2288 Del Carmel Way Building 14, Tallahassee, FL, 32303
About This Home
Search no more and Discover an exceptional investment opportunity in the heart of Tallahassee. This offering includes all four income-producing townhomes in Sunrise at Mission Overlook, a thoughtfully designed, newly constructed community featuring premium amenities such as a community pool, clubhouse, and fitness center. Each townhome features a spacious three-bedroom, three-bathroom floor plan, a fully equipped kitchen with refrigerator, oven, microwave, and dishwasher, as well as a dedicated laundry closet complete with a washer and dryer. Opportunities to own an entire building in such a desirable location are rare. Ideally located just minutes from Florida State University, the State Capitol, and a wide selection of dining and shopping destinations, this property offers convenient access to some of Tallahassee’s most dynamic areas. All four units are currently leased at below-market rates, providing immediate income with strong potential for future rent growth. With modern interiors, full occupancy, and low-maintenance construction, these townhomes deliver reliable cash flow and make an excellent addition to any investment portfolio. Don’t miss this unique opportunity to acquire four turnkey rental properties and take a confident step toward building long-term wealth through real estate investing. **Photos shown are from the furnished Airbnb unit.**
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Laundry features: Laundry Closet
Features
- Living Room/Dining Room Combo
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 5,120
- Total interior livable area: 4,928 sqft
Property
Details
- Parcel number: 212122000140.1
- Zoning: MR-1
- Special condition: None
Features
- Exterior features: Irrigation System,Sidewalk
Lot
- Lot size: 1,246 sqft
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
- Tornado
- Hurricane
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Leon County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,466 | $53,592 |
| Home Insurance * | $784 | $9,408 |
| Property Taxes | $566 | $6,792 |
| Electricity | $495 | $5,951 |
| Total | $6,311 | $75,732 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-08 | Listed for sale | $883,350 |
View on Zillow