Investor Opportunity: This 10.52-acre income-producing property features two site-built homes and two mobile homes, all currently rented and generating a combined monthly income of $4,500. An additional tenant-owned mobile home and shed further contribute to steady lot rental income of $400 monthly. Main House is 4 bedrooms, 3 bathrooms. Second House: 3 bedrooms, 1 bathroom with recently renovated interior. Two Rental Mobile Homes and a Tenant-Owned Mobile Home renting lot space. Property highlights include a community well, separate septic systems for each house, a large 3-bay shop, a carport with storage, and zoning that allows for up to six total homes. Located in a Rural Zone, this property offers immediate cash flow with potential for increased rental income or future development. A rare opportunity to invest in a rental area with proven occupancy and growth potential!
For sale
Price cut: $20K (6/25)
$575,000
11350 Granny Ln #4, Tallahassee, FL 32305
12beds
--baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$572,800 Zestimate®
$--/sqft
$-- HOA
What's special
Recently renovated interiorSite-built homes
- 159 days
- on Zillow |
- 162 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 06:06pm
Listed by:
Darryl W Griswell 850-363-1988,
Realty One Group Next Gen
Source: TBR,MLS#: 383192

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Rooms
- Room types: Screened Porch, Utility Room
Cooling
- Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator, Washer/Dryer
Features
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Carport, Varies by Unit
- Has carport: Yes
Features
- Stories: 1
- Patio & porch: Porch, Screened
- Exterior features: Fence
- Fencing: Partial
Details
- Parcel number: 120733316204030000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick, Wood Siding
Community & HOA
Community
- Subdivision: None
Location
- Region: Tallahassee
Financial & listing details
- Date on market: 3/15/2025
- Cumulative days on market: 162 days
- Listing terms: Cash,Conventional
- Lease term: 12 Months
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