1533 S Bronough St, Tallahassee, FL 32301

OPPORTUNITY ZONE!!! This fully renovated thirteen-unit apartment building in Tallahassee offers a prime investment opportunity located directly adjacent to Florida A&M University (FAMU). Positioned in one of the city’s strongest rental corridors, the property is currently transitioning to 100% student housing, aligning with consistent and growing demand from FAMU’s expanding student population. Each unit has been completely updated, minimizing near-term capital expenditures while providing immediate operational upside. With renovations complete and repositioning underway, there remains clear potential to further increase rents as the asset stabilizes under the student housing model. Tallahassee, home to Florida’s state government, Florida State University, and FAMU, benefits from a diverse and stable economic base driven by education, government, and healthcare. Strong enrollment numbers, steady population growth, and limited student-focused inventory in high-demand areas create a compelling long-term hold with continued appreciation and cash flow upside. This is a rare opportunity to own a turnkey, value-add student housing asset in a resilient and expanding capital city market. Call or Text Listing Agent directly with any questions at 407.808.0899