Investors! this is an Excellent Income producing property! Midyette Palms Condominiums, an 18-units Condo Building, 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, students, and investors! The subject units for sale in the building consists of only 5 three bedroom/two and a half bathroom, with open floor plan and features one master Bedroom suite plus two Bedrooms with private Baths. Quality finishes include LVT laminate flooring in gathering areas, carpet in bedrooms and stairs, window blinds and full appliance package with washer/dryer. These five units for sale in the building 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.
Sold for $875,000 on 03/13/23
$875,000
1974 Midyette Rd #1101-1106-1204, Tallahassee, FL 32301
--beds
0baths
7,580sqft
Multi Family
Built in 2014
-- sqft lot
$978,600 Zestimate®
$115/sqft
$1,541 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 14, 2023 at 08:10am
Listing Provided by:
Moshe Sheffi 321-945-2367,
HPL REALTY INVESTMENTS 407-601-6057
Bought with:
George Dusoe
MILLENIA REALTY OF FLORIDA
Source: Stellar MLS,MLS#: O6075296
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Features
- None
- Has fireplace: No
Interior area
- Total interior livable area: 7,580 sqft
Property
Features
- Exterior features: Sidewalk
Lot
- Size: 1,667 sqft
Details
- Parcel number: 310408002110.1
- Zoning: AC
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & neighborhood
Location
- Region: Tallahassee
- Subdivision: MIDYETTE PALMS CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $120 monthly
- Association name: xxx
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Condominium
- Road surface type: Asphalt
Services availability

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