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Leon County · Tallahassee, FL 32304

Tallahassee, FL — 4bd/3ba — Fix-and-Flip — Under $100/SF & Corner Lot Near FSU

$173,000
4
Beds
3
Baths
1,784
Sq ft
1948
Year built
69% ARV upside$129,466 gross margin

About this property

Property Overview Address: TALLAHASSEE, FL 32304 Property Type: Single Family Beds / Baths: 4 bd / 3 ba Living Area: 1,784 sq ft (~$91 / sq ft at list) Lot Size: 6,534 sq ft Year Built: 1948 List Price: $163,000 Key Features & Highlights True fix & flip opportunity — priced under $100/sq ft for strong upside Partial brick exterior with mature landscaping — excellent curb appeal once updated Corner homesite offers extra street exposure and possible expansion/options Spacious family room and well-sized bedrooms — turnkey layout for a rental or resale remodel Highly desirable location — short distance to Florida State University (strong rental demand / student market) Single-level floorplan makes renovations straightforward and lowers rehab complexity ARV Breakdown & Comparables Projected ARV (estimate): $240,000 – $310,000 (based on local comps — see below). Selected Comparable Sales (closest recent comps in 32304 area): 739 California St (1949) — ~1,786 sq ft — Sale: $310,000 (10/21/2025) 907 Buena Vista Dr (2009) — ~1,701 sq ft — Sale: $300,000 (03/19/2026) 909 Buena Vista Dr (2008) — ~1,701 sq ft — Sale: $315,000 (12/18/2025) 1006 Buena Vista Dr (1948) — ~2,668 sq ft — Sale: $315,000 (07/18/2025) 786 Arkansas St (1948) — ~1,872 sq ft — Sale: $250,000 (10/06/2025) Notes: comps show a broad range — higher comps represent renovated/updated homes in the same zip; distressed sales pull the low end down. Use targeted renovations and cosmetic updates to position this property in the mid–high comp band. The information provided in this section (ARV and comparables) is for demonstrative purposes only and should not be taken as fact. Investment Potential Fast flip potential: low basis (~$91/sq ft) + cosmetic-focused rehab can drive strong ROI. Rental play: proximity to FSU supports long-term cash flow or student housing conversion. Value-add opportunities: modern kitchen, refreshed baths, landscaping & curb updates, and interior layout modernization target highest buyer/renter demand. Don’t let this under-$100/sqft opportunity slip — strong upside in a student-driven market and great comparables to support a profitable flip or buy-and-hold. Call Davin Ruxley at (954) 517-9951!

Property snapshot

Layout4 Bed / 3 Bath
Living area1,784 sq ft
Lot size6,534 sq ft
Year built1948
Property typeLand
CountyLeon County

Deal details

Asking price$173,000
ARV estimate$292,466
Spread69% upside
Gross margin$129,466
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$173K
ARV est.
$292K
Spread
69%
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M
Ms. Meriam
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