Zip codes 32305 homes for sale starting at Fifty Thousand Dollars

$4,000,000 - Panama City, FL

2420 Jenks Ave Panama City, FL - Multi-use professional center, conveniently located just off of 23rd Street and Jenks Avenue intersection.

$2,995,000 - Tallahassee, FL

612-696 Ridge Road Tallahassee, FL - The word opportunity for a savvy investor or new investor is an understatement on this bulk sale of 20 Single Home rental properties that can be held with a potential 9.4 Cap Rate. Or purchase to sell off the package as individual sales. This owner has a larger investment opportunity and will be selling this on April 30th, 2025.

$2,900,000 - Tallahassee, FL

612-696 Ridge Road Tallahassee, FL - BIDDING HAS BEGUN! Presenting an unparalleled opportunity to acquire a 20-property portfolio in one of Tallahassee’s most dynamic and rapidly expanding neighborhoods. These exceptionally well-maintained single-family homes, ranging from 1,200 to 1,500 sq. ft., feature 3-bedroom layouts, some with garages, and all with private rear yards. With newer roofs and fully leased units, these properties offer immediate cash flow and extraordinary potential for long-term growth, making this portfolio an ideal investment for any serious real estate investor. Strategically located near Florida A&M University (FAMU), Florida State University (FSU), Tallahassee Community College (TCC), and Railroad Square, this portfolio is ideally situated to benefit from the city’s ongoing expansion. The area also enjoys substantial public investments in infrastructure, including the development of a new intermodal bus station and major road improvements, which are significantly enhancing connectivity and access. Additionally, state offices, the Florida State Capitol, and the Florida State Fairgrounds are just minutes away, reinforcing the area’s residential and commercial appeal. With rents currently below Section 8 rental limits, there is an immediate value-add opportunity to adjust rents in line with the newly updated Section 8 market rates, maximizing returns without requiring significant capital improvements; potentially resulting in a 9% or higher CAP RATE. This offers investors the chance to quickly increase income from the properties with minimal effort. This portfolio is a rare gem, offering prime location, exceptional property quality, and significant growth potential. With fully leased units, immediate income, and a market poised for long-term appreciation, this is truly a once-in-a-lifetime opportunity. Opportunities like this are few and far between – act quickly to secure your place in Tallahassee’s next real estate boom. **Projections of 9% CAP RATE reflect anticipated rental income at updated Section 8 rates, with the rent adjustments yet to be implemented to reach full market value!!!**

$595,000 - Tallahassee, FL

11350 Granny Lane Tallahassee, FL - Investor Opportunity: This 10.52-acre income-producing property features two site-built homes and two mobile homes, all currently rented and generating a combined monthly income of $4,500. An additional tenant-owned mobile home and shed further contribute to steady lot rental income of $400 monthly. Main House is 4 bedrooms, 3 bathrooms. Second House: 3 bedrooms, 1 bathroom with recently renovated interior. Two Rental Mobile Homes and a Tenant-Owned Mobile Home renting lot space. Property highlights include a community well, separate septic systems for each house, a large 3-bay shop, a carport with storage, and zoning that allows for up to six total homes. Located in a Rural Zone, this property offers immediate cash flow with potential for increased rental income or future development. A rare opportunity to invest in a rental area with proven occupancy and growth potential!

$595,000 - Tallahassee, FL

11350 Granny Lane Tallahassee, FL - This expansive 10.52-acre property offers a unique income-generating opportunity with two houses and two mobile homes, all ideal for rental income. Additionally, a third tenant-owned mobile home with an accompanying shed is situated on the property, where the tenant currently rents the lot space. The main house is a spacious 4-bedroom, 3-bath home that is already rented. The second site-built home, a remodeled 3-bedroom, 1-bath residence, is currently vacant and ready for occupancy. Both mobile homes are also rented, ensuring steady income potential. A community well supplies water to the property, and each house has its own separate septic system. The main house features a large 3-bay shop and a separate carport with additional storage space, adding to the property's appeal. The property is zoned Rural and has the capacity to accommodate up to six total homes, providing an excellent opportunity for future growth or additional rental units. Whether you're looking for a multi-family investment, rental income, or room to expand, this property offers endless possibilities in a peaceful rural setting.

$560,000 - Tallahassee, FL

6087 Natural Bridge Road Tallahassee, FL - Custom-Built One-Owner Home - Old Florida Charm on 7 Acres This distinctive home surrounded by live oaks and native saw palmetto bushes, offers an authentic taste of Old Florida living. The custom-built, one-owner home features a thoughtful layout and high-quality craftsmanship. The home includes an open floor plan with split bedrooms and a spacious upstairs bonus room, ideal for a home office, guest suite, or playroom. High-end windows and doors throughout ensure energy efficiency and allow for abundant natural light. Additional highlights include a 10x12 heated and cooled storage room adjacent to the garage, perfect for hobbies, tools, or climate-controlled storage. A small fenced area off the back porch provides a safe space for children or pets to play. Enjoy the best of both worlds with a peaceful, country-like setting that is conveniently located—11 short miles to the coast and 15 miles to the Downtown Tallahassee. Whether you're seeking privacy, space to roam, or close proximity to city amenities and outdoor activities, this property offers it all.

$500,000 - Tallahassee, FL

627 Nocatee Road Tallahassee, FL - Large luxury home situated on a 3 acre park like setting with a guest house! The custom main home was built in 2017 by the current owner The thoughtful design features of the main home include an open floor plan, gourmet style kitchen, two laundry rooms, with hardwood floors on the main level. The layout allows for all living space on the fist floor and a half bath for convenience. The kitchen is adored with custom Granite and Marble counter tops, upgraded soft close cabinets and drawers and a large island with contrasting Marble. The upper level features three oversized bedrooms including a nicely appointed guest bath. The oversized primary bedroom is attached to an expansive custom bath with a very large master closet. The original home functions a a guest house and it features 2 bedrooms and one bath. The nearly 3 acres back up to state land and includes a large garage/workshop with an attached covered area. This one is a must see for those who enjoy convenience to town with a rural park like setting.

$495,000 - Tallahassee, FL

427 Crossway Road Tallahassee, FL - Zoned M1 for light industrial use, this versatile property offers a rare opportunity to live and work on the same site. Situated near busy intersections in a high-visibility area, this location is perfect for entrepreneurs, small business owners, or investors looking for a space with flexibility and potential. The property includes a charming 3-bedroom, 1-bathroom home, a detached workshop, a shed, and ample open space for future expansion or additional buildings. Whether you're looking to operate a business, expand a current venture, or simply enjoy a live/work lifestyle, this property provides the foundation for it all. Don't miss this unique investment opportunity in a growing area of Tallahassee—schedule your private showing today!

$495,000 - Tallahassee, FL

$449,000 - Tallahassee, FL

Pasco Street Tallahassee, FL - Parcel ideal for residential development.

Zip codes 32305 listings for sale

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