Skip main navigation
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

    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.

    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#: O6075296MLS LogoOriginating 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
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.