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1504 & 1506 S Adams St # 1

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Address: 1504 & 1506 S Adams St # 1

Florida & Gulf Coast + Apartment Buildings

Created date: January 21, 2025

Date last updated: March 13, 2025

Located just south of The Tallahassee Capitol near FAMU Campus
3 buildings with 2 units each, totaling 18 bedrooms
Perfect for Air B&B, workforce or student housing
100% Occupied
Owner Financing with 50% + down
Zoned CU45 up to 45 units per acre and many other commercial uses

Property Description

Introducing a prime investment opportunity in Tallahassee, Florida! This set of 3 buildings totals 6,912 SF, and contains 6 units each with 2 bedrooms. This presents a lucrative prospect for the discerning investor. Constructed in 2003 and recently renovated in 2023, this property boasts 100% occupancy, promising immediate returns. Zoned CU45, it offers extensive potential for commercial uses. Strategically situated near Famu Campus, this property represents an ideal venture for those seeking to capitalize on the thriving local market. With its exceptional features, including 6 Multi-Family units with 18 bedrooms total, this property is perfectly suited for Air B&B, workforce, or student housing opportunities.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,295,000
No. of Units:	18
Year Built:	2003
Lot Size:	0.34 Sq ft
Opportunity Zone:	No
Price per unit:	$71,944
Property Website	Click Here