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Torris Bethea

torrisbethea@gmail.com +1(850) 570-6655

$ 475,000

Est. payment -/mo

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4046 S Blair Stone Road Tallahassee, FL 32311

3 Beds

2 Baths

2,177 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,177 sqft

Price per Sqft $218

Subdivision Southwood

MLS Listing ID 401312

Style Traditional/Classical

Bedrooms 3

Full Baths 2

HOA Fees $504/ann

Year Built 2005

Lot Size 6,534 Sqft

Property Sub-Type Detached Single Family

Property Description

What if your next home came with a 2.8% mortgage and $1,200 per month in income? This SouthWood property may offer exactly that. The new owner may be able to assume the existing 2.8% mortgage—a rate well below today's market—while the detached carriage house already generates $1,200 per month from a long-term tenant of five years. That's a below-market interest rate and built-in income from day one. Most buyers have to choose between a lower payment and investment potential. Here, you may be able to enjoy both. The main home offers 4 bedrooms, 3 bathrooms, and 2,177 square feet of bright, open living space with new hardwood floors (2025), a cozy fireplace, a new water heater, and HVAC approximately four years old. Move-in ready, with many of the major updates already completed. But the real value isn't just inside the home—it's what the property makes possible. Continue collecting rental income from the detached carriage house, or use it as a guest house, ADU, mother-in-law suite, private home office, multigenerational living space, or housing for a returning college student. Less financial pressure. More flexibility. More options. Step outside to a private deck overlooking your own backyard orchard with apple, peach, orange, and lemon trees. Located in one of Tallahassee's most sought-after communities, SouthWood offers resort-style pools, parks, playgrounds, miles of walking and biking trails, golf course access, and convenient access to shopping, dining, and downtown Tallahassee. Zoned for Conley Elementary, Fairview Middle School, and Florida High/Rickards High School. Homes with assumable mortgages are rare. Homes with rental income are rare. Finding both in SouthWood is even rarer.

Location

State FL

County Leon

Area Leon

Rooms

Master Bedroom 14x13

Bedroom 2 11x11

Bedroom 3 11x11

Living Room 23x15

Dining Room 11x11 11x11

Kitchen 13x11 13x11

Family Room -

Interior

Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator w/Ice, Security Syst Equip-Owned, Washer, Irrigation System, Stove

Exterior

Exterior Feature Traditional/Classical

Parking Features Garage - 2 Car

Utilities Available Electric

View Golf Course View

Road Frontage Curb & Gutters, Maint - Gvt., Paved, Sidewalks, Street Lights

Private Pool No

Building

Lot Description Kitchen with Bar, Open Floor Plan

Story Story - Two MBR Down

Level or Stories Story - Two MBR Down

Schools

Elementary Schools Conley Elementary

Middle Schools Florida High/Fairview

High Schools Florida High/Rickards

Others

SqFt Source Tax

Miscellaneous 9 + Foot Ceilings,Deck,Fenced,Shower Stall,Some Wind Treatments,Public Sewer

Acceptable Financing Assumable - Qualify, Conventional, FHA, VA

Listing Terms Assumable - Qualify, Conventional, FHA, VA

Listed by Keller Williams Town & Country

NEARBY SCHOOLS & PROPERTIES

Torris Bethea

Broker | BKBK 3362428

+1(850) 570-6655

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Torris Bethea

4046 S Blair Stone Road Tallahassee, FL 32311

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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4046 S Blair Stone Road