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202 Columbia Drive unit: 1 1, Tallahassee, FL 32304

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For Sale

$235,000

1.12 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 1.1 acres
    Lot size

Explore this Property

INVESTOR OR DEVELOPER OPPORTUNITY! Large 1.12 acre lot with double driveway and plenty of parking! Home needs some TLC but this can be zoned for up to 50 units (required to add parking + storm water facility for 50 units) or can be zoned for 4 dwellings as-is, without adding parking or storm water facility. This was originally one big house that got divided into 4 units. Value is more in the land & location! 3 of the 4 units are currently leased, tenants would be interested in staying. Floorplans vary, Unit 1 is the largest, a 2/1 rented for $650/month, Unit 2 is a 1/1 with fireplace rented for $650/month, Unit 3 is currently vacant but is a 1/1 with a large kitchen previously rented for $700/month and Unit 4, $600/month.
MLS# 389782

Courtesy Of Keller Williams Town and Country Realty

(850) 201-4663

Property Features

  • Lot Size
    1.12 Acres

Map and Directions

Directions to 202 Columbia Drive unit: 1 1, Tallahassee, FL 32304

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(850) 727-0066
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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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