About This Home

This 0-bedroom, 0-bathroom commercial at 1701 Mill Street in Tallahassee, FL is listed for $2,500,000. on a 3.32 acres lot.

Key Features

  • 3.32 acre lot
Listing Description

PRIME REDEVELOPMENT OPPORTUNITY NEAR FAMU, FSU & DOWNTOWN TALLAHASSEE! Four parcels offered together as one package: Combined land area approximately 3.32 acres. Properties are offered as a single assemblage with potential residential, commercial, and mixed-use redevelopment opportunities.

Exceptional opportunity to acquire approximately 3.32 acres comprising four properties strategically located along Mill Street near FAMU Way, Railroad Square Art District, Florida A&M University, Florida State University, and Downtown Tallahassee. The properties offer significant redevelopment potential with CU-45 (Central Urban-45) zoning, which a

llows a variety of residential and commercial uses, including mixed-use development, subject to applicable regulations and approvals. CU-45 zoning permits residential density of up to 45 dwelling units per acre, creating potential for multifamily housing, student housing, apartments, and developments combining residential units with ground-floor retail, restaurants, offices, or other compatible commercial uses.

The assemblage includes an approximately 6,028-square-foot warehouse, providing potential for continued commercial use, adaptive reuse, or incorporation into a larger redevelopment project. Conveniently located near FAMU, FSU, Downtown Tallahassee, Railroad Square, FAMU Way, and surrounding residential and commercial developments.

Four properties offered together as one redevelopment package. An excellent opportunity for developers, institutional buyers, investors, and those seeking a strategically located urban development site. All acreage, zoning, development density, permitted uses, and other property information should be independently verified by the buyer.

Monthly Cost Estimate

$13,371/mo

20% down · 6.5% · 30 years

Principal$1,808
Interest$10,833
Insurance$729

Estimates only. Actual payments may vary.

Location

1701 Mill Street

Tallahassee, FL 32310

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1701 Mill Street is listed at $2,500,000. The estimated monthly payment is $13,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 3.32 acre lot.

This property is listed by Ahmed Ismail.

AI

Ahmed Ismail

License 3401106

Agent at Sand Seekers Realty LLC

Listed by Sand Seekers Realty LLC · Broker phone: 8508518402 · Broker website

MLS# 406245· Source: Tallahassee Board of Realtors· 4 days on PropertySimple

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1701 Mill Street, Tallahassee, FL 32310

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