Check Availability
Tallahassee 32301
302 Vantage Point Lane #APT161718
$1,625,000
Multifamily - For Sale

302 Vantage Point Lane #APT161718

TALLAHASSEE, FL 32301
bedrooms
4 Beds
bathrooms
4 Baths
square feet
11040 Sqft
$7,980
Estimated Monthly
$0
HOA / Fees

About This Property

Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This is a package of 5 triplex totaling 15 units. They are 5 separate parcels. This listing offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000 - $1100 range with some upgrades. The future owner can benefit from existing leases while having the option to increase rental rates over time. The affordable rental rates make these units highly attractive to a wide range of tenants, always ensuring low vacancy rates. Situated in a desirable neighborhood right off Park Ave and Magnolia, tenants enjoy close proximity to local restaurants, parks, and entertainment.

The manager has listed the unit size as 11040 square feet.
Unit Size
11,040Ft²
Days on Market
110 days
Land Size
-
Price per sqft
$147
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Cole Davis
The Naumann Group Real Estate
Last updated: 4 months ago (TBRFL #367831)

Price History

Date / Event Date Event Price
Jan 27, 2024 Listed by The Naumann Group Real Estate, Inc. $1,625,000
Listed by The Naumann Group Real Estate, Inc.
Jan 16, 2024 Listed by The Naumann Group Real Estate, Inc. $325,000
Listed by The Naumann Group Real Estate, Inc.
Gray and white pictures are digital renderings of what the exterior could look like painted. Welcome to a rare investment in the heart of Tallahassee! This triplex, one of five available for sale, offers a prime opportunity for investors looking for already stable rental income. Each unit is a 1-bedroom, 1-bathroom, currently rented below market rate at $750-$900 per month. Rents can be in the $1000-$1100 range with some upgrades. The future owner can benefit from existing leases while…

Property Highlights

Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

302 Vantage Point Lane 302 Vantage Point Lane, Tallahassee, FL 32301
  • 2 Units for Sale
More about this Building
302 Vantage Point Lane
Want to find out who owns 302 Vantage Point Lane, Tallahassee, FL 32301? Get detailed property transactions here .

About Tallahassee


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 610 W 8th Avenue, TALLAHASSEE, FL, 32303

$1,850 /mo

  • Studio
  • 1 Bath
  • 1,341 ft²
610 W 8th Avenue, TALLAHASSEE, FL, 32303 Listing by Nicholas Mihalich
Unit for rent at 1136 Cherry Laurel Street, TALLAHASSEE, FL, 32308

$1,850 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,290 ft²
1136 Cherry Laurel Street, TALLAHASSEE, FL, 32308 Listing by Omar Hajjar
Unit for rent at 2170 Se Capital Circle, TALLAHASSEE, FL, 32311

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 892 ft²
2170 Se Capital Circle #210, TALLAHASSEE, FL, 32311 Listing by Jennifer Botero


Quantcast