Tallahassee, FL 32308,503 & 505 Terrace Street
Tallahassee, FL 32308,503 & 505 Terrace Street
Tallahassee, FL 32308,503 & 505 Terrace Street
33
$320,000
$325,000
1.5%
Est.Price: ?

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4 BD
2 BA
1,792 SqFt

503 & 505 Terrace Street Tallahassee, FL 32308

Est. payment /mo
SOLD DATE : 05/21/2025

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Key Details

Sold Price $320,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $178

Subdivision Talaflo Terrace

MLS Listing ID 384445

Sold Date 05/21/25

Bedrooms 4

Full Baths 2

Construction Status Siding - Wood

Year Built 1954

Lot Dimensions 133 x 100 x 133 x 100

Property Sub-Type Multi-Family

Property Description

Located on a spacious double corner lot in the heart of Old Town, this traditional duplex offers endless potential, ideally located just minutes from downtown, FSU, and TMH and only steps from Midtown. Each unit features 2 bedrooms, 1 bathroom, and approximately 896 sq ft of living space. One side has been fully renovated with new flooring, cabinets, appliances, fixtures, and a beautifully updated kitchen & bathrooms. Enjoy the fresh screened porch and a rare detached two-car garage. Currently owner-occupied on one side with a tenant on the other, making this an ideal investment property or house-hack opportunity. Whether you're looking for short-term rental income, long-term tenants, or dual occupancy, this versatile property delivers. Prime location in one of Tallahassee's most desirable neighborhoods — don't miss out on this unique offering!

Location

State FL

County Leon

Area Ne-01

Rooms

Other Rooms Garage Enclosed, Screened Porch

Interior

Heating Central, Electric

Cooling Central, Electric, Fans - Ceiling

Flooring Ceramic/Clay, Vinyl, Wood

Equipment Microwave, Range, Refrig/Icemaker, Refrigerator, Wash/Dry All, Units Vary

Exterior

Parking Features On Street, Shared Garage, Units Vary

Private Pool No

Building

Lot Description Family Room, Kitchen - Eat In, Separate Living Room

Story Story - One

Level or Stories Story - One

Construction Status Siding - Wood

Schools

Elementary Schools Kate Sullivan Elementary

Middle Schools Cobb

High Schools Leon

Others

Ownership Howe

SqFt Source Tax

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

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Listed by Armor Realty, Inc
Bought with Amac Real Estate Co.

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agent

Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

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