Investor Alert or A Spacious Townhome for Everyday Living! Townhouse is currently a Turnkey Airbnb near Tallahassee’s Major Universities! Welcome to 1400 Ocala Road, Apt. 5. This property is a fully furnished 4 bedroom, 2.5 bath townhome. It’s perfectly positioned just minutes from Florida State University, Tallahassee State College, and Florida A&M University. This income producing property is an investor’s dream, offering immediate cash flow potential with existing Airbnb reservations already secured throughout football season and beyond. Whether you’re looking to expand your short-term rental portfolio, secure housing for students, or everyday living this turnkey opportunity checks every box. The spacious layout features four bedrooms, two and a half bathrooms, and all furnishings included. This townhouse makes for a seamless transition from closing day to hosting. Its prime location provides easy access to campus events, downtown Tallahassee, restaurants, shopping, and major roadways, making it a highly desirable destination year round.
For sale
$240,000
1140 Ocala Rd APT 5, Tallahassee, FL 32304
4beds
1,710sqft
Townhouse
Built in 1973
4,356 Square Feet Lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Spacious layoutAll furnishings included
- 2 days |
- 168 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Alicia Murphy 850-544-0918,
Keller Williams Town & Country
Source: TBR,MLS#: 401494
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Other, Utility Room
Primary bedroom
- Dimensions: 12x13
Bedroom 2
- Dimensions: 9x11
Bedroom 3
- Dimensions: 9x11
Bedroom 4
- Dimensions: 9x12
Dining room
- Dimensions: 8x15
Family room
- Dimensions: 0
Kitchen
- Dimensions: 12x14
Living room
- Dimensions: 22x11
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Features
- Upper Level Primary, Walk-In Closet(s)
- Flooring: Carpet, Plank, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,710
- Total interior livable area: 1,710 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Patio
- Fencing: Privacy
- Has view: Yes
- View description: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 124 x 20 x 124 x 70
Details
- Parcel number: 120732127150000050
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Two Story,Traditional
- Property subtype: Townhouse
Materials
- Brick, Block, Concrete
Condition
- Year built: 1973
Community & HOA
Community
- Subdivision: Ocala Road Townhouses
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $178,458
- Annual tax amount: $3,207
- Date on market: 6/20/2026
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Listed for sale | $240,000$140/sqft |
Source: | ||
| 7/27/2024 | Listing removed | $240,000-3.2%$140/sqft |
Source: | ||
| 6/17/2024 | Price change | $248,000-1.6%$145/sqft |
Source: | ||
| 5/29/2024 | Listed for sale | $252,000+96.9%$147/sqft |
Source: | ||
| 1/25/2021 | Sold | $128,000-7.6%$75/sqft |
Source: Public Record Report a problem | ||
| 5/12/2005 | Sold | $138,500+130.8%$81/sqft |
Source: Public Record Report a problem | ||
| 8/17/2004 | Sold | $60,000-16.9%$35/sqft |
Source: Public Record Report a problem | ||
| 5/11/1999 | Sold | $72,200$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,207 +10.4% | $162,529 +10% |
| 2024 | $2,906 +9.5% | $147,754 +10% |
| 2023 | $2,653 +15.7% | $134,322 +10% |
| 2022 | $2,294 +17.2% | $122,111 +19.8% |
| 2021 | $1,957 +8.2% | $101,941 +6.5% |
| 2020 | $1,809 +8.3% | $95,679 +9.5% |
| 2019 | $1,670 | $87,373 +5.2% |
| 2018 | $1,670 +4.3% | $83,032 +3.6% |
| 2017 | $1,602 +7.4% | $80,123 +6.1% |
| 2016 | $1,491 | $75,507 -0.4% |
| 2015 | $1,491 | $75,836 +1.4% |
| 2014 | $1,491 | $74,782 -16.1% |
| 2013 | -- | $89,106 +1.7% |
| 2012 | -- | $87,597 -9.7% |
| 2011 | -- | $96,986 -9.6% |
| 2010 | -- | $107,293 -0.9% |
| 2009 | -- | $108,289 -11.6% |
| 2008 | -- | $122,433 +0.5% |
| 2007 | -- | $121,854 +1.6% |
| 2006 | -- | $119,908 +38.4% |
| 2005 | -- | $86,627 |
| 2004 | -- | $86,627 +12% |
| 2003 | -- | $77,316 +15.5% |
| 2002 | -- | $66,929 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: San Luis
Nearby schools
GreatSchools rating
- 5/10John G Riley Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Griffin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Amos P. Godby High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: RILEY
- Middle: GRIFFIN
- High: GODBY
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Leon County
- Tallahassee
- 32304
- San Luis
- 1140 Ocala Rd Apartment 5





