2012 Sheridan Road presents an excellent opportunity to acquire a cash-flowing investment property in one of Tallahassee's most established rental markets. Featuring a spacious floor plan with multiple bedrooms and bathrooms, the property is well-positioned to serve the continued demand for student, workforce, and shared housing in the area.
The property is currently leased with tenants paying $3,250 per month through December 31, 2027, providing investors with immediate income and long-term lease security. With over 18 months of remaining term, buyers can benefit from predictable cash flow from day one of ownership.
Conveniently located near Florida State University, Florida A&M University, downtown Tallahassee, state offices, shopping, dining, and major transportation corridors, the property enjoys strong rental fundamentals driven by a diverse and growing tenant base.
Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a stable income-producing asset, 2012 Sheridan Road offers an attractive combination of current cash flow, lease security, and long-term investment potential.
For sale by owner
$349,900
2012 Sheridan Rd, Tallahassee, FL 32303
4beds
2,092sqft
SingleFamily
Built in 1950
0.39 Acres Lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Multiple bedrooms and bathroomsSpacious floor plan
- 6 days |
- 256 |
- 4 |
Listed by:
Property Owner (850) 491-3212
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Other
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
- Basement: Partially finished
- Has fireplace: No
Interior area
- Total interior livable area: 2,092 sqft
Property
Parking
- Parking features: Off-street, Garage
Features
- Exterior features: Brick
Lot
- Size: 0.39 Acres
Details
- Parcel number: 212270B0200
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Footing
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Community & HOA
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $242,005
- Annual tax amount: $4,252
- Date on market: 6/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,132/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Listed for sale | $349,900-4.1%$167/sqft |
Source: Owner Report a problem | ||
| 4/29/2026 | Listing removed | $365,000$174/sqft |
Source: | ||
| 1/8/2026 | Price change | $365,000-2.7%$174/sqft |
Source: | ||
| 12/1/2025 | Listed for sale | $375,000$179/sqft |
Source: | ||
| 11/3/2025 | Listing removed | $375,000$179/sqft |
Source: | ||
| 11/1/2025 | Listed for sale | $375,000+134.4%$179/sqft |
Source: | ||
| 9/12/2019 | Sold | $160,000-8.6%$76/sqft |
Source: | ||
| 7/24/2019 | Pending sale | $175,000$84/sqft |
Source: The Naumann Group Real Estate #307452 Report a problem | ||
| 6/11/2019 | Listed for sale | $175,000+44.6%$84/sqft |
Source: The Naumann Group Real Estate #307452 Report a problem | ||
| 6/4/2019 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 3/17/2019 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 4/19/2016 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 2/22/2016 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 8/2/2015 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 4/11/2015 | Price change | $1,600-1.5%$1/sqft |
Source: Owner Report a problem | ||
| 2/28/2015 | Listed for rent | $1,625$1/sqft |
Source: Owner Report a problem | ||
| 5/5/2004 | Sold | $121,000+42.4%$58/sqft |
Source: Public Record Report a problem | ||
| 6/28/2001 | Sold | $85,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,252 +8% | $213,410 +10% |
| 2024 | $3,938 +8.7% | $194,009 +10% |
| 2023 | $3,622 +13.1% | $176,372 +10% |
| 2022 | $3,203 +10% | $160,338 +10% |
| 2021 | $2,912 +9.6% | $145,762 +3.8% |
| 2020 | $2,656 +3.1% | $140,491 +4.2% |
| 2019 | $2,577 | $134,819 +4.2% |
| 2018 | $2,577 +3.2% | $129,412 +6.9% |
| 2017 | $2,497 +8.1% | $121,068 +1.5% |
| 2016 | $2,309 | $119,276 +4.1% |
| 2015 | $2,309 | $114,615 -1% |
| 2014 | $2,309 | $115,824 +3.8% |
| 2013 | -- | $111,567 +12.5% |
| 2012 | -- | $99,139 -11.7% |
| 2011 | -- | $112,252 -3.4% |
| 2010 | -- | $116,194 +0.2% |
| 2009 | -- | $116,005 |
| 2008 | -- | -- |
| 2007 | -- | $124,680 +2.7% |
| 2006 | -- | $121,389 +24.7% |
| 2005 | -- | $97,379 |
| 2004 | -- | $97,379 +11.1% |
| 2003 | -- | $87,622 +15.2% |
| 2002 | -- | $76,068 +3.1% |
| 2001 | -- | $73,804 0% |
| 2000 | $950 | $73,805 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32303
Nearby schools
GreatSchools rating
- 5/10Astoria Park Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 1/10Griffin Middle SchoolGrades: 6-8Distance: 1.8 mi
- 2/10Amos P. Godby High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: ASTORIA PARK
- Middle: GRIFFIN
- High: GODBY
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Leon County
- Tallahassee
- 32303
- 2012 Sheridan Rd




