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Listed price in listed location currency (USD).
$1,998,000

0016

MLS® 400012

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $6,828
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 400012

Property Address: 1-8-643 Kissimmee St, Tallahassee, FL, 32310-5480

Average square foot calculated using Size range provided by listing agent.

Description

643 Kissimmee Street | 8-Unit Boutique Multifamily | Tallahassee, FL Vacant Solutions is proud to present Ashoka, a fully renovated 8-unit boutique multifamily asset located at 643 Kissimmee Street in Tallahassee, Florida. This is a true down-to-the-studs renovation with zero deferred maintenance and no projected near-term capital expenditures - ideal for a passive, long-term hold. Each of the 8 fully furnished units features 2 bedrooms and 1 bath with modern finishes including quartz countertops, stainless steel appliances, LVP flooring, in-unit washer/dryers, and individually metered utilities. The property also features brand-new: low-slope roof, HVAC, plumbing, electrical systems and more. Positioned in Tallahassee's high-velocity university corridor, Ashoka offers unmatched proximity to Florida A&M University, Florida State University, CollegeTown, Railroad Square, and Downtown Tallahassee - premier drivers of consistent residential rental demand. Currently undergoing lease up; projected rents of $1, 595/unit support a projected annual gross scheduled rent of approximately $153, 120 at full stabilization. An ideal acquisition for 1031 exchange buyers or private portfolios seeking turnkey, optimized yield in a premier student housing market. Contact listing agent for the complete Offering Memorandum and digital media package. All financial projections, rents, expenses, and operating assumptions are subject to buyer verification and due diligence.
MLS® Number400012
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayParking Spaces
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Heat
A/C
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Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 16, 2026List Date
$1,998,000List Price
  • Commute

Commute

Starting Address
Destination Address
643 Kissimmee St, Tallahassee, FL

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