317 Mabry Street Street #611, Tallahassee, FL 32304

Tallahassee
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
317 Mabry Street Street #611,Tallahassee, FL 32304
$75,000
  • 2 Beds
  • 1 Baths
  • 808 sq. ft.
  • Condominium
  • Active
Listed by: joddie mcclain
Office: keller williams first coast realty
MLS#:2139725
Source:JV

Price summary

  • Price:$75,000
  • Price per sq. ft.:$92.82
  • Monthly HOA dues:$275

About this home

This turn-key 2-bedroom, 1-bath condo at 317 Mabry Street, Unit 611, Tallahassee, FL 32304, offers immediate and reliable cash flow with a long-term tenant secured through May 2027 at $900 per month. The property features a brand-new roof, adding major value and reducing future capital expenses for investors. Located in a quiet, tree-lined community just minutes from FSU, FAMU, and TCC, this condo sits in one of Tallahassee's strongest rental corridors with consistent year-round demand. The low $275 monthly HOA covers exterior maintenance, amenities, and grounds, while residents enjoy access to a community pool and center in a serene, well-maintained setting close to shopping, transit, and major employers. With seller financing available, buyers can maximize leverage and enhance cash-on-cash returns. Based on current rent and expenses, the property delivers an estimated 8.9%-10.1% cap rate, making it an excellent addition to any rental portfolio.

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Home facts

  • Year built:1984
  • Listing ID #:2139725
  • Added:1 day(s) ago
  • Updated:April 14, 2026 at 12:48 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:2
  • Kitchen Description:Dishwasher, Electric Range, Freezer, Gas Range, Ice Maker
  • Living area:808 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Building area:808 sq. ft.
  • Levels:1 Story

Schools

  • High school:Other
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public, Water Connected
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$75,000
  • Price per sq. ft.:$92.82

Features and amenities

  • Laundry features:Dryer

Parking

  • Parking description:Additional Parking
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