$883,350
2288 Del Carmel Way
Tallahassee, FL 32303
Listing updated: February 9, 2026 at 6:48 AM ET
Listing courtesy of Hpl Realty Investments · Moshe Sheffi · MLS #O6380828 · Active · 407-601-6057Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
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.**
Local Insight
This brand-new quadruplex is priced aggressively at $179/sqft for a 2024 build in a condo subdivision, which could signal either strong value or that the builder needs to move inventory—worth comparing to recent nearby sales to confirm. The $215/month HOA on a rental investment property is manageable, and being in flood zone X removes that insurance wildcard, but the razor-thin 0.03-acre lot means you're banking entirely on the unit mix and rental income to justify the price, not land appreciation. Before committing, run the numbers on what each of the four units would realistically rent for in this Tallahassee market to see if the cash flow actually pencils out.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveFeb 8, 2026
- Listed$883,350Feb 8, 2026
- Price increased$883,350
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Sunrise/Mission Overlook Condo
- County
- Leon
- Year built
- 2024
- Living area
- 4,928 sq ft
- Price/sq ft
- $179
- Building area
- 5,120 sq ft (Owner)
- Lot size
- 1,246 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12073C0276F)
- Annual taxes
- $3,496 (2025)
- Parcel #
- 21-21-22-000-140.1
- Zoning
- MR-1
- MLS #
- O6380828
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Interior Details
- Bedrooms
- 0
- Interior features
- Living Room/Dining Room Combo
- Laundry
- Laundry Closet
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
HOA & Financial
- HOA fee
- $215 / Monthly
- Monthly HOA
- $215/mo
- Total monthly fees
- $215/mo
- Total annual fees
- $2,580
- HOA name
- Mary Jackson - Total professional management
- CDD
- No
- Ownership
- Condominium
Exterior & Construction
- Exterior features
- Sidewalk
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Yes
Listing Details
- Listing date
- 2026-02-08
- On market date
- 2026-02-08
- Original list price
- $883,350
- Occupant type
- Tenant
- MLS area
- 32303 - Tallahassee
- Listing AOR
- Orlando Regional
- Status changed
- 2026-02-08
- Tax legal description
- SECTION 21 T1N 1RW SUNRISE AT MISSION OVERLOOK CONDOMINIUM OR 5709/1043 UNIT 1401
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head east on I-10 (or west if coming from the east). Take exit 199A for Apalachee Parkway (US-27 S). Merge ontoApalachee Parkway and drive about 3.5 miles. Turn left onto Blair Stone Road. Turn left onto Del Carmel Way, building on your right next to thepool
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of February 9, 2026 at 6:48 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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