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231 Lafayette Cir, Tallahassee, FL, 32303

2beds
2baths
2,048sqft
$399,900
$195price/sqft
$2,839/moest. monthly cost
$113,560/yrincome needed

About This Home

Say it with us - LOCATION, LOCATION, LOCATION!! Prime mixed-use opportunity with 8 office spaces in the heart of Midtown! It is currently set up best for commercial use, however is can be used for residential purposes as well - consider your business downstairs & living upstairs! Located just steps from the area’s most popular shops, bars, and eateries, this unbeatable location puts you in the center of it all. Featuring 8 generously sized rooms and a wide range of allowable business uses, the possibilities here are truly limitless. This property offers a blank canvas for your vision - perfect for customizing and tailoring the space to fit your needs. Additional highlights include paved parking with partial covered/shaded spaces and an attached exterior storage shed provides valuable space for extra supplies or equipment. Inside, the building is equipped with a kitchen and 1.5 bathrooms, offering the essential amenities most businesses need to operate efficiently. Whether you’re looking to establish, expand, or invest, this Midtown gem delivers flexibility, convenience, and location, all in one exceptional package. Zoned CU-45.

Getting Around

74
WalkingVery Walkable
40
TransitSome Transit
59
BikeBikeable

Schools

4/10
6/10
Raa Middle SchoolGrades 6-80.7 mi
5/10
Leon High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1989

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Range

Bedroom2

  • Dimensions: 12x16

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Dimensions: 11x15

Family Room

  • Dimensions: 11x15

Features

  • High Ceilings,Upper Level Primary
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,048
  • Total interior livable area: 2,048 sqft

Kitchen

  • Dimensions: 8x10

Living Room

  • Dimensions: 15x14

Master Bedroom

  • Dimensions: 12x14

Property

Details

  • Parcel number: 120732125420000040
  • Special condition: Standard

Features

  • Stories: 2
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 2
  • Parking features: Carport,Two Spaces
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Tornado

FEMA Declared Disasters in Leon County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$355$4,260
Property Taxes $256$3,072
Electricity $206$2,473
Total$2,839$34,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,337/yr
40% on housing$85,170/yr
45% on housing$75,706/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.3%
14.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 32303$136
Leon County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 32303$184
Leon County$200

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-29Listed for sale$450,000
2025-10-03Listing removed$494,900
2025-07-06Listed for sale$494,900
2025-06-27Listing removed$509,900
2025-06-12Listed for sale$509,900
2025-05-27Listing removed$509,900
2025-02-26Listed for sale$509,900
2023-02-14Listing removed--
2023-02-11Listed for rent$2,944
2015-06-27Listing removed$1,800
2015-02-16Listed for rent$1,800
2015-01-15Listing removed$1,800
2014-06-24Price change$1,800
2014-05-07Listed for rent$2,000

For Sale by Agent

AgentDevin Lohman
BrokerageLohman Realty LLC

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