Elementary · PK–5
For sale · Lucerne at Woodlands
Thomasville Road access · Natural calm
Lucerne 19C
A composed Thomasville Road townhouse with a clear sense of daily ease: 2 bedrooms, 1.5 baths, 1,516 heated/cooled square feet, replacement windows and roof from 2011, flooring and bathroom refreshed in 2021, useful storage, and a northeast Tallahassee location that earns its position.
3219 Thomasville Rd Apt 19C
AddressVerified
Parcel 1108900190030
Parcel 1108900190030
Townhouse
Public record useFormat
2-story
2-story
Offer terms by LOI
ProcessSubmit
Buyer proposed
Buyer proposed
Thomasville Road corridor
LocationConvenient
NE Tallahassee
NE Tallahassee
Lucerne at Woodlands
SubdivisionTownhouse
Low upkeep
Low upkeep
Submit terms online
Offer workflowInterior profile
Calm interiors, refined presentation, and practical scale.
A recently renovated 2-bedroom, 1.5-bath townhome with new windows, updated flooring, a renovated bathroom, auxiliary storage, and 1,516 heated/cooled square feet in Tallahassee's established northeast corridor.
2Bedrooms
1.5Baths
1,516Heated/cooled SF
0.03Acres
Location
An address that feels tucked-in, but connected.
3219 Thomasville Road places the home in Tallahassee’s established northeast corridor — close to groceries, coffee, parks, restaurants, hardware, EV charging, Capital Circle NE, Meridian Road, and major in-town routes, without losing the residential feel buyers want at home.
GroceriesPublix, The Fresh Market, and Trader Joe’s — all within the Thomasville Road corridor.
DiningBonefish Grill, First Watch, Newk’s, Northside Pies, and more in the corridor.
ParksDorothy B. Oven Park, Forestmeadows Park, Meridian Road green space, and broader northeast Tallahassee recreation.
Schools
Zoned for three Leon County public schools.
School-zone assignments come from the Leon County GIS school-zone fields for parcel 1108900190030. Florida Department of Education grades, where shown, reproduce the most recent verifiable annual grade and are subject to update each year. Buyers should independently verify zoning and grades before close.
Middle · 6–8
Cobb Middle School
High · 9–12
Leon High School
Source: Leon County GIS school-zone fields (ELEMSCH / MIDDLESCH / HIGHSCH) for parcel 1108900190030. FLDOE grades from Florida Department of Education most recent annual school-grade report. Distances and rankings rounded; buyer to independently verify zoning, grades, and school assignments before contract.
Daily map
The location story is the headline.
The places buyers actually use, mapped to scale: Thomasville Road, Capital Circle NE, Meridian Road, Dorothy B. Oven Park, Forestmeadows Park, groceries, coffee, hardware, EV charging, and dining. Distances shown are Google Maps driving distances from 3219 Thomasville Road; live drive times will vary with traffic. Buyers should independently verify school assignments and any material distance claim.
Google roadmap tiles, zoom 13, north-up. Numbered markers correspond to the ten destinations listed at right; the dark "L" pin marks 3219 Thomasville Road. Default Google business POIs are suppressed so only the destinations selected for this brochure appear. Not a survey or navigation substitute — distances and routes vary in practice.
Photo tour
A slow look through the spaces.
Nine photos cycle automatically — the community sign, the building and grounds from the road, the architectural exterior, living room, kitchen, bedroom, the renovated full bath from two angles, and the patio. Full-resolution images are in the gallery below; click any thumbnail to enlarge.
Lucerne at the Woodlands
Gallery
Photography that carries the finish story.
Tap any photo to enlarge.
Investor proforma
Real income math, presented cleanly.
