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Investment Highlights

  • Prime downtown location less than two blocks from the Florida State Capitol
  • Situated within the Multi-Modal Transportation District for enhanced connectivity
  • Walkable to College Town, government offices, and vibrant retail corridors
  • Flexible Central Core zoning allowing residential, hotel, retail, and office uses
  • Stormwater capacity available for Parcel 1; aesthetic integration possible for Parcel 2

Executive Summary

Total Acreage: 5.09+/-
Excellent redevelopment opportunity being offered on two parcels owned by the City of Tallahassee in the heart of downtown. Parcel 1 (2.41AC) and the Parcel 2 (2.68AC)
are for sale. The parcels can be purchased and developed independently, or together. With Central Core zoning there are a broad range of uses for the parcels including high density multi-story residential, hotel, retail, office, restaurant, recreation, and more.
Located in the shadow of the Florida State Capitol and bounded by W. Gaines St, S. Martin Luther King, Jr Blvd, W. Madison St, and S. Duval and bisected by S. Bronough
St, this location offers a prime spot for future redevelopment. Situated less than 2 blocks from the capitol complex and close to the heart of college town,
this area is surrounded by government buildings, student housing, and a plethora of retail venues.
Proposals due on or before February 13, 2026. Proposal form available upon request through listing agent.

Property Facts

Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hotel
Total Lot Size 5.09 AC
Zoning CC - Central Core

3 Lots Available

Lot

Lot Size 2.68 AC

Positioned in the heart of downtown Tallahassee, this exceptional redevelopment opportunity spans two prime parcels totaling over five acres

Lot

Lot Size 0.44 AC

Positioned in the heart of downtown Tallahassee, this exceptional redevelopment opportunity spans two prime parcels totaling over five acres

Lot

Lot Size 1.97 AC

Positioned in the heart of downtown Tallahassee, this exceptional redevelopment opportunity spans two prime parcels totaling over five acres

Description

Total Acreage: 5.09+/- Excellent redevelopment opportunity being offered on two parcels owned by the City of Tallahassee in the heart of downtown. Parcel 1 (2.41AC) and the Parcel 2 (2.68AC) are for sale. The parcels can be purchased and developed independently, or together. With Central Core zoning there are a broad range of uses for the parcels including high density multi-story residential, hotel, retail, office, restaurant, recreation, and more. Located in the shadow of the Florida State Capitol and bounded by W. Gaines St, S. Martin Luther King, Jr Blvd, W. Madison St, and S. Duval and bisected by S. Bronough St, this location offers a prime spot for future redevelopment. Situated less than 2 blocks from the capitol complex and close to the heart of college town, this area is surrounded by government buildings, student housing, and a plethora of retail venues. Proposals due on or before Jan. 30th, 2026. Proposal form available upon request through listing agent.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
  • Listing ID: 38778222

  • Date on Market: 12/15/2025

  • Last Updated:

  • Address: 725 S Bronough St, Tallahassee, FL 32399

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