Florida Homes Realty & Mortgage-St Johns
Primary on Main
503 Marvin St Street # 503, 507, 502, 506 Tallahassee, FL
$ 1,200,000
Property Attributes
  • MLS#333046
  • TypeMulti-Family
  • CountyLEON
  • CityTallahassee
  • AreaNE
  • NeighborhoodCascades Bluff Townhomes
  • Zip32301
  • StyleTwo Story
  • Year Built2007
  • Taxes$ 11040
  • Price$ 1,200,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage7364
Listing Provided Courtesy Of:
Sunbelt Real Estate Services
Data Source:
Tallahassee Board of REALTORS
Property Description

This is a great investment opportunity. Cascade Bluff Townhomes offer two, two-story, two unit, multifamily buildings constructed in 2007. Address's are 503 & 507 Marvin Street and 502 & 506 Myers Park Lane. ALL FOUR UNITS MUST BE PURCHASED AS A PACKAGE. This portfolio is priced well below replacement value and is a great opportunity for a hands on owner operator. Buyer could live in one unit and rent/manage others. Units have been at 100% occupancy since purchasing the property in 2014. Each of these upscale townhomes offer approx. 1841 square feet with 4 large bedrooms, 4 1/2 baths, ceramic tile flooring in living area, kitchen and bathrooms, Granite counter tops, stainless steel kitchen appliances, full size washer and dryer and a Jacuzzi tub as well. Awesome location near downtown and within walking distance to Cascade Park. Less than 2 miles from both universities. Must provide 24 hours notice to show.

Elementary School Middle School High School
Hartsfield Elementary School Cobb Middle School Rickards High School
Price History
6/2/2021 Listed $1,200,000

General Features

Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
Architectural Style Two Story
Construction Materials Fiber Cement
Cooling Central Air, Ceiling Fan(s), Electric
Elementary School HARTSFIELD
Exterior Features Deck, Fence
Flooring Carpet, Clay, Ceramic Tile
Heating Central, Electric
High School RICKARDS
Interior Features Tray Ceiling(s), Master Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
Listing Agent State License 624522
MLS Area NE-01
Middle/Junior High School COBB
Parking Features Unassigned
Patio/Porch Features Deck, Patio
Property Sub Type Additional Multi Family
Property SubType Multi Family
Property Type Residential
Security Features Dead Bolt(s), Firewall(s), Smoke Detector(s)
Special Listing Conditions Standard
Status Active
Subdivision Name Cascades Bluff Townhomes
Terms Cash, Conventional, 1031 Exchange
Total Actual Rent 13
Total Units 4

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Fencing Partial
Lot Dimensions 85x202


  • 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 32301

AVG $630K
AVG $5,922
AVG 21
Year Built
AVG 1965
AVG 66
Data Provided by Walkscore ® not using MLS data

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