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Property profile & analytics
FOR SALE
Office buildings

837 E Park Ave Tallahassee, FL 32301

744 SF 0.23 ac lot Built 1930
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0168159
Property summary
AI-generated overview

This charming 1930s cottage, located at 837 E Park Avenue Unit 837 in Tallahassee, Florida's historic district, presents a unique investment opportunity. The 954-square-foot property sits on a 0.23-acre lot and is zoned for both office and residential use, offering flexibility for a variety of purposes. Currently used as a residential rental, the property boasts beautiful hardwood floors, built-in features, and dental molding, reflecting its classic character. Plantation shutters grace the windows throughout. The updated bathroom features a freestanding tub, adding a touch of modern convenience to the historic charm. A washer and dryer may convey with the sale. Recent upgrades include a new roof (2018), hot water heater (2020), and HVAC system (2015), ensuring peace of mind for the new owner. The low-density zoning adds to the property's appeal, offering a tranquil setting within the vibrant downtown area. This property is tenant-occupied. Priced at $274,500, this is a rare chance to own a piece of Tallahassee's history and capitalize on its versatile zoning. Don't miss this opportunity to live or work in this downtown gem.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Construction WOOD
Total area 744 SF
Lot 0.23 ac (10,062 SF)
APN 11-31-20-469-000-0
UPID US18-0168159
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Florida Impact Association Or Organization
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kenneth Earl Winker JR · 12 yrs held
Kenneth Earl Winker JR
since 2013
4 recorded transactions
2018
Price N/A
2013
$124,300
2006
$197,500
1998
$77,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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