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0 Eugenia St
Tallahassee, FL 32310
25-unit Student Housing Development (0.5acre) · Land For Sale · 0.50 AC

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INVESTMENT HIGHLIGHTS

  • Close to 2 universities
  • Close to Publix Grocery Store
  • Close to parks, ponds, and trails

EXECUTIVE SUMMARY

Seller offering 3% commission to buyers agent. Seller is also listing broker. Call Adam Kaye at (850) 228-5035.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.50 AC
Zoning UT - Zoned for the development of up 25 units of Student Housing or multifamily. UT (University Transition zoning of 50 units/acre).

1 LOT AVAILABLE

Lot 4 & 6

Price $229,000
Price Per AC $458,000.00
Lot Size 0.50 AC

Zoned for the development of up 25 units. This is one of the largest available development lots in the Collegetown area. Site has a storm drain on the corner of the lot allowing the developer to save money by not having to build stormwater conveyance

DESCRIPTION

Zoned for the development of up 25 units of Student Housing or multifamily. UT (University Transition zoning of 50 units/acre). This site is 1 block west of FAMU campus and 1 block south of Railroad Square Art District. Short drive to Collegetown, FSU, & Publix. This is one of the largest available development lots in the Collegetown area. Property 2 blocks north of here along Gaines Street is selling at $4M/acre, so this lot at less than $500k per acre is a steal. This site also has a storm drain on the corner of the lot allowing the developer to save money by not having to build stormwater conveyance.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-01-75-006-004.0
Land Assessment
$95,000
Improvements Assessment
$0
Total Assessment
$95,000
  • Listing ID: 33586356

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 0 Eugenia St, Tallahassee, FL 32310

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