL
Property Size2,470 SF
Lot Size0.50 Acres
Price / SF$151.82
Days on Market50
Property Features for 5863 Nightingale Loop
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 1
Parking features
Assigned
Appliances
Dishwasher, Microwave, Range, Refrigerator
Subdivision
Adams Duplex Lots
Elementary school
CONLEY ELEMENTARY
Middle school
FAIRVIEW
High school
RICKARDS
Directions
Use GPS
Standard status
Active
APN
12073-32-21-01-000-003-0
Lot size
0.50 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2702
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric
Building Details
Year built
2006
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
Superior Realty Group LLC
(850) 322-1649
Listed By:
Clint Bailey · License #3536984
(850) 879-2529
Added: Sep 17
Changed: Oct 31
Last Checked: Nov 5 at 10:06PM
MLS# 404992
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.
This 2006 duplex contains approximately 2,470 square feet across two separate residences, each arranged with three bedrooms, two bathrooms, a kitchen, living area, and laundry space. The property provides six bedrooms and four bathrooms overall on approximately 0.5 acres. One residence is occupied on a month-to-month basis, while the second is vacant. Recent improvements include newer HVAC systems, water heaters, flooring, and appliances, with roof installation underway. Appliances include ranges, refrigerators, dishwashers, and microwaves.
The property is located in Southeast Tallahassee off Williams Road, with access to the Apalachee Parkway and Capital Circle corridors. Vinyl siding, vinyl flooring, central heating and cooling, ceiling fans, electric service, and assigned parking are included among the existing features.
The property is located in Southeast Tallahassee off Williams Road, with access to the Apalachee Parkway and Capital Circle corridors. Vinyl siding, vinyl flooring, central heating and cooling, ceiling fans, electric service, and assigned parking are included among the existing features.
Key Highlights
- Approximately 2,470 square feet on approximately 0.5 acres
- Two 3‑bedroom, 2‑bath units with separate kitchens, living areas, and laundry spaces
- Six bedrooms and four bathrooms overall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,881
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,620
$517.6K
Cap Rate 7%
$369,729
$369.7K
Cap Rate 9%
$287,567
$287.6K
Market Conditions
NOI Build-Up for 2,470 SF
Gross rent
$40.0K $16.20/SF
− Vacancy
−$3.0K −$1.23/SF
EGI
$37.0K $14.97/SF
− OpEx
−$11.1K −$4.49/SF
NOI
$25.9K $10.48/SF
Area
Tallahassee, FL
Vacancy
7.60%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,620
Cap Rate 7%
$369,729
Cap Rate 9%
$287,567
Alternative Uses
Best Use
Multifamily LT 5
$369.7K
$323.5K – $431.4K
NOI $25,881 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$321.4K
$281.2K – $375.0K
NOI $22,497 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$605.5K
$529.9K – $706.5K
NOI $42,388 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 32311, FL
21,218
Population
10,166
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
56.5 sq mi
ZIP Area
376
Density / Sq Mi
$80,250
Median Household Income
$46,466
Median Earnings
$1,497
Median Rent
$288,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained residences offer private living areas, laundry spaces, and kitchens within one income-producing property.
Where is this duplex located?
The property is located at 5863 Nightingale Loop Tallahassee, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 2,470 square feet on approximately 0.5 acres; Two 3‑bedroom, 2‑bath units with separate kitchens, living areas, and laundry spaces; Six bedrooms and four bathrooms overall
