Fairbanks Dr Unit , Tallahassee, Home For Sale

house for sale

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Listed: 06/25/24

418 Fairbanks Dr Unit 2, Tallahassee, Florida, 32304

6 Bed:

2.5 Bath:

4,000 Sq Ft Living Area:

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Price

$ 450,000

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About This House

Welcome to your new investment opportunity! This investment opportunity with UT zoning makes the land extremely valuable for future development. There are three homes on four contiguous lots, with street frontage on Fairbanks Drive in the front and Lipona Drive in the rear. All units are currently occupied. Available properties: - 406 - 418Fairbanks Dr - 406 Fairbanks: 3 bed / 1.5 bath - 414 Fairbanks: 4 bed / 3 bath - 418 Fairbanks: 3 bed / 1.5 bath

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Houses for sale in Tallahassee

Original listing

Tallahassee Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Jul 2024	$187,975 (-9.3%)
Jun 2024	$207,341 (-7.7%)
May 2024	$224,563 (+7%)
Apr 2024	$209,872 (0%)
Mar 2024	$209,872 (0%)
Feb 2024	$209,872 (0%)

In July 2024, the asking price for 2 bed houses for sale in/near Tallahassee, United States averaged $187,975, a decrease of 9.3% from the previous month.

Median price trends for properties for sale in Tallahassee, United States as of July 2024.

Household Income

Median household income: $42,418

Number of households: 75,194

The average household income in Tallahassee, FL grew from $40,947 to $42,418 in the past year. This data is an estimate based upon 75,194 households in Tallahassee, FL.
The chart below presents how household income is distributed in Tallahassee, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tallahassee, FL compared to median property taxes around the country. The prevalent amount of property taxes in Tallahassee, FL equals $3k+ , which is less than the national average.