Active

2925 Par Lane Unit: A,B,C,D

TALLAHASSEE FL, 32301

$619,000


$166.76 per sqft

Active

3,712 sqft

Multi-family

Built in 1979

Great Investment Opportunity! Well maintained Quadraplex on golf course in high demand area with additional land for building more units! Seller possibly willing to sell the quadraplex without the additional land for $579,000. Stunning views of the water on Hilaman Golf Course and a central location close to downtown, shopping state offices, parks, and more make this property easy to rent for top dollar! Each unit has 2bedrooms and 2 full baths. Units are in good shape. Various updates including all solid surface flooring, have been made over the years. Current rents range from $1050 to $1220, but market rents are between $1200 to $1300 a month, so there is room to raise rents. Property is zoned MR-1 allowing up to 20 units per acre. Lot size of property is 0.65 acres so there is potential to build another 4 to 8 units. Seller has feasibility study and scope of work for building additional units which can be provided upon request. Quadraplex is technically 4 individually parceled condos that are being sold together. Each unit and additional land has it's own parcel I.D.

370901

MLS ID

April 12, 2024

Listed

April 29, 2024

Updated

Map

2925 Par Lane Unit: A,B,C,D
TALLAHASSEE FL, 32301

Interior Features

Interior Features

Pantry


Appliances

Dishwasher, Range, Refrigerator


Floor Description

Clay, Ceramic Tile, Laminate, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Architectual Style

Two Story

School Information

High School

RICKARDS


Elementary School

CONLEY ELEMENTARY

Other Property Details

Area Name

SE-03


Taxes

$4,180


Tax Frequency

Annually


Days on Market

17


Garage

No


Parking

Unassigned


View

No


County

Leon


Pool

No


Buyer Agency Compensation

2.5%

Courtesy of Amac Real Estate Co., ,
Listing Contact: 850-567-0037 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hum Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 FL - Tallahassee Board of REALTORS / Capital Area Technology & Realtor Services (TBR). All rights reserved.

 

Powered byLuxury Presence