Legacy Parc

For Sale

457 White Drive, Tallahassee, FL 32304

This Tallahassee property for sale is located at 457 White Drive. Contact the listing broker for details on the current sale price for Legacy Parc.

Contacts

broker
Benjamin Skinner

SP Multifamily Group, Marcus & Millichap

broker
Matthew Prozzillo

SP Multifamily Group, Marcus & Millichap

Property Details

  • Property Type Other
  • Property Size 24,216 SF
  • Units 30
  • Date Updated Apr 8, 2025
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Highlights

  • 30-Unit Multifamily Asset Consisting Of One, Two, And Three-Bedroom Units With Proximity To All Major Job Hubs, Retail, And Entertainment In Tallahassee.
  • A New Investor Will Be Able To Increase The Average Effective In-Place Rents By Nearly 25% Through Increasing Current Leases To Competitive Market Rates After Implementation Of The Buyers Business Plan.
  • Located Within 2-Minutes Of National Retailers And Restaurants Of West Tennessee Street (Publix, Target, Walgreens, Starbucks, Chick-Fil-A, Etc.).
  • Investors Have The Unique Opportunity To Replace The In-Unit Dishwashers With All-In-One Washer/Dryers, Providing Residents With An Amenity That Is Relatively Rare With Similar Assets In The Immediate Marketplace.
  • The Property Is Currently 100% Occupied, Providing A New Investor With Premium Stabilized Cash Flow At The Beginning Of The Ownership.
  • Tallahassee Is The 5th Fastest Growing Place In America In 2024-2025.

Getting around

  • 49/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 66/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Tallahassee, FL
  • Neighborhood Frenchtown
  • Zip Code 32304
  • Market Tallahassee

Points of Interest

  • Marathon

    0.26 miles

  • Shell

    0.50 miles

  • Tesla Supercharger

    0.61 miles

  • Chevron

    0.73 miles

  • Arco

    0.75 miles

  • Sunoco

    0.91 miles

  • Petro

    1.00 miles

  • Exxon

    1.28 miles

  • ChargePoint

    1.72 miles

  • Clipper Creek

    2.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Legacy Parc
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