MLS# 401301 – 3554 &3586 Austin Davis Avenue #-, Tallahassee, FL 32308

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$5,750,000 - Br/0Ba - for Sale in Unplatted Land, Tallahassee
Price: $5,750,000
Baths: 0
Status: Active
Property Type: Multifamily
Year Built: 2020
Neighborhood: Unplatted Land
Days on Website: 80

Courtesy of , Kent Strauss Mgt & Real Estate

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Property Description

An exceptional mixed-use and development opportunity on Austin Davis Ave, offering both stabilized income and future growth potential. 3554 Austin Davis Ave is a mixed-use apartment building featuring a combination of residential units and ground-floor commercial space. The property benefits from an urban-style layout designed to support walkable, community-oriented living and retail activation, creating diversified income streams in a single asset. 3586 Austin Davis Ave is a fully entitled development parcel, including approved plans and permits for a new residential complex. This provides a rare, shovel-ready opportunity for immediate construction, reducing time, risk, and entitlement costs for the next phase of development. Together, the properties offer a compelling blend of current cash flow and future expansion potential in a growing corridor; ideal for investors or developers looking to scale within a cohesive urban project.

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Property Details and Features

  • Appliances & Equipment
  • Dryer
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • RefrigeratorWithIceMaker
  • Washer
  • Building
  • Built in 2020
  • Construction Materials: VinylSiding
  • Cooling
  • CentralAir
  • Electric
  • Floors
  • Carpet
  • Laminate
  • Heating
  • Central
  • Electric
  • Home Owner’s Association
  • Association Fee: $10,830
  • Listing
  • Listing ID: 401301
  • Standard Status: Active
  • MLS Status: Active
  • Property Subtype: MultiFamily
  • On market as of 2026-06-16
  • 7 days on market
  • Rent Includes: FitnessCenter, Gardener, PestControl, TrashCollection
  • Special Conditions: Standard
  • Location
  • Subdivision: Unplatted Land
  • MLS Area (Major): Leon
  • County/Parish: Leon
  • Owner Pays
  • AssociationFees
  • AllUtilities
  • CommonAreaMaintenance
  • Insurance
  • Management
  • PestControl
  • Repairs
  • Taxes
  • TrashCollection
  • Parking
  • Unassigned
  • Schools
  • Elementary School: Kate Sullivan Elementary
  • Middle School: COBB
  • High School: LEON
  • Security Features
  • DeadBolts
  • SmokeDetectors
  • Taxes
  • Annual Amount: $56,530
  • Tax Block: –
  • Lot: 13

Property Map

$5,750,000 – 3554 &3586 Austin Davis Avenue #-, Tallahassee, FL 32308

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