118 W 8th Avenue #1-7, Tallahassee, FL 32303

Tallahassee
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
118 W 8th Avenue #1-7,Tallahassee, FL 32303
$1,150,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,966 sq. ft.
  • Multi-family
  • Active
Listed by: velinda hittinger
Office: armor realty, inc
MLS#:401636
Source:FL_TBR

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$231.57

About this home

One or more photos have been virtually enhanced. Immediate cash flow with 100% occupancy across all triplex units and a consistently booked, high-demand Airbnb in the detached home. This extraordinary, completely renovated, and turn-key investment opportunity in the Levy Park area of Midtown in Tallahassee features two income-producing triplexes and a detached single-family home situated less than three miles from Florida State University and the Florida State Capitol. Perfectly positioned for investors seeking strong cash flow and immediate rental potential, this property represents a rare chance to secure a high-performing asset in one of Tallahassee’s most desirable neighborhoods. The gross rent roll of the detached home sits at approximately $30,000/year and the long-term triplex leases sit at approximately $7,000 monthly. The detached single-family home, which makes for an ideal short-term or Airbnb rental, features two bedrooms, two full bathrooms, and a thoughtfully designed...

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Home facts

  • Year built:1979
  • Subdivision & Development:Lakeview Addition
  • Listing ID #:401636
  • Added:140 day(s) ago
  • Updated:November 12, 2026 at 08:23 PM

Rooms and interior

  • Flooring:Vinyl, Wood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:4,966 sq. ft.

Heating and cooling

  • Cooling:Attic Fan, Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1979
  • Building area:4,966 sq. ft.
  • Construction Materials:Wood Siding
  • Exterior Features:Deck, Patio
  • Levels:1 Story

Schools

  • High school:LEON
  • Middle school:RAA
  • Elementary school:RUEDIGER

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$231.57
  • Tax amount:$9,709

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:Security System, Tray Ceilings, Vaulted Ceilings, Window Treatments

Parking

  • Parking description:On Street, Unassigned

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