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612-696 Ridge Road, Tallahassee, FL – $3,450,000

  • $3.5M Price
  • 3½ Acres
  • $3.5M Price
  • 3½ Acres

612-696 Ridge Road

The word opportunity for a savvy investor or new investor is an understatement on this bulk sale of 20 Single Home rental properties plus 1 building lot that can be held with a 9.4 +++ Cap Rate. Or purchase to sell off the package as individual sales.

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Essential Information

  • MLS® #RX-11075281
  • Price$3,450,000
  • Acres3.50
  • Year Built2008
  • TypeCommercial
  • Sub-TypeIncome
  • StyleIncome, Resident. Single Fam
  • StatusActive

Community Information

  • Address612-696 Ridge Road
  • Area5940
  • CityTallahassee
  • CountyLeon
  • StateFL
  • Zip Code32305

Subdivision

Own subdivision of 20 Single Family plus 1 vacant lot, bulk sale. Wilson Ridge

Amenities

Utilities

3-Phase Electric, Cable, Public Sewer, Public Water

Interior

  • AppliancesBuilding and Land
  • HeatingCentral
  • CoolingElectric
  • # of Stories1

Exterior

  • Lot Description19 SF Rentals plus
  • RoofComp Shingle
  • ConstructionOther

Additional Information

  • Listing Courtesy ofEXP Realty LLC
  • Date ListedMarch 26th, 2025
  • ZoningResidential
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Price Change History for 612-696 Ridge Road, Tallahassee, FL (MLS® #RX-11075281)

Date Details Change
Price Increased from $2,995,000 to $3,450,000 $455,000 (15.19%)
Price Increased from $175,000 to $2,995,000 $2,820,000 (1,611.43%)

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