Florida Homes Realty & Mortgage-St Johns
Address
3514 N Meridian Road Tallahassee, FL
Price
$ 895,000
Property Attributes
  • MLS#325010
  • TypeMulti-Family
  • CountyLEON
  • CityTallahassee
  • AreaNW
  • Zip32312
  • StyleOne Story
  • Price$ 895,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage7179
Listing Provided Courtesy Of:
Coldwell Banker Hartung
Data Source:
Tallahassee Board of REALTORS
Property Description

Once in a lifetime opportunity to own nearly seven acres of investment property plus a ranch-style homestead (or larger rental) in Tallahassee's most sought-after area: The Northeast Market District // Built in the mid-1950's, the property consists of a 2100 sq ft main house with four bedrooms and two full baths that has been renovated over the years to blend with it's classic original elements // The cottages range in rent from $600-$895 (Seller has chosen not to raise rent for two long-time tenants), but market rent is $895 each // With interior cosmetic renovations and/or a furnished AirBnb/short-term rental concept, the market rent could be much, much higher // The cottages are all nearly identical in their floor plans, but are 844 square feet and each have two bedrooms and one full bathroom, some have carports // Various updates throughout each, but most have rather original interior finishes hard floors // Owner has kept up with septic and roof repairs very well // Property was parceled separately so that main house is on one parcel for homestead purposes // Water well for all properties is on homestead parcel // Both parcels must be sold together // Leases, surveys and old appraisal docs are available

Elementary School Middle School High School
Gilchrist Elementary School RAA Middle School Leon High School
Price History
10/25/2020 Listed $949,900
4/20/2021 6% - $895,000

General Features

Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Architectural Style One Story
Carport Y/N Yes
Construction Materials Asbestos, Brick, Frame, Other
Cooling Central Air, Ceiling Fan(s), Electric
Elementary School GILCHRIST
Flooring Vinyl, Wood
Heating Central, Electric, Propane, Wood
High School LEON
Interior Features Entrance Foyer, Pantry
Listing Agent State License 3043297
MLS Area NW-02
Middle/Junior High School RAA
Parking Features Carport, Varies by Unit, Garage Door Opener
Pool Features In Ground
Private Pool Yes
Property Sub Type Additional Multi Family
Property SubType Multi Family
Property Type Residential
Special Listing Conditions Standard
Status Active
Stories 1
Subdivision Name -
Terms Cash, Conventional
Total Units 7
Virtual Tour https://unbranded.youriguide.com/3514_n_meridian_rd_tallahassee_fl

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Dimensions 381x389x156x459x231x

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32312

Price
AVG $900K
$900K
Visits
AVG 123
123
Year Built
AVG 1954
1954

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