Save
Ask
Tour
Hide
Share
$619,000
101 Days Online

2925 Par Lane #A,B,C,D
Tallahassee, FL 32301

For Sale|Multi-Family|Active
Subdivision:
Par 4 Condominiums
County:
Leon

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (850) 459-7187
Is this the home for you? We can help make it yours.
(850) 459-7187
2925 Par Lane2925 Par Lane2925 Par Lane2925 Par Lane
Save
Ask
Tour
Hide
Share

Great Investment Opportunity! Well maintained Quadraplex on golf course in high demand area with additional land for building more units! Fully rented and currently bringing in $54,480 annual rental income. Current rents range from $1050 to $1220, but market rents are between $1200 to $1300 a month, so there is room to raise rents. Seller possibly willing to sell the quadraplex without the additional land for $579,000. Stunning views of the water on Hilaman Golf Course and a central location close to downtown, shopping state offices, parks, and more make this property easy to rent for top dollar! Each unit has 2bedrooms and 2 full baths. Units are in good shape. Various updates including all solid surface flooring, have been made over the years. Property is zoned MR-1 allowing up to 20 units per acre. Lot size of property is 0.65 acres so there is potential to build another 4 to 8 units. Seller has feasibility study and scope of work for building additional units which can be provided upon request. Quadraplex is technically 4 individually parceled condos that are being sold together. Each unit and additional land has it's own parcel I.D.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$619,000
Days Online 
101 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,712 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1979
MLS® Number 
370901
Status 
Active
Property Tax 
$4,180
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Style 
Two Story
Construction 
BrickOther
Parking 
Unassigned
Property Sub Type 
Multi Family
Listing Conditions 
Standard
Interior Features
Cooling 
Central AirCeiling FansElectric
Heating 
CentralElectric
Appliances 
DishwasherRangeRefrigerator
Flooring 
ClayCeramic TileLaminateVinyl
Interior 
Pantry
Fireplace 
No
Save
Ask
Tour
Hide
Share
Exterior Features
Patio And Porch 
PatioPorchScreened
Community Features
Association Dues 
0
MLS Area 
SE-03
Schools
School District
Unknown
Elementary School
CONLEY ELEMENTARY
Middle School
FAIRVIEW
High School
RICKARDS
Listing courtesy of Amac Real Estate Co.



This information is deemed reliable, but not guaranteed. PARTICIPANT'S ASSOCIATES AND SUBSCRIBERS ONLY AND IS NOT INTENDED FOR USAGE BY THE PUBLIC. UNDER NO CIRCUMSTANCES SHOULD THE INFORMATION CONTAINED HEREIN BE RELIED UPON BY ANY PERSON IN MAKING A DECISION OF PURCHASE. Copyright Capital Area Technology & REALTOR Services, Inc. All rights reserved.
Data last updated at 2024-07-22 03:45 PM EDT

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share