3554 &3586 Austin Davis Avenue Unit -, Tallahassee, FL 32308
- $5,750,000
- List Price
- $5,750,000
- Status
- ACTIVE
- MLS#
- 401301
- Year Built
- 2020
- Construction
- Vinyl Siding
- County
- Leon
- Subdivision
- Unplatted Land
Property Description
An exceptional mixed-use and development opportunity on Austin Davis Ave, offering both stabilized income and future growth potential. 3554 Austin Davis Ave is a mixed-use apartment building featuring a combination of residential units and ground-floor commercial space. The property benefits from an urban-style layout designed to support walkable, community-oriented living and retail activation, creating diversified income streams in a single asset. 3586 Austin Davis Ave is a fully entitled development parcel, including approved plans and permits for a new residential complex. This provides a rare, shovel-ready opportunity for immediate construction, reducing time, risk, and entitlement costs for the next phase of development. Together, the properties offer a compelling blend of current cash flow and future expansion potential in a growing corridor; ideal for investors or developers looking to scale within a cohesive urban project.
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Additional Information
- Hoa Fee
- $10,830
- Taxes
- $56,530
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Equipment
- Dryer, Dishwasher, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer
- Floors
- Carpet, Laminate
- Exterior
- Two Story
- Garage
- Unassigned
- Parking
- Unassigned
- Elementary School
- Kate Sullivan Elementary
- Middle School
- COBB
- High School
- LEON
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Listing courtesy of Kent Strauss Mgt & Real Estate.