Ad #7651354
MLS #399168
What if your next home came with a 2.8% mortgage and $1,200 per
4046 BLAIR STONE Rd, Tallahassee, FL 32311
$455,000
4Beds
3Baths
2,177Sqft
0.15Acres
About this property
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 rate, well below today's market; While the detached carriage house already generates $1,200 per month from a long-term tenant. 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. Schedule your private showing today.
Property Features
4 Beds
3 Baths
2,177 Sqft
Built in 2005
0.15 Acres
2 Stories
Southwood Golf Club
On Golf Course
Has Golf View
Garage
Siding: FiberCement
Has Fireplace
$5,357 / yr property tax
Leon County
Southwood Community
Additional Photos
Contact Information
Christopher Worth
850-345-3560
Location
Listing Agent: Christopher Worth (License #: 3287777) 850-345-3560
Broker: 850-201-4663 Listing Site
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: 850-201-4663 Listing Site
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
GolfHomes.com
Printed Aug 11, 2026
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$455,000
4
Beds
3
Baths
2,177
Sqft
4046 BLAIR STONE Rd, Tallahassee, FL 32311
By contacting this agent you agree to these Terms and Conditions.
MLS# 399168
What if your next home came with a 2.8% mortgage and $1,200 per
$455,000
4046 BLAIR STONE Rd, Tallahassee, FL 32311
4
Beds
3
Baths
2,177
Sqft
0.15
Acres
$455,000
4046 BLAIR STONE Rd, Tallahassee, FL 32311
4 Beds
3 Baths
2,177 Sqft
0.15 Acres
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 rate, well below today's market; While the detached carriage house already generates $1,200 per month from a long-term tenant. 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. Schedule your private showing today.
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Property Details
HOME DETAILS
4 Beds
3 Baths
2,177 Sqft
Built in 2005
0.15 Acres
2 Stories
GOLF COURSE & VIEW
Southwood Golf Club
On Golf Course
Has Golf View
EXTERIOR
Garage
Siding: FiberCement
INTERIOR
Has Fireplace
FINANCIAL & COMMUNITY
$5,357 / yr property tax
Leon County
Southwood Community
See More Details
Location
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Ad Statistics
Ad Number
7651354
Viewed
0 time
Listing Status
Active
Added
Apr 30, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Tallahassee Board of Realtors
Source Property ID
399168
Listing Agent: Christopher Worth (License #: 3287777) 850-345-3560
Broker: 850-201-4663 Listing Site
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: 850-201-4663 Listing Site
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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