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1974 MIDYETTE ROAD UNIT 1101,1106,1107,1202,1204

Multi-family Recently Sold
$875,000

BTC: 13.75305455

ETH: 279.43576331

Sold on: 2023-03-13
82 days
0 room(s)
7,580 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Investors! this is an Excellent Income producing property! Midyette Palms Condominiums, an 18-units Condo Building, each unit has 3 Bedroom/2.5 Bath. Convenient to Florida State University, Florida A & M University, Tallahassee Community College, restaurants, and shopping. Perfect for families, students, and investors! The subject units for sale in the building consists of only 5 three bedroom/two and a half bathroom, with open floor plan and features one master Bedroom suite plus two Bedrooms with private Baths. Quality finishes include LVT laminate flooring in gathering areas, carpet in bedrooms and stairs, window blinds and full appliance package with washer/dryer. These five units for sale in the building are an excellent investment opportunity for a buyer looking to acquire income producing property in the state capital, where more likely will stay rented all year long! Midyette Palms is relatively small community that were built in 2 phases, 2010 and 2014. Each unit has been carefully crafted to include the finest finishes and top-notch amenities! All units are currently 100% occupied with below market rental rates, giving the buyer massive upside to raise the rental rates as soon year 2023! It’s currently professionally managed by a local management company but can be easily managed from out of state or by a local owner.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
2014
Lot:
0.04 Acres
Heating:
Central
Price/sqft:
$119
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ninguno

  • Property

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.04 Acres

    Other Property Information

    • Parcel Number: 310408002110.1

    • Zoning: AC

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Public

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $2,008

  • Source details

    • MLS ID: O6075296

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Living Area: 7580

    • Water Source: Public

    • Subdivision Name: MIDYETTE PALMS CONDO

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1974 MIDYETTE ROAD UNIT 1108 placeholder 1974 MIDYETTE ROAD UNIT 1108
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HPL REALTY INVESTMENTS