2407 Miranda Ave, Tallahassee, FL 32304

Located in one of Tallahassee’s consistently high-demand rental corridors, 2407 Miranda Avenue presents an exceptional opportunity for investors seeking immediate income and long-term upside. The property features a spacious layout with multiple bedrooms and bathrooms, designed to accommodate strong rental demand driven by students, graduate tenants, and workforce housing needs. The property is currently leased with tenants paying $3,250 per month through September 30, 2026, offering investors immediate cash flow and near-term lease security in a proven rental submarket. Positioned just minutes from Florida State University, Florida A&M University, downtown Tallahassee, major employers, shopping, dining, and transit routes, the location supports consistent tenant demand and strong long-term rent growth fundamentals. The flexible floor plan provides ample living space and functionality, making it well-suited for shared housing strategies or continued long-term rental performance. The property’s setting within an established residential area further enhances its appeal to a wide tenant base. Whether expanding an existing portfolio, completing a 1031 exchange, or acquiring a turnkey income-producing asset, 2407 Miranda Avenue offers a compelling combination of current cash flow, lease stability, and strategic location.