717 Dover St · Tallahassee, FL 32304

$125,000

3 bd · 2.0 ba · 1,182 sqft · MultiFamily · 18 Days on market

Built 1968 Good condition Est $134k · 6% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +10.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.3/10.0
• Livability +4.3/5.0
• Condition / age +3.8/5.0
• Rent growth +3.7/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

Key facts

• Completely renovated
• New roof
• Built 1968

Tags

• DUPLEX INVESTMENT OPPORTUNITY
• INCOME PRODUCING DUPLEX
• COMPLETELY RENOVATED
• NEW ROOF
• PARTIALLY FENCED YARD

Property features AI

Finance

• HOA & community: Not a senior community

Exterior

• Parking: On-street parking; Other parking type
• Utilities: Cable connected; Electricity available and connected; Sewer available and connected; Water available
• Home design: Single Family Residence; Currently used as residential single-family and as an investment property
• Exterior features: No private pool

Interior

• Kitchen: Electric oven; Electric range; Refrigerator
• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Hot water heating; Separate meters for heating; Central air conditioning
• Interior features: One total room (studio-style layout implied); Property used for investment or residential single-family use

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath multifamily listed at $125k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $926 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $123k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.2% vs local median 4.2% in Tallahassee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 86/100 on livability (#19 in FL, #429 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: employment D.
• Leon (urban): math 48% / reading 53% proficiency, ranked #33 of 73 in FL (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+4.7%/yr); 142 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,765 units permitted in Leon County in 2024 (975 in 5+ unit buildings).
• At $2,265/mo this rent would consume 84% of the median local household income ($32k/yr) (locally 6995% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Leon County population projected at +23% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $35k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,125 (1.5% below list)

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.81% ✓
• Cap rate: 15.18%
• Cash-on-cash: 31.73%
• DSCR: 2.41
• GRM: 4.6

CMA / ARV

• ARV (on-the-fly): $133,566
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
755 W 4th Ave Unit -	0.16mi	4/2.0 (+1)	1,235 (+4%)	7mo	$140,000	$113	74
827 Central St Unit A	0.29mi	4/4.0 (+1)	1,200 (+2%)	8mo	$105,000	$88	64

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.69% rent growth · sell at horizon

5-year hold

• IRR: 28.6%
• Equity multiple: 2.22×
• Total profit: $42,641
• Equity at exit: $18,638

10-year hold

• IRR: 37.0%
• Equity multiple: 4.71×
• Total profit: $129,806
• Equity at exit: $10,808

Cash invested: $35,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32304

• Home prices YoY: -21.2%
• Rents YoY: 4.7%
• Active inventory: 142
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $2,265 high
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $926

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 54%

Sensitivity live

Price	-10% $1,012	-5% $969	+0% $926	+5% $882	+10% $839
Rent	-10% $747	-5% $836	+0% $926	+5% $1,015	+10% $1,104
Rate	-1.0pp $988	-0.5pp $957	base $926	+0.5pp $893	+1.0pp $860

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
1× unit	2	1	$1,168
1× unit	1	1	$1,097
Total (2 units)			$2,265