This is a hypothetical investor view using a $1,950/month market-rent assumption (≈ $1.29 per heated SF), based on the $1,850/month 2024 lease rate escalated at approximately 3% per year with no rental-rate increase issued at renewal. The model uses 3% annual rent growth going forward, a 33% operating expense ratio, 20% down at the current $269,000 asking price, and estimated buyer closing costs equal to 3.0% of purchase price ($8,070). Current / most recent actual rent is $1,850/month for a 12-month term; tenant is expected to vacate by June 30, 2026, with possession targeted for July 2026 subject to the current lease and actual tenant move-out, per seller. Expense support includes HOA at $1,253/yr, property taxes at $3,768/yr, seller-reported insurance premium at $1,573/yr, maintenance / capex reserve at $600/yr, and an implied $528/yr residual allowance for vacancy and minor operating items. The headline 6.18% cap rate reflects projected Year 3 stabilized NOI; Year 1 starts at 5.83% during the ramp to market rent. Rent, insurance, HOA, taxes, vacancy, and financing terms should still be independently verified before relying on this underwriting.
Base assumptions
Designed for an investor who wants simple underwriting: reliable income, controlled expenses, and low ongoing maintenance, and a townhouse with 1,516 heated/cooled square feet of practical, well-proportioned space.
$1,950Market rent / month
3.0%Annual rent growth
33%Expense ratio
$61,870Cash in: down + est. closing
$15,678Year 1 NOI
6.18%3-yr stabilized cap rate
Financing shown at 80% loan-to-value, 30-year amortization, 6.85% interest, including estimated buyer closing costs equal to 3.0% of purchase price in cash-invested return metrics, and excluding taxes on sale, depreciation, tax benefits, reserves beyond the 33% expense ratio, and appreciation.
Investor return snapshot
With rents growing at 3% annually, the early years are close to break-even after debt service, then improve as rent increases while the mortgage payment stays fixed.
−$1,243Year 1 cash flow
1.6%Yr 1 return incl. principal
67%10-yr return before appreciation
10-year return before appreciation equals cumulative after-debt cash flow plus principal paydown divided by estimated cash invested: 20% down payment plus 3.0% buyer closing costs.
10-year proforma summary
YearRent/mo.NOICash flowCoC
1$1,950$15,678−$1,243−2.0%
3$2,069$16,633−$289−0.5%
5$2,195$17,646$7241.2%
7$2,328$18,720$1,7992.9%
10$2,544$20,454$3,5355.7%
Investor takeaway: Year 1 is effectively stabilized around break-even after assumed debt service, while rent growth creates expanding cash flow. By year 10, projected annual cash flow reaches approximately $3,535, with about $31,189 of principal paid down over the holding period before any appreciation is considered.
Price and offer terms.
Asking price: $269,000.
Offer price, financing, contingencies, closing timeline, representation, and any requested transaction terms should be submitted through the LOI or purchase offer and finalized in the purchase contract.
Public-record basis.
- Source reviewed: Leon County Property Appraiser parcel 1108900190030.
- Recorded property use: 0107 – Townhouse.
- Building type: Townhome; year built 1984.
- Heated/cooled square feet: 1,516; auxiliary square feet: 88.
- HOA dues: $104.41/month ($1,253/year) — Lucerne at Woodlands association; no special assessments disclosed at this time. Buyer to review HOA documents at contract.
- Current property taxes: $3,768/year per Leon County records.
- Renovation history: replacement windows and new roof in 2011; flooring, bathroom, and interior paint refreshed in 2021. Minor improvements ongoing since 2011.
- Property is marketed as 2 bedrooms and 1.5 baths per public record parcel 1108900190030.
- Disclosures: Florida Seller's Property Disclosure, HOA governing documents, current tax bill, and known material facts provided to qualified buyers upon submission of a Letter of Intent.
- Buyer must independently verify square footage, taxes, HOA/community documents, assessments, insurance, schools, financing, and all material facts.
Ready to review the opportunity?
Use the LOI builder for buyer information, offer price, escrow, financing, buyer-broker information, and Florida contract drafting notes.