Map of Property

1504 S. Adams

1504 & 1506 S Adams St # 1, Tallahassee, FL 32301

  • For Sale $1,295,000
  • Property Type Multi-Family
  • Property Size 6,912 SF
  • Units 18
  • Lot Size 0.34 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2003
  • Year Renovated 2023
  • Date Updated Jan 21, 2025
Located just south of the Capitol of Tallahassee in the heart of FAMU Campus at 1504 & 1506 S. Adams St.Introducing a prime investment opportunity in Tallahassee, Florida! This 6,912 SF building, containing 18 units, presents a lucrative prospect for the discerning investor. Constructed in 2003 and recently renovated in 2023, this property boasts 100% occupancy, promising immediate returns. Zoned CU45, it offers extensive potential for commercial uses. Strategically situated near Famu Campus, this property represents an ideal venture for those seeking to capitalize on the thriving local market. With its exceptional features, including 5 Multi-Family units with 18 bedrooms, this property is perfectly suited for Air B&B, workforce, or student housing opportunities.
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Highlights

  • Located just south of The Tallahassee Capitol near FAMU Campus
  • 3 Multi-Family units with 18 bedrooms
  • Perfect for Air B&B, workforce or student housing
  • 100% Occupied
  • Owner Financing with 40% + down
  • Zoned CU45 up to 45 units per acre and many other commercial uses

Contacts

broker
Kee Elwell, CCIM

NAI TALCOR

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable

  • Transit Score ®

    39/100 Some Transit

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Tallahassee, FL
  • Neighborhood FAMU
  • Zip Code 32301
  • Market Tallahassee

Points of Interest

  • Sunoco

    0.15 miles

  • Shell

    0.67 miles

  • Clipper Creek

    0.72 miles

  • ChargePoint

    0.72 miles

  • Blink

    1.01 miles

  • Tesla Supercharger

    1.18 miles

  • Chevron

    1.18 miles

  • Citgo

    1.23 miles

  • BP

    1.33 miles

  • Total Buy Store

    1.62 miles

  • Kleman Plaza Parking Garage

    0.78 miles

  • Saint Augustine Street Garage

    0.82 miles

  • FSU Commuter Parking

    1.09 miles

  • Palm Court Parking Lot

    1.10 miles

  • Call Street Garage

    1.16 miles

  • Lot 341

    1.19 miles

  • West Pensacola Street Garage

    1.24 miles

  • Traditions Way Garage

    1.28 miles

  • Newman Lot

    1.39 miles

  • South Circus

    1.39 miles

  • AC Hotel Tallahassee Universities at the Capitol

    0.53 miles

  • Hyatt House

    0.57 miles

  • Hampton

    0.65 miles

  • Residence Inn Tallahassee Universities at the Capitol

    0.71 miles

  • The Governors Inn

    0.84 miles

  • DoubleTree by Hilton Hotel

    0.92 miles

  • Econo Lodge Tallahassee

    0.94 miles

  • The Park Avenue Inn

    0.95 miles

  • Hotel Indigo Tallahassee - Collegetown

    0.99 miles

  • Aloft W Hotels Tallahassee Downtown

    1.09 miles

  • Dog Et Al

    0.09 miles

  • Nick's Restaurant

    0.13 miles

  • Hard Pop Cafe

    0.21 miles

  • Kosta's Subs and Salads

    0.21 miles

  • Tally Mac Shack

    0.23 miles

  • Dick Mondell's

    0.24 miles

  • Subway

    0.24 miles

  • Madison's Scoop Parad Ice

    0.27 miles

  • Smoothie Tower

    0.28 miles

  • Toni's Homestyle Cookin' and Seafood

    0.28 miles

  • Florida Agricultural and Mechanical University

    0.40 miles

  • Bond Elementary School

    0.94 miles

  • FAMU Developmental Research School

    1.04 miles

  • Kingdom Life Tabernacle Preparatory Academy

    1.19 miles

  • Wesson Early Child Center

    1.21 miles

  • C. K. Steele - Leroy Collins Community Charter Middle School

    1.26 miles

  • Leon High School

    1.31 miles

  • Florida State University

    1.34 miles

  • Boys and Girls Club

    1.34 miles

  • R. Frank Nims Middle School

    1.46 miles

  • A Little Heaven's ACad

    0.50 miles

  • Magnolia Preschool

    1.31 miles

  • Kidz Academy

    1.39 miles

  • School For Young Children

    1.44 miles

  • Trinity Catholic School

    1.49 miles

  • Ivy Hill Academy

    1.57 miles

  • Jacob's Ladder Childcare Center

    1.74 miles

  • Annie's Day Care

    1.82 miles

  • Little Lambs Preschool

    1.86 miles

  • Tallahassee Memorial Child Care Center

    2.18 miles

Frequently Asked Questions

How much does 1504 S. Adams cost?

The space currently listed for sale at 1504 S. Adams asks for $1,295,000.

What is the total square footage of 1504 S. Adams?

1504 S. Adams totals 6,912 square feet.

When was this property built?

1504 S. Adams was built in 2003.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Kee Elwell, CCIM

NAI TALCOR

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