317 MABRY STREET ST #611, Tallahassee, FL 32304
317 MABRY STREET ST #611, Tallahassee, FL 32304
317 MABRY STREET ST #611, Tallahassee, FL 32304
4
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$75,000
Est. payment /mo
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2 Beds
1 Bath
808 SqFt
New

317 MABRY STREET ST #611 Tallahassee, FL 32304

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Jess Davison

Jess Davison

+1(239) 270-4730

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 808 sqft

Price per Sqft $92

Subdivision **Verifying Subd**

MLS Listing ID 2139725

Bedrooms 2

Full Baths 1

HOA Fees $275/mo

HOA Y/N Yes

Year Built 1984

Property Sub-Type Condominium

Source realMLS (Northeast Florida Multiple Listing Service)

Property Description

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 HOA covers exterior maintenance, amenities, and grounds, while 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 addition to any rental portfolio.

Location

State FL

County Leon

Community **Verifying Subd**

Area 992-Out Of Area-West

Direction 1-10 W to Tallahassee, Florida Exit 199 South to Mabry Street Turn left on Mabry Street Condo Unit 611

Interior

Heating Central

Cooling Central Air

Furnishings Furnished

Exterior

Parking Features Additional Parking, Unassigned

Utilities Available Cable Connected, Sewer Available, Water Connected

Garage No

Private Pool No

Building

Story 1

Water Public

Level or Stories 1

New Construction No

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

Others

Senior Community No

Tax ID 21346231300D0

Acceptable Financing Cash, Conventional, FHA, Lease Option, Owner May Carry, VA Loan

Listing Terms Cash, Conventional, FHA, Lease Option, Owner May Carry, VA Loan

Listed by KELLER WILLIAMS FIRST COAST REALTY • JODDIE MCCLAIN

NEARBY SCHOOL & BUSINESS

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Jess Davison

Jess Davison

Agent | BKSL3527693

+1(239) 270-4730

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317 MABRY STREET ST #611

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