Luxury Condo Units Available For Lease

by Joe Manausa on July 21, 2011

Welcome to 830 East Park Avenue in Tallahassee, Florida.

If you are looking for a premium location to live, with reasonable rental rates, you should take a tour of 830 East Park Avenue in downtown Tallahassee.

Each unit has parking for your car, right at your front door. Compare this to other downtown condominiums and apartments, many where the walk is more than 1/4 mile from car to front door! No need to lug groceries all over a parking garage and grunt them up to your room.

Located a short walk from Starbucks, Smash Burger, and plenty of other modern dining establishments, you can enjoy the best of Tallahassee without even having to use a car. Considering 830 East Park Avenue is located directly on the bus route, you might be tempted to sell your car and completely convert to an urban lifestyle.

830 East Park Avenue features both one and two bedroom units for rent. Unlike other downtown Tallahassee properties, these apartments are huge!

1 Bedroom Condo For Rent

Our one bedroom units are similar in size to surrounding two bedroom units, with room enough for all of your furniture and belongings. It’s like living in a two bedroom place without having to have a roommate!

2 Bedroom Condo For Rent

Our too bedroom apartments are the size of many three bedroom ones in surrounding locations. Two large bedrooms plus a living room big enough for all of your audio and video entertainment systems. Take a tour of our two bedroom units and you’ll realize they are the best value in Tallahassee.

Take the time to visit for a short tour and you’ll see why the recently renovated condominiums at 830 East Park Avenue are the perfect place to live in downtown Tallahassee. Simple call us at (850) 800-9161 and we’ll schedule a time to show you your new home.

{ 0 comments }

100% Financing Now Available – Investors Too!

by Joe Manausa on May 14, 2010

Picture of Downtown Tallahassee CondoReal estate in downtown Tallahassee has been dominated by the commercial sector since forever, but residential opportunities are starting to take traction. While there have always been a scattered presence of townhouses, condominiums and apartments, the luxury condo market is finally taking shape.

2 Bedroom Condo Model In Tallahassee

1 Bedroom Condo Model In Tallahassee

The following is a quick list I produced by pulling some of the more active condominium developments in downtown Tallahassee. There are many condominium developments now compared to the relative few just ten years ago.

Due to the current market conditions in Tallahassee (and Florida and the entire US), there are some great values available. Many units are now selling below what it would cost to replace them. As you will be able to see, prices go from super-affordable to well over $1M.

Downtown Tallahassee Condominiums

Tallahassee Condominium Lowest Price Average Price Highest Price
423 All Saints Condominiums $199,000 $229,233 $250,000
Adams Place Condominiums $61,750 $157,900 $1,701,000
Adams Street Lofts $189,900 $191,831 $204,900
830 East Park Avenue $79,900 $130,714 $165,000
Governor’S Inn Condominium $142,500 $231,603 $650,000
2333 Hansen Lane Condo $172,800 $348,900 $525,000
Midtown At Meridian $98,900 $125,766 $156,900
Park At Stonebriar Condo $191,000 $220,183 $426,000
Park Avenue Condo $154,900 $154,900 $154,900
Park One Condominiums $1,000,000 $1,000,000 $1,000,000
810 Saint Michael Street Condo $215,000 $277,500 $340,000
812 Saint Michael Street Condo $360,000 $364,500 $369,000
Tallahassee Center Condo $116,900 $228,968 $1,194,200
The Tennyson Condominium $209,900 $345,460 $1,000,000

When shopping for a downtown luxury condominium in Tallahassee, buyers have a great selection due to the glut of inventory on the market. The amenities that are being offered range from absolutely nothing to downright incredible, so shopping is very important. Two financial points to consider if you are going to be buying a condo downtown include:

  1. Condo Fees – Unlike buying a single family home where you can easily compare apples to apples, one must consider condo fees in the value consideration. For example, a unit selling for $150K with a $500 per month condo fee should not be compared with a condominium selling for $150K and having a $200 monthly condo fee. The extra $300 represents a value difference of over $60K for a unit that is financed with 3.99% interest, meaning a unit that is selling for $150K with $500 in monthly condo fees has a similar monthly cost as a $210K unit with $200 in monthly condo fees.
  2. Financing – 100% financing is available on some of these units. While this would not have been “headline material” several years ago, it certainly is today. Both owner-occupants and investors can buy a downtown Tallahassee condominium with low interest rates and 100% financing. Since financing is typically the costliest expense in buying a condo unit, this makes now an incredible opportunity.

Our offering in this year’s Parade of Homes is a prime example of why many people are considering downtown Tallahassee as great place to live. Within walking distance of so many great places for dining and entertainment, it is not surprising that buyers are taking advantage of great low prices, 100% financing, and interest rates so low it would make our President blush.

{ 1 comment }

Welcome To Living In Downtown Tallahassee

June 1, 2009

Welcome to 830 East Park Avenue in Tallahassee, Florida. If you are looking for a premium location to live, with reasonable rental rates, you should take a tour of 830 East Park Avenue in downtown Tallahassee. Each unit has parking for your car, right at your front door. Compare this to other downtown condominiums and […]

Read the full article →