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18,774 sqft

$5,750,000

3554 &3586 Austin Davis Avenue Unit: -, Tallahassee FL, 32308

Price per sqft$306.27
Built in2020
Property size18,774 sqft
Property typeMulti-family

Overview

Active

Listed Jun 16, 2026

Updated 2 weeks ago

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.

$38,255/mo

Est. mortgage payment based on a $5,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$56,530
Tax Frequency
Annually

Courtesy of Kent Strauss Mgt & Real Estate, ,
Listing Contact: 850-877-2284 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hill Spooner & Elliott, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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