Tallahassee, FL 32301,1974 MIDYETTE RD #1108
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Tallahassee, FL 32301,1974 MIDYETTE RD #1108
Tallahassee, FL 32301,1974 MIDYETTE RD #1108
Tallahassee, FL 32301,1974 MIDYETTE RD #1108
Tallahassee, FL 32301,1974 MIDYETTE RD #1108

$668,000

Est. payment /mo

$720,000

7.2%
Est.Price: ?

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1974 MIDYETTE RD #1108 Tallahassee, FL 32301

5,836 SqFt

SOLD DATE : 06/09/2023

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

Waterfront false

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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Stellar MLS
Listed by HPL REALTY INVESTMENTS
Bought with STELLAR NON-MEMBER OFFICE

Edward Gibbs

Agent | License ID: 3499381

+1(813) 785-4002

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