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For sale
  • $5,750,000

    3554 & 3586 Austin Davis Ave, Tallahassee, FL 32308

    6beds
    8baths
    18,774sqft
    : 
    $40,273/mo
    Get pre-qualified
    Multi Family
    Built in 2020
    -- sqft lot
    $-- Zestimate®
    $306/sqft
    $903/mo HOA

    What's special

    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.
    41 days
    |
    266
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Liz M Harrison 850-877-2284,

    Kent Strauss Mgt & Real Estate,

    Trevor A Nicoll 850-528-5872,

    Kent Strauss Mgt & Real Estate

    Source: TBR,MLS#: 401301MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Refrigerator with Ice Maker, Washer
      Features
      • Flooring: Carpet, Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 18,774
      • Total interior livable area: 18,774 sqft

      Property

      Parking
      • Parking features: Unassigned
      Details
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      Condition
      • Year built: 2020

      Community & HOA

      Community
      • Security: Dead Bolt(s), Smoke Detector(s)
      • Subdivision: Unplatted Land
      HOA
      • Has HOA: Yes
      • HOA fee: $10,830 annually
      Location
      • Region: Tallahassee

      Financial & listing details

      • Price per square foot: $306/sqft
      • Annual tax amount: $56,530
      • Date on market: 6/16/2026
      • Cumulative days on market: 42 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Listed for sale$5,750,000$306/sqft
        Source: TBR #401301 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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: 32308

        Getting around

        50 / 100
        Car-Dependent
        25 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kate Sullivan Elementary
        • Middle: COBB
        • 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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