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Renovated 8-Unit Apartment Building
For Sale
$1,790,000

643 Kissimmee Street, Tallahassee, FL 32310

CommercialSale, Tallahassee, FL

Property SizeContact for details
Lot Size0.37 Acres
Days on Market149

Property Features for 643 Kissimmee Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Security features Security
Fencing Fenced
Subdivision NORMAL SCHOOL
Directions Directly off T-Pain Ln, make a right on Kissimee APT
Standard status Active
Lot size 0.37 Acres

Taxes and HOA fees

Tax Annual Amount 6828

Utilities

Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

in-unit washer/dryer

Building Details

Number of units 8
Flooring type Concrete
Building materials Block, Concrete
Listing Agency: Vacant Solutions LLC
Listed By: Dalton Arroyo · License #3602076
Added: May 16 Changed: Oct 8 Last Checked: Oct 11 at 7:06PM
MLS# 400012

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.

Located at 643 Kissimmee Street in Tallahassee, this 8-unit apartment property occupies 0.37 acres and has undergone a full renovation. Each furnished unit includes 2 bedrooms and 1 bath, quartz countertops, stainless steel appliances, LVP flooring, and an in-unit washer and dryer. Utilities are individually metered across the property.

Recent improvements include the low-slope roof, HVAC, plumbing, and electrical systems. The building has block and concrete construction, central heating and cooling, ceiling fans, fencing, and public water service. Its location provides proximity to Florida A&M University, Florida State University, CollegeTown, Railroad Square, and Downtown Tallahassee.

Key Highlights

  • 8‑unit apartment property on 0.37 acres
  • Each unit offers 2 bedrooms and 1 bath
  • Fully furnished units with quartz countertops and stainless steel appliances

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Plumbing Service Veterinary Clinic

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 32310, FL

17,209
Population
7,621
Households
2.3
Avg Household Size
32
Median Age
22%
College-Educated
85%
High-School Grad
91.9 sq mi
ZIP Area
187
Density / Sq Mi
$38,493
Median Household Income
$24,177
Median Earnings
$1,025
Median Rent
$118,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Furnished two-bedroom units feature modern finishes and individually metered utilities.
Where is this apartment building located?
The property is located at 643 Kissimmee Street Tallahassee, FL.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 8‑unit apartment property on 0.37 acres; Each unit offers 2 bedrooms and 1 bath; Fully furnished units with quartz countertops and stainless steel appliances
More about this property
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