1272 Ocala Road #A, B, C, Tallahassee, FL 32304

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1272 Ocala Road #A, B, C,Tallahassee, FL 32304
$530,000
  • - Beds
  • - Baths
  • 3,840 sq. ft.
  • Multi-family
  • Active
Listed by: erika robinson
Office: roi realty llc.
MLS#:391201
Source:FL_TBR

Price summary

  • Price:$530,000
  • Price per sq. ft.:$138.02

About this home

Triplex Listed at $550,000 | $50,400 Gross Annual Income This is the kind of property investors search for but rarely find, a fully leased triplex generating $4,200/month ($50,400 annually) with minimal expenses and a potential 7.49% cap rate. The roof was replaced in 2016, and the property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. Located near TCC, FSU, FAMU, shopping, and major bus routes, the property remains highly desirable to both students and workforce tenants. With Tallahassee rents historically trending upward 2–3% annually, there is room to increase rents and boost returns even further. This could be the cash-flowing asset you have been searching for! CAP rate may vary depending on multiple factors and should be verified by buyers in alignment with their investment strategy. Drive-by only, do not disturb tenants. Showings may be scheduled with proof of funds.

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Home facts

  • Year built:1995
  • Listing ID #:391201
  • Added:91 day(s) ago
  • Updated:December 18, 2025 at 04:17 PM

Rooms and interior

  • Living area:3,840 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric, Heat Pump
  • Heating:Central, Electric, Heat Pump

Structure and exterior

  • Year built:1995
  • Building area:3,840 sq. ft.

Schools

  • High school:GODBY
  • Middle school:GRIFFIN
  • Elementary school:RILEY

Finances and disclosures

  • Price:$530,000
  • Price per sq. ft.:$138.02
  • Tax amount:$7,548

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