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1974 Midyette Road 1101,1106,1107,1202,1204Tallahassee, Florida FL32301-6266
Investors! this is an Excellent Income producing property! Midyette Palms Condominiums, an 18-units Condo Building, each unit has 3 Bedroom/2.5 Bath. Convenient to Florida State University, Florida A & M University, Tallahassee Community College, restaurants, and shopping. Perfect for families, students, and investors! The subject units for sale in the building consists of only 5 three bedroom/two and a half bathroom, with open floor plan and features one master Bedroom suite plus two Bedrooms with private Baths. Quality finishes include LVT laminate flooring in gathering areas, carpet in bedrooms and stairs, window blinds and full appliance package with washer/dryer. These five units for sale in the building are an excellent investment opportunity for a buyer looking to acquire income producing property in the state capital, where more likely will stay rented all year long! Midyette Palms is relatively small community that were built in 2 phases, 2010 and 2014. Each unit has been carefully crafted to include the finest finishes and top-notch amenities! All units are currently 100% occupied with below market rental rates, giving the buyer massive upside to raise the rental rates as soon year 2023! It’s currently professionally managed by a local management company but can be easily managed from out of state or by a local owner.
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