Residential Condo/Townhome Development Sites

Listing was updated at: 07/29/2020
Property Overview
Price/Rent PSF $ 775,000.00
Asset Type Land
Trade Type Sale
Acres Available 6.00
Date Available 07/22/2020
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Located within the Midyette Palms Condominium neighborhood on Midyette Road in Southeast Tallahassee. This site is adjacent to the Koger Center (State of Florida Office Complex) and is in close proximity to both the new VA Clinic on Blairstone Road and the Southwood Community. Midyette Road is accessible from both Capital Circle NE and Old St. Augustine Road.

The subject property consists of 54 pad sites or of a total of 72 pad sites within the Midyette Palms Condominium neighborhood. Commonly known as phases 2, 3 and 4 of the development. The pads sites consist of one 24-unit pad site, one 18-unit pad site, one 6-unit pad site, and 6 pad sites remaining on the previously constructed 24 unit pad site. (18 units were constructed, 6 units were not, so the remaining 6 pad sites are included as part of the 54 pad site total. . Pads sites are generally 30' x 60' and would typically support an approximate 1300-1700sf, two-story condo unit. Existing neighborhood amenities include front entrance signage, paved streets w/ concrete sidewalks & curbing, underground utilities and stormwater retention. There are 18 existing improved padsites in the neighborhood and the typical condo unit is 3 bedroom and two and one-half baths.