Seize a great opportunity to own a 3-bedroom, 2-bathroom corner lot investment property, complete with an additional 1-bedroom, 1-bathroom unit that features an independent entrance. Both units are currently occupied and generating income, making this an ideal investment. Recent upgrades include a metal roof installed in 2023 and a relatively new water heater, only a couple of years old. Located in the heart of Tallahassee, this property is situated within minutes of Florida State University (FSU), government offices, and Florida A&M University (FAMU). Enjoy easy access to major routes including Monroe Street and I-10. Key Features: Main Unit: 3 bedrooms, 2 bathrooms Additional Unit: 1 bedroom, 1 bathroom with independent entrance Corner Lot: Yes Roof: Metal roof installed in 2023 Water Heater: Only a couple of years old Income Generating: Both units currently occupied Important Notes: Please provide 12 hours notice prior to showing.
Sold for $140,000
$140,000
1612 Gibbs Dr, Tallahassee, FL 32303
4beds
895sqft
Farm, Single Family Residence
Built in 1948
8,712 Square Feet Lot
$142,900 Zestimate®
$156/sqft
$1,876 Estimated rent
Home value
$142,900
$130,000 - $157,000
$1,876/mo
Zestimate® history
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Corner lotRelatively new water heater
Zillow last checked:
Listing updated:
Listed by:
Richard Innamorato 904-325-2595,
EXP Realty, LLC,
Katiuska Rodriguez 469-740-3268,
EXP Realty, LLC
Bought with:
Adriana Vargas, 3559083
Realty Property Group
Source: TBR,MLS#: 382045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Dimensions: 12x10
Bedroom 2
- Dimensions: 9x10
Bedroom 3
- Dimensions: 9x10
Bedroom 4
- Dimensions: 13x10
Dining room
- Dimensions: 10x6
Family room
- Dimensions: 0x0
Kitchen
- Dimensions: 10x9
Living room
- Dimensions: 12x10
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator, Stove
Features
- Has fireplace: No
Interior area
- Total structure area: 895
- Total interior livable area: 895 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Has view: Yes
- View description: None
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 x 110 x 50 x 110
Details
- Parcel number: 12073212533 A0010
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse,Split Level,Traditional
- Property subtype: Farm, Single Family Residence
Materials
- Block, Concrete
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: GORE SUB
Location
- Region: Tallahassee
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $51,181
- Annual tax amount: $966
- Date on market: 2/17/2025
- Cumulative days on market: 116 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $140,000$156/sqft |
Source:  TBR #382045 Report a problem | ||
| 5/8/2025 | Contingent | $140,000$156/sqft |
Source: TBR #382045 Report a problem | ||
| 2/17/2025 | Listed for sale | $140,000+0.1%$156/sqft |
Source: TBR #382045 Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: TBR #361962 Report a problem | ||
| 8/9/2023 | Price change | $139,900-12.5%$156/sqft |
Source: TBR #361962 Report a problem | ||
| 8/2/2023 | Listed for sale | $159,900+433%$179/sqft |
Source: TBR #361962 Report a problem | ||
| 1/12/2023 | Sold | $30,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $983 +1.8% | $51,181 +2% |
| 2024 | $966 +77.2% | $50,190 +43% |
| 2023 | $545 +14.9% | $35,106 +8.1% |
| 2022 | $474 +11.8% | $32,464 +8% |
| 2021 | $424 +11.4% | $30,046 +263.6% |
| 2020 | $381 +6% | $8,263 +2.3% |
| 2019 | $359 | $8,077 -66.6% |
| 2018 | $359 +16.8% | $24,204 +2.9% |
| 2017 | $308 -24.4% | $23,523 +1% |
| 2016 | $407 | $23,288 +1.3% |
| 2015 | $407 | $22,983 -24.6% |
| 2014 | $407 | $30,463 +1.2% |
| 2013 | -- | $30,115 -0.2% |
| 2012 | -- | $30,179 -13.9% |
| 2011 | -- | $35,054 -2.2% |
| 2010 | -- | $35,854 -0.8% |
| 2009 | -- | $36,154 |
| 2008 | -- | -- |
| 2007 | -- | $39,306 +64.8% |
| 2006 | -- | $23,856 +25.2% |
| 2005 | -- | $19,047 |
| 2004 | -- | $19,047 +33.3% |
| 2003 | -- | $14,293 -11% |
| 2002 | -- | $16,059 -2.2% |
| 2001 | -- | $16,413 0% |
| 2000 | $352 | $16,414 |
Find assessor info on the county website
Neighborhood: Midtown West
Nearby homes
- $146,4003 bd1 ba864 sqft703 Efferson St, Tallahassee, FL 32303Off Market
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- $134,100-- bd-- ba864 sqft1514 Gibbs Dr, Tallahassee, FL 32303Off Market
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- $100,0003 bd1 ba864 sqft1513 Globe Ct, Tallahassee, FL 32303Sold
- $151,0003 bd1 ba864 sqft1509 Globe Ct, Tallahassee, FL 32303Sold
Nearby schools
GreatSchools rating
- 7/10Ruediger Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Raa Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Leon High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: RUEDIGER
- Middle: RAA
- High: LEON
Source: TBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Leon County
- Tallahassee
- 32303
- Midtown West
- 1612 Gibbs Dr
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