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1974 MIDYETTE RD #1108 Tallahassee, FL 32301
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Key Details
Sold Price $668,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,836 sqft
Price per Sqft $114
Subdivision Midyette Palms Condo
MLS Listing ID O6099708
Sold Date 06/09/23
Construction Status Appraisal,Financing,Inspections
HOA Fees $230/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2010
Annual Tax Amount $7,577
Lot Size 0.400 Acres
Acres 0.4
Property Description
Investors! this is an Excellent Income producing property! Four units for sale in Midyette Palms Condominiums. The Building consist of only 18-Condo units, each unit has 3
Bedroom/2.5 Bath. Convenient to Florida State University, Florida A & M University,
Tallahassee Community College, restaurants, and shopping.
Perfect for families, University students , and
investors!
These 4 units are an excellent investment opportunity for a buyer
looking to acquire income producing property in the state capital, where more likely
will stay
rented all year long! Midyette Palms is relatively small community that were built in 2 phases,
2010 and 2014. Each unit has been
carefully crafted to include the finest finishes and top-notch
amenities! All units are currently 100% occupied with below market rental rates,
giving the
buyer massive upside to raise the rental rates as soon year 2023! It’s currently professionally
managed by a local management
company but can be easily managed from out of state or by a
local owner.
Location
State FL
County Leon
Community Midyette Palms Condo
Zoning AC
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Condominium
Monthly Total Fees $230
Membership Fee Required Required
Special Listing Condition None
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