1504 S. Adams

1504 & 1506 S Adams St # 1 Tallahassee, FL 32301

1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301
1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,295,000
Last Verified:
Mar 13, 2025

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Highlights

  • Located just south of The Tallahassee Capitol near FAMU Campus
  • 3 buildings with 2 units each, totaling 18 bedrooms
  • Perfect for Air B&B, workforce or student housing
  • 100% Occupied
  • Owner Financing with 50% + down
  • Zoned CU45 up to 45 units per acre and many other commercial uses

Description

Introducing a prime investment opportunity in Tallahassee, Florida! This set of 3 buildings totals 6,912 SF, and contains 6 units each with 2 bedrooms. This presents a lucrative prospect for the discerning investor. Constructed in 2003 and recently renovated in 2023, this property boasts 100% occupancy, promising immediate returns. Zoned CU45, it offers extensive potential for commercial uses. Strategically situated near Famu Campus, this property represents an ideal venture for those seeking to capitalize on the thriving local market. With its exceptional features, including 6 Multi-Family units with 18 bedrooms total, this property is perfectly suited for Air B&B, workforce, or student housing opportunities.

Located just south of the Capitol of Tallahassee in the heart of FAMU Campus at 1504 & 1506 S. Adams St.


Year Built: 2003
Building Size: 6912sq ft
Lot Size: 0.34 acres


Documents

1504 & 1506 S Adams St

Map of 1504 & 1506 S Adams St # 1, Tallahassee, FL, 32301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
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