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
916 N Woodward Ave #1 Tallahassee, FL	2.0	1.0	794	$1,000	$1.26	15d	1	0.23mi
859 W Brevard St Tallahassee, FL	4.0	4.0	1500	$1,900	$1.27	15d	1	0.23mi
847 W Georgia St Tallahassee, FL	4.0	4.0	1500	$1,900	$1.27	15d	1	0.28mi
1329 Nylic St #1 Tallahassee, FL	3.0	3.0	1275	$1,800	$1.41	22d	1	0.53mi
412 W Brevard St Unit 412 Tallahassee, FL	3.0	2.0	900	$800	$0.89	22d	1	0.55mi
1004 Volusia St Tallahassee, FL	4.0	2.0	1360	$1,800	$1.32	15d	1	0.58mi
718 N Bronough St Tallahassee, FL	2.0	1.0	798	$1,100	$1.38	22d	1	0.63mi
828 N Duval St Tallahassee, FL	3.0	2.5	1498	$2,600	$1.74	22d	1	0.70mi
1107 Basin St Unit A Tallahassee, FL	3.0	2.0	1215	$2,400	$1.98	22d	1	0.73mi
1525 W Tennessee St #307 Tallahassee, FL	2.0	1.0	1200	$1,600	$1.33	22d	1	0.75mi
322 Conradi St Tallahassee, FL	3.0	2.0	1100	$1,950	$1.77	22d	4	0.86mi
440 N Monroe St Tallahassee, FL	3.0	1.0–3.0	1311	$3,850	$2.94	15d	15	0.88mi
808 Saint Augustine St Tallahassee, FL	2.0	2.5	1500	$2,095	$1.40	22d	1	0.91mi
832 Arkansas St Tallahassee, FL	3.0	1.0	1296	$1,400	$1.08	22d	1	0.96mi
215 W College Ave Unit 706B Tallahassee, FL	2.0	1.0	823	$2,600	$3.16	22d	1	0.97mi
1325 W Tharpe St Tallahassee, FL	1.0–3.0	1.0–4.0	937	$1,676	$1.79	15d	21	1.02mi
1916 Nannette Dr Unit 1916 Tallahassee, FL	2.0	1.0	1000	$1,100	$1.10	15d	1	1.05mi
415 N Gadsden St Tallahassee, FL	1.0–2.0	1.0–1.5	990	$1,575	$1.59	22d	6	1.06mi
1108 Greentree Ct Tallahassee, FL	2.0	2.0	888	$1,275	$1.44	22d	1	1.08mi
1935 Dawsey St Unit 1935-2 Tallahassee, FL	2.0	1.0	875	$975	$1.11	15d	1	1.08mi
833 W Gaines St Tallahassee, FL	2.0	2.0	1080	$2,350	$2.18	15d	2	1.09mi
1111 High Rd Tallahassee, FL	2.0–3.0	2.0	1000	$1,594	$1.59	15d	11	1.13mi
1612 Overstreet St Tallahassee, FL	3.0	3.0	1500	$3,300	$2.20	22d	1	1.16mi
420 E Park Ave Unit 50 Tallahassee, FL	2.0	1.0	770	$1,050	$1.36	15d	1	1.19mi
2020 Continental Ave Tallahassee, FL	1.0–2.0	1.0–1.5	850	$1,300	$1.53	22d	3	1.20mi
1001 Ocala Rd Tallahassee, FL	4.0	1.0–2.0	899	$642	$0.71	22d	6	1.21mi
424 E 7th Ave Unit 15 Tallahassee, FL	2.0	1.0	859	$1,550	$1.80	15d	1	1.24mi
717 Edgewood St Tallahassee, FL	2.0	1.0	717	$1,325	$1.85	22d	1	1.25mi
1332 Cherry St Tallahassee, FL	2.0	1.0	859	$1,550	$1.80	22d	1	1.26mi
1330 Cherry St Tallahassee, FL	2.0	1.0	859	$1,600	$1.86	15d	5	1.26mi
220 Atkinson Dr Unit D Tallahassee, FL	2.0	1.0	928	$1,100	$1.19	22d	1	1.27mi
1338 Cherry St Unit 5 Tallahassee, FL	2.0	1.0	859	$1,550	$1.80	15d	1	1.27mi
1340 Cherry St Unit 6 Tallahassee, FL	2.0	1.0	859	$1,649	$1.92	22d	1	1.27mi
1327 Jackson Bluff Rd Tallahassee, FL	2.0–4.0	2.0	1450	$685	$0.47	22d	1	1.34mi
2060 Continental Ave Tallahassee, FL	1.0–3.0	1.0–2.5	1121	$1,185	$1.06	15d	26	1.36mi
1101 Washington Ct #1 Tallahassee, FL	2.0	1.0	950	$1,050	$1.11	15d	1	1.37mi
1303 Airport Dr Unit A08 Tallahassee, FL	2.0	2.5	1083	$1,475	$1.36	22d	1	1.38mi
1854 Belle Vue Way Tallahassee, FL	2.0–4.0	1.0–2.0	1100	$1,768	$1.61	22d	1	1.40mi
1801 Lenora Dr Tallahassee, FL	3.0	1.0	1150	$1,800	$1.57	22d	1	1.40mi
1303 Ocala Rd Tallahassee, FL	1.0–4.0	1.0–2.0	1121	$1,445	$1.29	15d	48	1.42mi

Listing history 31 events

1. 2026-06-10
   days on market $125,000 Active 18 DOM
2. 2026-06-09
   days on market $125,000 Active 17 DOM
3. 2026-06-08
   days on market $125,000 Active 16 DOM
4. 2026-06-07
   days on market $125,000 Active 15 DOM
5. 2026-06-05
   days on market $125,000 Active 12 DOM
6. 2026-06-03
   days on market $125,000 Active 11 DOM
7. 2026-06-02
   days on market $125,000 Active 10 DOM
8. 2026-06-01
   days on market $125,000 Active 9 DOM
9. 2026-05-31
   days on market $125,000 Active 8 DOM
10. 2026-05-30
    days on market $125,000 Active 7 DOM
11. 2026-05-23
    listed $125,000 Active
12. 2025-12-05
    historical 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

13. 2025-11-19
    price $70,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

14. 2025-11-15
    price $90,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

15. 2025-10-31
    price $85,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

16. 2025-10-18
    status Active 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

17. 2024-02-19
    historical 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

18. 2024-02-07
    price $90,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

19. 2024-01-19
    price $100,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

20. 2024-01-03
    price $95,000 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

21. 2023-12-22
    listed $99,000 Active 568-char remark

    Show marketing remark (568 chars)

    Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only. Clean title. No liens. New roof

22. 2022-10-03
    historical 613-char remark

    Show marketing remark (613 chars)

    Multiple offers received please submit highest and best by September 6th. Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only.

