1208 Springsax Rd #A-b, Tallahassee, FL, 32305
About This Home
**Back on the market!** Don't miss this fully occupied triplex offering immediate cash flow and long-term investment potential. All three units are currently leased and have been occupied by long-term tenants, providing consistent rental income from day one. With current rents below market, there's a clear opportunity to increase future income through thoughtful rent adjustments. Recent improvements, including a newer roof and newer HVAC systems, help reduce major capital concerns while allowing the next owner to focus on maximizing returns. Whether you're adding to your portfolio or purchasing your first income-producing property, this triplex is a solid, investor-friendly opportunity with reliable cash flow and upside potential. Bring offers!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: One Story
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Flooring: Clay,Ceramic Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Features
- Stories: 1
Parking
- Parking features: Unassigned
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
- Hurricane
- Tornado
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 | $1,795 | $21,540 |
| Home Insurance * | $250 | $3,000 |
| Property Taxes | $227 | $2,724 |
| Electricity | $217 | $2,608 |
| Total | $2,489 | $29,868 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-02 | Listed for sale | $355,000 |
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