Excellent investment opportunity with this 13-unit student housing apartment complex ideally located near Florida A&M University (FAMU) in Tallahassee. The property consists of two buildings being sold together—one featuring 7 units and the second featuring 6 units. The unit mix includes twelve 2-bedroom/1-bath units (approximately 750 sq. ft.) and one 1-bedroom/1-bath unit (approximately 600 sq. ft.). Twelve of the thirteen units are currently leased, providing immediate income with only one 2/1 unit available for lease. Both two-story buildings have been renovated and offer onsite laundry facilities. The property’s prime location places residents just minutes from Florida A&M University, Downtown Tallahassee, and Governor's Square Mall, making it highly desirable for student renters. Strong rental demand, a proven occupancy history, and proximity to major employment, retail, and campus destinations make this a compelling turnkey investment opportunity.
For sale
$1,900,000
1533 S Bronough St #A-f, Tallahassee, FL 32301
8beds
4baths
9,262sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Onsite laundry facilitiesTwo-story buildings
- 224 days
- 71
- 4
Zillow last checked:
Listing updated:
Listed by:
Patrick Hancock 407-808-0899,
Thomas Lynne Realty Group, LLC
Source: TBR,MLS#: 397251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Walk-In Closet(s)
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 9,262
- Total interior livable area: 9,262 sqft
Property
Parking
- Parking features: Assigned, Parking Space(s)
Features
- Stories: 1
Details
- Parcel number: 120734101540000050
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Multi Family
Materials
- Block, Concrete, Stucco
Community & HOA
Community
- Subdivision: Morrill Heights
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $205/sqft
- Date on market: 3/12/2026
- Cumulative days on market: 225 days
- Listing terms: Cash,Conventional,Private Financing Available
Estimated market value
Not available
Estimated sales range
Not available
$971/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $1,900,000$205/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32301
Nearby schools
Schools provided by the listing agent
- Elementary: BOND
- Middle: NIMS
- High: LEON
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