23. 2022-08-10
    listed $99,000 Active 613-char remark

    Show marketing remark (613 chars)

    Multiple offers received please submit highest and best by September 6th. Zoned multi family Duplex. 2/1 on one side and 1/1 on the other side. Rented at $875 for the 2/1 Rented at $750 for the 1/1 New water heater, laminate flooring, and updated kitchen. All appliances included. Five minute commute to Florida State University. Walking distance to Florida Agricultural and Mechanical university. Partially fenced in yard. Economic incentives include: Opportunity zone, urban job tax credit area, historically underutilized business zone, and Southside CRA. Do not disturb tenants. Appt only.

24. 2022-07-06
    historical
25. 2022-07-02
    price $118,000
26. 2022-07-02
    status Active
27. 2021-04-22
    historical
28. 2021-04-12
    price $39,000
29. 2021-04-08
    listed $42,000 Active
30. 2017-06-20
    historical
31. 2016-05-18
    listed $26,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,180
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$2,174
• − Management: −$2,174
• − Depreciation: −$3,636
• Taxable income: $9,693
• Est. tax owed @ 24.0%: −$2,326
• After-tax cash flow: $8,780/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This property is a well-maintained, recently renovated duplex with good curb appeal and updated interiors. It offers a strong rental potential and is located in a desirable area with economic incentives.

Value-add opportunities

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Improves curb appeal and enhances property value.
• Both New flooring in living areas — Enhances interior aesthetics and increases rental value.
• Both New lighting fixtures — Improves interior aesthetics and increases rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Improves curb appeal and enhances property value. ↑
• Both New flooring in living areas — Enhances interior aesthetics and increases rental value. ↑
• Both New lighting fixtures — Improves interior aesthetics and increases rental value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Leon
• NCES district ID: 1201110
• Math proficiency: 48% ▼ -13.00%
• Reading proficiency: 53% ▼ -5.00%
• Median HH income: $46,339
• Composite: 42.84/100
• National rank: #3131
• State rank: #33 of 73 in FL

Livability — Tallahassee

• Score: 86/100
• State rank: #19
• US rank: #429

Category grades

Amenities A+ Commute A+ Cost of living A Crime C+ Employment D Housing A- Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tallahassee, FL
• County: Leon County · 294,472 people
• City population: 294,472
• Metro: Tallahassee, FL
• Population (ZIP): 51,673
• Household income: $32,348
• Rent vs Own: 86.5% rent · 13.5% own
• Severe rent burden: 6995.0

Population outlook (Leon County) Hauer SSP2

• Today (2025): 315,507 people
• By 2030: 330,677 · +4.8%
• By 2040: 358,465 · +13.6%
• By 2050: 386,804 · +22.6%
• By 2075: 465,480 · +47.5%
• By 2100: 519,959 · +64.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 45% Black 36% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Cuban 2%
• Common ancestry: Romanian 2% Lithuanian 1% Italian 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 86% English-only · Spanish 7% Other Indo-European 2% French/Haitian/Cajun 1%

Political lean MEDSL · Leon

• 2024 margin: Strong D (+21.8) · D 60.3% · R 38.5% · Other 1.2%
• 2008→2024 swing: -2.5pp toward R · 2008: 24.3pp · 2024: 21.8pp
• All cycles: 2024: D+21.8 2020: D+28.3 2016: D+25.1 2012: D+23.6 2008: D+24.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -72.04%
• Current HPI: 267.8426
• Rent YoY: ▲ 4.69%
• Metro: Tallahassee, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+380.8% since first listed

21 events — show timeline

• 2026-05-23 Listed $125,000 realMLS
• 2025-12-05 Listing Removed — realMLS
• 2025-11-19 Price Changed $70,000 realMLS
• 2025-11-15 Price Changed $90,000 realMLS
• 2025-10-31 Price Changed $85,000 realMLS
• 2025-10-18 Relisted — realMLS
• 2024-02-19 Listing Removed — realMLS
• 2024-02-07 Price Changed $90,000 realMLS
• 2024-01-19 Price Changed $100,000 realMLS
• 2024-01-03 Price Changed $95,000 realMLS
• 2023-12-22 Listed $99,000 realMLS
• 2022-10-03 Listing Removed — realMLS
• 2022-08-10 Listed $99,000 realMLS
• 2022-07-06 Listing Removed — realMLS
• 2022-07-02 Price Changed $118,000 realMLS
• 2022-07-02 Relisted — realMLS
• 2021-04-22 Listing Removed — realMLS
• 2021-04-12 Price Changed $39,000 realMLS
• 2021-04-08 Listed $42,000 realMLS
• 2017-06-20 Listing Removed — CATRS
• 2016-05-18 Listed $26,000 CATRS