Listing provided courtesy of Kent Strauss Mgt & Real Estate- MLS# 401301
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Request Info3554 &3586 Austin Davis Avenue #-Tallahassee, FL 32308
Multi-Family · 18,774 Sq. ft.$5,750,000
Active
3554 &3586 Austin Davis Avenue #- Overview
- Time on Site:
- 13 days
- Visits:
- 0
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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3554 &3586 Austin Davis Avenue #- Facts & Features
- Type Multi-Family
- Sq. ft. 18,774
- Price/Sq.ft. $306
Details
General
Association/HOA
- Association Fee: 10830.0
School Information
- Elementary School: Kate Sullivan Elementary
- Middle Or Junior School: COBB
- High School: LEON
Building Information
- Year Built: 2020
Location/Region
- County Or Parish: Leon
- MLS Area Major: Leon
- Postal City: TALLAHASSEE
- Subdivision Name: Unplatted Land
Rent/Lease Information
- Lease Considered: false
- Rent Includes: Fitness Center,Gardener,Pest Control,Trash Collection
Tax Information
- Tax Annual Amount: 56530.0
General Information
- Listing Terms: Cash,Conventional
- Property Sub Type: Multi Family
- Property Type: Residential
- Special Listing Conditions: Standard
Interior
Building Interior
- Building Area Source: Assessor
- Building Area Total: 18774.0
General Information
- Appliances: Dryer,Dishwasher,Microwave,Range,Refrigerator,Refrigerator with Ice Maker,Washer
- Fireplace: false
- Flooring: Carpet,Laminate
- Security Features: Dead Bolt(s),Smoke Detector(s)
Unit Information
- Unit Number: -
Exterior
Parking Information
- Parking Features: Unassigned
Building Exterior/Construction
- Architectural Style: Two Story
- Construction Materials: Vinyl Siding
General Information
- Number Of Units Total: 24
- Pool Private: false
Unit Information
Unit 1 Details
- Actual Rent: 1295.0
- Beds Total: 1
- Description: 1st fl res
Unit 3 Details
- Actual Rent: 1395.0
- Beds Total: 2
- Description: 2nd fl
Unit 4 Details
- Actual Rent: 1395.0
- Beds Total: 2
- Description: 3rd fl
Unit 2 Details
- Actual Rent: 1432.0
- Beds Total: 1
- Description: Comm
3554 &3586 Austin Davis Avenue #- Neighborhood
Community
32308 (Tallahassee) Demographics
44
Median Age
1,464
Population Density (per sq. mile)
64%
College Educated
$63,018
Estimated Median Income
5,456
Estimated Total Home Owners
5,091
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3554 &3586 Austin Davis Avenue #- Monthly Cost
3554 &3586 Austin Davis Avenue #- Market Data
Based on the last 30 days in this zip code
$502,632
Average List Price
$227
Average Price per Square Foot
31
Properties Sold
46
Average Days on Market
112
Properties for Sale
3554 &3586 Austin Davis Avenue #- History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: Capital Area Technology & Realtor Services | June 16, 2026 |