101 Glenview DrTallahassee, FL 32303

Property Details for 101 Glenview Dr

Year built

1945

Lot size

1.20 AC

Property size (Sq ft)

16,523 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment opportunity presents a 27-unit apartment building situated on a 1.2-acre lot in Tallahassee, Florida. The property, known as the Glenview Inn, is listed at $1,900,000, translating to $114.99 per square foot and $70,370.37 per unit. The 16,523 square foot complex comprises four buildings constructed in 1945 and is classified as a Class C property. The permitted zoning is OR-3. This prime location offers significant redevelopment potential, boasting frontage on both North Monroe Street and Glenview Drive. Its strategic position places it within minutes of Downtown Tallahassee, Florida State University, Florida A&M University, and the city of Thomasville, Georgia. The surrounding area is densely populated with numerous national and local retail establishments, ensuring high visibility and convenient access for residents. This presents a unique chance to acquire a substantial multifamily asset in a thriving and highly desirable location. The property's size and location make it an attractive prospect for investors seeking to capitalize on the growing Tallahassee market. The existing structure provides a solid foundation for future development or renovation projects.

Location Insight

City

Tallahassee

County

Leon

State

Florida

Latitude

30.4649

Longitude

-84.2824

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