1272 Ocala Rd, Unit A B C

Tallahassee, FL 32304

$530,000
Price
—
Beds
—
Baths
3,840 Sq. Ft.
$138 / Sq. Ft.
3,840
Sq. Ft.
$138
per Sq. Ft.

Description

Triplex Listed at $550,000 | $50,400 Gross Annual Income This is the kind of property investors search for but rarely find, a fully leased triplex generating $4,200/month ($50,400 annually) with minimal expenses and a potential 7.49% cap rate. The roof was replaced in 2016, and the property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. Located near TCC, FSU, FAMU, shopping, and major bus routes, the property remains highly...Triplex Listed at $550,000 | $50,400 Gross Annual Income This is the kind of property investors search for but rarely find, a fully leased triplex generating $4,200/month ($50,400 annually) with minimal expenses and a potential 7.49% cap rate. The roof was replaced in 2016, and the property has been consistently maintained, resulting in low tenant turnover and steady income through Section 8 lease agreements. Located near TCC, FSU, FAMU, shopping, and major bus routes, the property remains highly desirable to both students and workforce tenants. With Tallahassee rents historically trending upward 2–3% annually, there is room to increase rents and boost returns even further. This could be the cash-flowing asset you have been searching for! CAP rate may vary depending on multiple factors and should be verified by buyers in alignment with their investment strategy. Drive-by only, do not disturb tenants. Showings may be scheduled with proof of funds.

Property Details for 1272 Ocala Road, Unit A B C

Architectural Style
TwoStory
Parking Features
Unassigned
Subdivision Name
SANDY SPRINGS UNRECORDED
LISTING UPDATED: 12/13/2025 12:57 PM

Property Details for 1272 Ocala Road, Unit A B C

StatusActive
MLS #391201
Days on Market86
Taxes$7,548 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family
Year Built1995
Lot Size-
CountyLeon County

Location

Listing Courtesy of ROI Realty LLC
Add your commute

Building Information for 1272 Ocala Road, Unit A B C

Stories-Residences3Year Built1995Building Size-Lot Size-

Payment Calculator

$3,248 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,619

Property Taxes

$629

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1272 Ocala Road, Unit A B C

Summary
Location and General Information
  • City: Tallahassee
  • County Or Parish: Leon
  • Directions: W on Tharpe, S on Ocala . Turn R on Rumba, take a left turn. Tri-plex on the left.
  • Postal Code: 32304
  • Latitude: 30.456728
  • Longitude: -84.318195
  • State Or Province: FL
Taxes and HOA Information
  • Parcel Number: 12073-21-27-17-000-004-1
  • Association Fee: $.00
  • Tax Annual Amount: $7,548.00
  • Tax Lot: 4
School Information
  • Elementary School: RILEY
  • High School: GODBY
  • Middle Or Junior School: GRIFFIN
Property
Lot Information
  • Building Area Source: Assessor
  • Building Area Total: 3840.0
  • Lot Size Dimensions: 88X173x84x171
Property and Assessments
  • Property Type: Residential
  • Property Sub Type: MultiFamily
  • Property SubType Additional: MultiFamily
  • Year Built: 1995
  • Documents Available: Lease
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Pool Private: No
  • Construction Materials: VinylSiding
  • Security Features: SmokeDetectors
Interior Features
  • Flooring: Carpet, Clay, CeramicTile
  • Cooling: Yes
  • Cooling: CentralAir, CeilingFans, Electric, HeatPump
  • Heating: Yes
  • Heating: Central, Electric, HeatPump
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Fireplace: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $50,400
Rental
Rental Information
  • Rent Includes: None
  • Lease Considered: No
  • Lease Term: TwelveMonths

Property History for 1272 Ocala Road, Unit A B C

DateEvent & SourcePriceAppreciation
Dec 13, 2025

Price Change

CATRS #391201

$530,000—
Sep 18, 2025

Listed (Active)

CATRS #391201

$550,000—
Aug 20, 2017

Expired

CATRS #260719

—
Aug 14, 2015

Listed (Active)

CATRS #260719

$245,000—
DateEvent & SourcePrice
12/13/2025

Price Change

CATRS #391201

$530,000
09/18/2025

Listed (Active)

CATRS #391201

$550,000
08/20/2017

Expired

CATRS #260719

—
08/14/2015

Listed (Active)

CATRS #260719

$245,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1272 Ocala Road, Unit A B C

This home is within Leon.
Rating
School
Type
Grades
Distance
John G Riley Elementary School
Public - PK to 5
Griffin Middle School
Public - 6 to 8
Amos P. Godby High School
Public - 9 to 12
Gretchen Everhart School
Public - PK to 12
Rating
School
Distance
John G Riley Elementary School
PublicPK to 5

Griffin Middle School
Public6 to 8

Amos P. Godby High School
Public9 to 12

Gretchen Everhart School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 1272 Ocala Road, Unit A B C, Tallahassee, FL 32304

1272 Ocala Road, Unit A B C is a multi-family home for sale in Tallahassee, FL 32304. This property was listed for sale on September 18, 2025 by ROI Realty LLC, it's currently listed at $530,000. This listing's school district is Leon. Nearby schools include John G Riley Elementary School, Griffin Middle School and Amos P. Godby High School. 1272 Ocala Road, Unit A B C is a 0-bed, 0-bath, 3,840 sqft multi-family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ROI Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.