For Sale
$1,595,000

1660 Kay AveTallahassee, FL 32301

Prime Location, Updated Units, High Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional eight-unit apartment building presents a lucrative investment opportunity in Tallahassee, Florida. Located in the desirable Hilaman Park neighborhood, this property boasts a prime location offering convenient access to Southwood Community, Governor Square Mall, Apalachee Parkway, and Downtown Tallahassee. Each unit averages 1,235 square feet, and all units underwent a complete update in 2023. Six of the eight units are fully furnished, providing immediate rental income potential. The property's unique setting overlooks the 14th green of the Hilaman Golf Course, an 18-hole municipal course, adding to its appeal. The surrounding area is rich with amenities, including numerous grocery stores, restaurants, shops, and professional offices. This multifamily property offers flexibility for both long-term and short-term rentals, including potential Airbnb opportunities. The asking price is $1,595,000, and owner financing is available, making this an attractive proposition for discerning investors. The property is situated at 1660 Kay Ave, Tallahassee, FL 32301, in Leon County.

Highlights

  • Excellent Airbnb potential.
  • Owner financing options available.
  • Suitable for short-term or long-term rentals.
  • All six units recently renovated (2023).
  • Six furnished units.

Property Details for 1660 Kay Ave

Property type
Apartment buildings

Location Insight

City
Tallahassee
County
Leon
State
Florida
Latitude
30.413352787347
Longitude
-84.24940451726
1660 Kay Ave, Tallahassee, Florida

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1660 Kay Ave
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