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3554 &3586 Austin Davis Avenue, Tallahassee, FL 32308

Tallahassee
Local realty services provided by:CENTURY 21 First Story Real Estate
3554 &3586 Austin Davis Avenue,Tallahassee, FL 32308
$5,750,000
  • - Beds
  • - Baths
  • 18,774 sq. ft.
  • Multi-family
  • Active
Listed by: liz harrison, trevor nicoll
Office: kent strauss mgt & real estate
MLS#:401301
Source:FL_TBR

Price summary

  • Price:$5,750,000
  • Price per sq. ft.:$306.27

About this home

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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Home facts

  • Year built:2020
  • Listing ID #:401301
  • Added:43 day(s) ago
  • Updated:July 29, 2026 at 04:23 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Living area:18,774 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:2020
  • Building area:18,774 sq. ft.
  • Construction Materials:Vinyl Siding

Schools

  • High school:LEON
  • Middle school:COBB
  • Elementary school:Kate Sullivan Elementary

Finances and disclosures

  • Price:$5,750,000
  • Price per sq. ft.:$306.27
  • Tax amount:$56,530

Features and amenities

  • Laundry features:Dryer, Washer
  • Amenities:DeadBolts, Smoke Detectors

Parking

  • Parking description:Unassigned

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