1533 S Bronough Street #G-M, Tallahassee, FL 32301
1533 S Bronough Street #G-M, Tallahassee, FL 32301
1533 S Bronough Street #G-M, Tallahassee, FL 32301
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$1,900,000
Est. payment /mo
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7 Beds
4 Baths
9,262 SqFt
Active

1533 S Bronough Street #G-M Tallahassee, FL 32301

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Gay Steffen

Gay Steffen

+1(850) 519-2701

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,262 sqft

Price per Sqft $205

Subdivision Morrill Heights

MLS Listing ID 397249

Bedrooms 7

Full Baths 4

Construction Status Concrete Block,Stucco

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together—one featuring 7 units and the second featuring 6 units. The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease. Both two-story buildings have been renovated and offer onsite laundry facilities. The property's prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.

Location

State FL

County Leon

Area Leon

Rooms

Other Rooms Walk in Closet

Interior

Heating Central

Cooling Central

Flooring Laminate

Equipment Dishwasher, Microwave, Range, Refrigerator

Exterior

Parking Features Assigned Spaces

Private Pool No

Building

Lot Description Kitchen/Din Rm/Liv Room

Story Story - One

Level or Stories Story - One

Construction Status Concrete Block,Stucco

Schools

Elementary Schools Bond

Middle Schools Nims

High Schools Leon

Others

SqFt Source Tax

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Thomas Lynne Realty Group, LLC

Nearby Locations

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Gay Steffen

Gay Steffen

Agent | License ID: 523778

+1(850) 519-2701

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1533 S Bronough Street #G-M