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4046 S Blair Stone Road

Tallahassee, FL 32311

$475,000 $2,002/Mo

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Overview

Bed

Bath

2,177

Sqft

0.15

Acre(Lot)

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 rea l 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.

Property Details

Property Type : Residential

Price : $475,000

AD Id : 84982714

MLS Id : 401312

Beds : 3

Lot Size : 0.15 Acre

Living Area Size : 2,177

Year Built : 2005

Garage : 2

County : Leon

Subdivision: Southwood

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2
Interior Features

HighCeilings, StallShower, WindowTreatments, PrimaryDownstairs

Appliances: Dryer, Dishwasher, Disposal, IceMaker, Microwave, Refrigerator, Stove, Washer

Building Information

Year Built: 2005

Building Area Total: 2177

Patio And Porch Features: Deck

Private Pool: No

View: GolfCourse
Exterior Features

Exterior Features: FullyFenced, SprinklerIrrigation

Lot Information

Lot Size Acres: 0.15

Property Information

Subdivision: Southwood Source Property Type: Residential Property SubType: Detached Property Age: 21

Listing Price Information

Listing Price: $475000

Assumable, Conventional, FHA, VaLoan

Tax Information

Parcel Number: 12073-31-15-17- A-010-0 Tax Lot: 10 Tax Block: A Annual Tax: $5357

Virtual Tour

Virtual Tour (External Link)

Parking Information

Garage, TwoCarGarage

Garage Information

Has Garage: Yes Garage Space: 2

Homeowners Association Information

HOA: $504.00

Community Features: Curbs, Gutters, StreetLights, Sidewalks

School Information

Elementary School: CONLEY ELEMENTARY Junior High School: Florida High/Fairview Senior High School: Florida High/Rickards
Location Information

Direction: Capital Cr SE to Blair Stone Rd into Southwood Security Features: SecuritySystemOwned

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6611 Crooked Creek Road, Tallahassee, FL, 32311	$495,000	5	4	2,846	2,846 SqFt
10394 Roger Hamlin Road, Tallahassee, FL, 32311	$189,500	3	2	1,456	1,456 SqFt
6011 Tindell Lane, Tallahassee, FL, 32311	$339,900	5	2	2,227	2,227 SqFt
3998 W W Kelley Road, Tallahassee, FL, 32311	$795,000	5	4	3,000	3,000 SqFt
3017 W W Kelley Road, Tallahassee, FL, 32311	$225,000	3	2	1,445	1,445 SqFt
2455 W W Kelley Road, Tallahassee, FL, 32311	$499,999	3	2	2,273	2,273 SqFt
9519 Rose Road, Tallahassee, FL, 32311	$299,000	4	2	1,722	1,722 SqFt
9152 Hidden Creek Lane, Tallahassee, FL, 32311	$875,000	1	1	520	520 SqFt
1927 Miner Lane, Tallahassee, FL, 32311	$77,000	3	2	1,008	1,008 SqFt
9056 Hardwood Lane, Tallahassee, FL, 32311	$135,000	3	2	1,583	1,583 SqFt

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ByOwner last updated this listing 06/17/2026 @ 09:13

MLS: 401312 LISTED BY: Christopher Worth, Keller Williams Town & Country 850-201-4663 SOURCE: TBRMLS