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$12,400,000 -$400,000 (-3.13%) Price Reduced
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Property Description
Asking price reduced - Ownership wants to negotiate and sell. TRYP is a newer Wyndham midscale brand positioned for lifestyle-focus w/ European flair but priced & operated in the upper midscale tier. TRYP benefits from Wyndham Hotel & Resorts being the largest hotel franchising company w/ over 8,500 properties globally. Renovated in 2023, turnkey acquisition presents immediate value w/ a $620K upgrade. 100 guest rooms (a nonsmoking, pet friendly property), restaurant/tavern, fitness center, complimentary breakfast w/ hot options,24-hour front desk & business services. Close proximity - Florida State Capitol, Florida State University, Florida A&M University, Alfred B Maclay Gardens State Park, Governor's Square Regional Mall, Railroad Square Art Districts, Tallahassee International Airport. Also available - Orlando Sonesta Essential, MLS A11903117
Full Property Details
Full Property Details for 1978 Village Green Way
General
- Price: $12,400,000
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A11903535
- Updated: 2/20/2026
- Added to Site: 119 day(s) ago
Business
- Business Type: Hotel/Motel
Location
- County: Leon County
Community
- Units Assoc/Comm: 100
Structural Information
- # Buildings: 1
- Structure Type: Hotel
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Building Size: 66819
- Current Bldg. Use: Hotel Non-Waterfront
Unit Information
- Units in Complex: 100
Lot Features
- Lot Size (Sq. Ft.): 90,604
- Zoning: OR-3
Financial Considerations
- Terms: Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1978 Village Green Way
School District:Leon County School District
| Name | Grades | Distance |
|---|---|---|
Gilchrist Elementary School 1301 Timberlane Road, Tallahassee, FL 32312 | PK-5 | 0.9 mi |
Elizabeth Cobb Middle School 915 Hillcrest Street, Tallahassee, FL 32308 | 6-8 | 3.5 mi |
Lincoln High School 3838 Trojan Trail, Tallahassee, FL 32311 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1978 Village Green Way
Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$12,400,000
-3.12%
MLS
12/09/2025
Price Reduced
$12,800,000
-5.19%
MLS
10/24/2025
Listed
$13,500,000
20%
MLS
10/25/2022
Sold
$11,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1978 Village Green Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$126,398
-45%
$6,581,159
7%
2024
$231,527
88%
$6,178,351
-3%
2023
$123,127
-18%
$6,363,335
215%
2022
$150,628
327%
$2,020,895
10%
2021
$35,264
—
$1,837,178
-20%
2021
$35,264
-48%
$2,296,472
-35%
2019
$67,345
—
$3,523,333
1%
2018
$67,171
15%
$3,481,955
16%
2017
$58,589
3%
$3,001,074
4%
2016
$57,152
-3%
$2,886,300
-1%
2015
$59,062
7%
$2,916,774
5%
2014
$55,311
-2%
$2,774,211
-2%
2013
$56,556
—
$2,841,933
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1978 Village Green Way
1978 Village Green Way, Tallahassee, FL 32308 (MLS# A11903535) is a Commercial Service property. 1978 Village Green Way is currently listed for $12,400,000 and was received on October 24, 2025. Want to learn more about 1978 Village Green Way? Do you have questions about finding other Commercial Service real estate for sale in Tallahassee? You can browse all Tallahassee real estate or contact a Coldwell Banker agent to request more information.
