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About This Home
This 2-bedroom, 1-bathroom condo at 317 MABRY STREET in Tallahassee, FL is listed for $65,000 ($80 per sqft). Built in 1984, the home offers 808 sqft of living space on a N/A lot.
This turn-key 2-bedroom, 1-bath condo at 317 Mabry Street, Unit 611, Tallahassee, FL 32304, offers immediate and reliable cash flow with a long-term tenant secured through May 2027 at $900 per month. The property features a brand-new roof, adding major value and reducing future capital expenses for investors.
Located in a quiet, tree-lined community just minutes from FSU, FAMU, and TCC, this condo sits in one of Tallahassee's strongest rental corridors with consistent year-round demand. The low $275 monthly condo fees include water, sewer, trash, roof and exterior maintenance, community pool and common area maintenance.
Residents enjoy access to a community pool and center in a serene, well-maintained setting close to shopping, transit, and major employers. With seller financing available, buyers can maximize leverage and enhance cash-on-cash returns. Based on current rent and expenses, the property delivers an estimated 8.9%-10.1% cap rate, making it an excellent
Key Features
- Built in 1984
Property Details
Amenities
Monthly Cost Estimate
$623/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
317 MABRY STREET
Tallahassee, FL 32304
**verifying Subd**
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom condo at 317 MABRY STREET is listed at $65,000 ($80/sqft). The estimated monthly payment is $557 based on 20% down at 6.5% interest.
HOA fees are $275/month.
Key features include: Built in 1984.
This property is listed by JODDIE MCCLAIN and can be reached at 9044660266 or joddiemcclain@kw.com.
