$46,500

$41/sq ft

$29,000
Price Decreased

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Overview

Bedroom

3

Bath

1

Year Built

1958

Sqft

1144

Property Type

Single Family Residence

Property Description

Great investment opportunity in the heart of Tallahassee! This single-family home offers approximately 1,044 sq ft of living space and sits on a spacious lot just under 7,000 sq ft. Built in 1958, the property features a functional layout with 3 bedrooms and 1 bathroom, making it ideal for rental income or a value-add renovation project. Located in the established Griffin Heights neighborhood, the home is conveniently positioned near schools, shopping, and major roadways, with close proximity to Florida State University and downtown Tallahassee. The area shows consistent rental demand, with estimated rents around $1,500/month, offering solid cash flow potential for investors. Property includes a large yard, providing room for outdoor improvements or future enhancements. Whether you're looking to expand your portfolio or secure an affordable entry into the Tallahassee market, this property presents strong upside potential.

Property Details

MLS#

TB8502572

Address

1124 ALABAMA

City

Tallahassee

State/county

FL

Zip/Postal Code

32304

Area

Unplatted Land

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$1,833

Maint Fee

$--

Tax Year

2025

Dryer

Electric Water Heater

Microwave

Range

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Boris Gelfand