317 MABRY STREET Street 611, Tallahassee, FL 32304
About This Home — 317 MABRY STREET Street 611
This turn-key 2-bedroom, 1-bath condo at 317 Mabry Street, Unit 611, Tallahassee, FL 32304, offers immediate and reliable cash flow with a long-term tenant secured through May 2027 at $900 per month. The property features a brand-new roof, adding major value and reducing future capital expenses for investors. Located in a quiet, tree-lined community just minutes from FSU, FAMU, and TCC, this condo sits in one of Tallahassee's strongest rental corridors with consistent year-round demand. The low $275 monthly condo fees include water, sewer, trash, roof and exterior maintenance, community pool and common area maintenance. Residents enjoy access to a community pool and center in a serene, well-maintained setting close to shopping, transit, and major employers. With seller financing available, buyers can maximize leverage and enhance cash-on-cash returns. Based on current rent and expenses, the property delivers an estimated 8.9%-10.1% cap rate, making it an excellent
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Listing Courtesy of: KELLER WILLIAMS FIRST COAST REALTY — JODDIE MCCLAIN · joddiemcclain@kw.com
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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